Fidelity Growth Strategies Fund’s Q2 2025 Investor Letter

Fidelity Investments, an investment management company, recently released its “Fidelity Growth Strategies Fund” second-quarter 2025 investor letter. The Fidelity Growth Strategies Fund is a diversified domestic equity strategy with a focus on mid-cap growth investments. The fund focuses on investing in high-quality companies that demonstrate consistent growth and generate positive free cash flow. The fund’s Retail Class shares returned 22.74% in the second quarter, underperforming the 18.20% return of the benchmark Russell Midcap Growth Index. U.S. mid-cap growth stocks saw strong gains in Q2, bouncing back from a brief decline in early April following President Trump’s tariff announcement. In addition, you can check the fund’s top 5 holdings to know its best picks in 2025.

A copy of Fidelity Growth Strategies Fund’s Q2 2025 investor letter can be downloaded here.