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Semi-Annual Report and Accounts - chartbook.fid-intl.com

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Fidelity<br />

Funds<br />

American Growth Fund<br />

Schedule of Investments as at 31 October 2012<br />

Country Ccy Shares or Market % Net<br />

Code Nominal Value Assets<br />

USD<br />

Securities Admitted to or Dealt on an Official Stock Exchange<br />

Energy<br />

Exxon Mobil US USD 146,903 13,284,465 4.93<br />

Chevron US USD 53,790 5,896,453 2.19<br />

EOG Resources US USD 37,467 4,343,186 1.61<br />

Schlumberger US USD 60,715 4,206,963 1.56<br />

National Oilwell Varco US USD 40,101 2,942,628 1.09<br />

Helmerich & Payne US USD 36,352 1,732,891 0.64<br />

Ensco (A) GB USD 24,416 1,397,061 0.52<br />

Rowan Companies (A) US USD 41,469 1,314,161 0.49<br />

Cameco CA CAD 26,239 505,937 0.19<br />

35,623,745 13.23<br />

Utilities<br />

Exelon US USD 59,420 2,119,507 0.79<br />

2,119,507 0.79<br />

Materials<br />

Freeport-McMoRan Copper & Gold US USD 74,962 2,923,523 1.09<br />

Mosaic US USD 34,377 1,800,337 0.67<br />

Potash Corp of Saskatchewan CA CAD 33,541 1,348,841 0.50<br />

6,072,701 2.26<br />

Industrials<br />

Danaher US USD 91,363 4,735,329 1.76<br />

United Parcel Service (B) US USD 53,652 3,923,046 1.46<br />

Emerson Electric US USD 80,310 3,886,177 1.44<br />

Donaldson US USD 97,804 3,142,456 1.17<br />

Rockwell Automation US USD 38,754 2,730,616 1.01<br />

Parker Hannifin US USD 34,383 2,706,311 1.01<br />

Robert Half International US USD 68,668 1,840,301 0.68<br />

Deere & Co US USD 17,966 1,531,600 0.57<br />

Rockwell Collins US USD 27,876 1,487,461 0.55<br />

25,983,297 9.65<br />

Information Technology<br />

Microsoft US USD 302,851 8,661,533 3.22<br />

Apple US USD 12,952 7,725,032 2.87<br />

Google (A) US USD 7,664 5,189,183 1.93<br />

Amphenol (A) US USD 58,312 3,496,390 1.30<br />

Maxim Integrated Products US USD 106,850 2,956,540 1.10<br />

Cisco Systems US USD 145,612 2,510,344 0.93<br />

Lenovo Group CN HKD 2,659,178 2,123,800 0.79<br />

Juniper Networks US USD 123,561 2,039,986 0.76<br />

Altera US USD 67,019 2,025,321 0.75<br />

Agilent Technologies US USD 49,317 1,772,953 0.66<br />

Xilinx US USD 48,356 1,578,324 0.59<br />

TE Connectivity CH USD 39,182 1,260,482 0.47<br />

Intel US USD 54,467 1,184,117 0.44<br />

NetApp US USD 39,962 1,081,760 0.40<br />

Akamai Technologies US USD 22,855 867,132 0.32<br />

FLIR Systems US USD 26,792 519,771 0.19<br />

44,992,668 16.71<br />

Consumer Discretionary<br />

Home Depot US USD 99,998 6,122,890 2.27<br />

Time Warner US USD 110,438 4,746,641 1.76<br />

Mattel US USD 79,534 2,924,466 1.09<br />

Dick’s Sporting Goods US USD 54,110 2,678,972 1.00<br />

Amazon.<strong>com</strong> US USD 11,051 2,557,610 0.95<br />

Coach US USD 45,060 2,501,754 0.93<br />

Omni<strong>com</strong> Group US USD 46,265 2,200,366 0.82<br />

Johnson Controls US USD 68,676 1,760,861 0.65<br />

BorgWarner US USD 25,904 1,689,960 0.63<br />

Under Armour (A) US USD 26,743 1,395,474 0.52<br />

Stanley Black & Decker US USD 11,753 813,176 0.30<br />

29,392,170 10.92<br />

Consumer Staples<br />

Procter & Gamble US USD 122,005 8,453,725 3.14<br />

Coca-Cola US USD 215,429 7,968,729 2.96<br />

Wal-Mart Stores US USD 90,653 6,747,326 2.51<br />

Colgate-Palmolive US USD 46,488 4,839,451 1.80<br />

General Mills US USD 110,732 4,418,210 1.64<br />

HJ Heinz US USD 76,711 4,414,713 1.64<br />

Estee Lauder (A) US USD 63,825 3,932,876 1.46<br />

CVS Caremark US USD 79,433 3,673,799 1.36<br />

44,448,829 16.51<br />

11<br />

Healthcare<br />

Johnson & Johnson US USD 136,869 9,669,830 3.59<br />

Pfizer US USD 339,978 8,479,054 3.15<br />

Merck & Co US USD 179,408 8,168,465 3.03<br />

Covidien IE USD 62,644 3,431,625 1.27<br />

Express Scripts Holding US USD 55,345 3,414,239 1.27<br />

Mettler-Toledo International US USD 17,479 2,922,776 1.09<br />

Gilead Sciences US USD 39,448 2,633,923 0.98<br />

Baxter International US USD 38,038 2,368,612 0.88<br />

Stryker US USD 43,429 2,274,372 0.84<br />

43,362,896 16.11<br />

Financials<br />

US Bancorp US USD 160,369 5,308,200 1.97<br />

Marsh & McLennan US USD 143,155 4,848,654 1.80<br />

JPMorgan Chase & Co US USD 103,184 4,291,420 1.59<br />

Northern Trust US USD 89,916 4,275,506 1.59<br />

Wells Fargo & Co US USD 123,474 4,162,325 1.55<br />

Aon GB USD 69,941 3,764,251 1.40<br />

Lazard (A) BM USD 84,846 2,502,110 0.93<br />

Goldman Sachs Group US USD 18,880 2,305,835 0.86<br />

Greenhill & Co US USD 38,402 1,826,772 0.68<br />

Franklin Resources US USD 11,534 1,475,723 0.55<br />

34,760,796 12.91<br />

Fractions 3 0.00<br />

Total Investments (Cost USD 234,991,606) 266,756,612 99.08<br />

Forward Foreign Exchange Contracts<br />

- A-ACC Shares (EUR) (hedged)<br />

Country Ccy Shares or Market % Net<br />

Code Nominal Value Assets<br />

USD<br />

Underlying Unrealised % Net<br />

exposure gain / (loss) Assets<br />

USD USD<br />

Bought EUR Sold USD at 0.77686 07/11/2012 3,286,324 25,424 0.01<br />

Bought EUR Sold USD at 0.77184 07/12/2012 3,192,383 4,823 0.00<br />

Bought USD Sold EUR at 1.29525 07/11/2012 3,311,747 (4,974) (0.00)<br />

25,273 0.01<br />

Other Assets <strong>and</strong> Liabilities 2,443,641 0.91<br />

Net Assets 269,225,526 100.00<br />

GEOGRAPHICAL SPLIT<br />

Country Country Code % Net Assets<br />

USA US 93.02<br />

UK GB 1.92<br />

Irel<strong>and</strong> IE 1.27<br />

Bermuda BM 0.93<br />

China CN 0.79<br />

Canada CA 0.69<br />

Switzerl<strong>and</strong> CH 0.47<br />

Cash <strong>and</strong> other net assets 0.92<br />

The ac<strong>com</strong>panying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments <strong>and</strong> in the geographical split is subject to rounding.

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