Mutual Funds·Actively managed large-growth fund

Fidelity Contrafund (FCNTX) Review: Fees, Features, and Ratings

Long-tenured active large-growth fund managed by Will Danoff.

4.4(200 reviews) Boston, MA, United States Founded 1967 BeginnerLast updated 2026-02-14
Claim this listing

MoneyMoodBoard has not been paid to feature this listing. This review is based on publicly available information and user-submitted data. Always verify regulatory status on SEC.gov or FINRA BrokerCheck before depositing funds. MoneyMoodBoard is not a financial advisor.

Expense ratio
0.39%
Minimum
$0
Load
None
Category
Large growth

This listing is unclaimed. Data was compiled by MoneyMoodBoard editors from publicly available sources and has not been confirmed by the business. Details may be incomplete or out of date — verify regulatory status before depositing money.

About Fidelity Contrafund (FCNTX)

Fidelity Contrafund (FCNTX) is a actively managed large-growth fund in the mutual funds category regulated by SEC and Investment Company Act 1940. Founded in 1967 and headquartered in Boston, MA, operating for 59 years, it is most often used for automating contributions inside a 401(k).

Why people search for this

Pick a professionally managed pooled fund — usually inside a 401(k) or IRA — and automate contributions.

Who Fidelity Contrafund (FCNTX) fits — and who it doesn't

Fidelity Contrafund (FCNTX) fits best when you are automating contributions inside a 401(k), and specifically when default option inside employer retirement plans. It also suits investors who want automated monthly investment with minimal trading.

It is not the right pick for someone who needs a fundamentally different product from a actively managed large-growth fund.

How fees work at Fidelity Contrafund (FCNTX)

Fidelity Contrafund (FCNTX)'s headline cost is expense ratio at See attributes. Secondary line items include sales load (See attributes), short-term redemption fee (May apply within 30–90 days). Always cross-check fees against the operator's current pricing page — schedules change without notice.

Regulation & safety

Fidelity Contrafund (FCNTX) is registered with or supervised by SEC (verify on SEC EDGAR), Investment Company Act 1940. Regulatory registration is not a guarantee against loss — it means the firm operates under a defined rule-book and is subject to enforcement when it doesn't.

How Fidelity Contrafund (FCNTX) compares

The closest peer to Fidelity Contrafund (FCNTX) in this directory is American Funds American Balanced (ABALX), also a balanced fund. On expense ratio the two differ visibly — Fidelity Contrafund (FCNTX) shows 0.39%, while American Funds American Balanced (ABALX) shows 0.55%. If you are torn, open both side by side in the compare tool to see every attribute laid out in one table.

AttributeFidelity Contrafund (FCNTX)American Funds American Balanced (ABALX)
Expense ratio0.39%0.55%
Minimum$0$250
LoadNone5.75% (A share)
CategoryLarge growthModerate allocation

Fidelity Contrafund (FCNTX) is a actively managed large-growth fund in the mutual funds category, headquartered in Boston, MA. Long-tenured active large-growth fund managed by Will Danoff.

Fidelity Contrafund (FCNTX) is an SEC-registered mutual fund first offered around 1967. The fund is priced once daily at net asset value and is widely available through standalone brokerage accounts and US employer-sponsored retirement plans.

Best for

  • 401(k) participants. Default option inside employer retirement plans.
  • Set-and-forget savers. Want automated monthly investment with minimal trading.

Fidelity Contrafund (FCNTX): questions

Common questions about Fidelity Contrafund (FCNTX)

Short answers to the questions people most commonly type into search when researching Fidelity Contrafund (FCNTX). Each answer is composed from this listing's own data — regulator footprint, fees, headquarters, ratings — so it reflects the current state rather than a generic template.

Is Fidelity Contrafund (FCNTX) safe?

Fidelity Contrafund (FCNTX) operates under SEC, Investment Company Act 1940, which means it is subject to the disclosure and conduct rules of those regulators. "Safe" in this context refers to the firm's licensing and operational footprint, not to the price risk of the underlying actively managed funds — those can still fall. Verify the regulator entry directly before depositing funds.

Is Fidelity Contrafund (FCNTX) legit?

Fidelity Contrafund (FCNTX) has been operating since 1967 from Boston, MA, United States and carries a 4.4/5 rating across 200 user reviews on MoneyMoodBoard. Combined with its regulator listing(s) above, that is consistent with a legitimate, established operator — but it does not vouch for product fit or future performance.

Fidelity Contrafund (FCNTX) fees explained

The headline cost at Fidelity Contrafund (FCNTX) is expense ratio at See attributes. The Fees & Features tab on this page lists every line item the operator currently discloses; always cross-check against the operator's own pricing page before opening an account.

How to open a Fidelity Contrafund (FCNTX) account

Opening an account with Fidelity Contrafund (FCNTX) typically requires a government-issued ID, proof of address, and a funding source linked from a US bank. Most accounts in the mutual funds category clear within one to two business days; expect to confirm tax residency (W-9 for US persons) before your first deposit settles.

Fidelity Contrafund (FCNTX) vs American Funds American Balanced (ABALX)

Fidelity Contrafund (FCNTX) and American Funds American Balanced (ABALX) both sit inside the mutual funds category and target similar users. The fastest way to choose is to open the side-by-side compare tool — fees, regulation and feature differences are surfaced row by row instead of summarised in prose.

Fidelity Contrafund (FCNTX) pros and cons

The strongest arguments for Fidelity Contrafund (FCNTX) are easy automation of contributions and wide availability inside retirement accounts. The trade-offs to weigh are trades only at end-of-day nav and some funds carry sales loads or 12b-1 fees. Read the Reviews tab for what verified users actually report after using it.

Before you decide, read these MoneyMoodBoard guides

Alternatives to consider

These are the closest peers to Fidelity Contrafund (FCNTX) inside the mutual funds category on MoneyMoodBoard. Open any card to compare fees, features, regulation and verified user reviews side by side, or add them to the compare tray to evaluate up to four together.

Sources for Fidelity Contrafund (FCNTX)

All numeric values, regulatory statuses and license details on this page reference primary sources above. Verify before depositing funds — schedules and registrations change without notice.