"Investing in dividend-paying stocks is one way to make your money work for you. As companies grow, they generate a higher profit and share a part of the profit with the shareholders as a cash dividend. However, stocks do carry risk, and there's no guarantee that a company will pay a dividend. Hence, if you're looking for a low-risk, low-cost way to make your money work for you, consider investing in exchange-traded funds (ETFs)."
"FBCG has the highest investment in the information technology sector at 48% and holds the biggest tech giants in the top 10. These include Nvidia, Microsoft Corporation, Netflix, Meta Platforms, Apple, and Alphabet. The top 10 stocks form 61% of the portfolio. The tech industry is rallying, and this is why FBCG has managed to generate impressive returns. As long as the tech sector continues to grow, the ETF will keep rising."
Dividend-paying stocks return cash to shareholders as companies grow, but individual stocks carry risk and dividends are not guaranteed. ETFs provide a lower-cost, lower-risk way to invest broadly across securities. Fidelity offers a diverse range of ETFs with a strong reputation. Fidelity Blue Chip Growth ETF ( FBCG) is actively managed and targets large-cap, high-growth U.S. blue-chip companies. FBCG holds 373 stocks, an expense ratio of 0.61%, and a heavy 48% weighting in information technology. Top holdings include Nvidia, Microsoft, Netflix, Meta, Apple, and Alphabet; the top 10 comprise 61% of the portfolio. FBCG has produced strong recent returns but remains tech-concentrated and carries a higher expense ratio.
Read at 24/7 Wall St.
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