By Dylan Emery Fidelity Funds American Growth is a theme-driven fund investing primarily in small t...
By Dylan Emery Fidelity Funds American Growth is a theme-driven fund investing primarily in small to mid-cap stocks. Neal Miller, the fund manager, tries to identify trends in a wide variety of sectors before the investment community hears about them. Adam Smears, analyst for the fund, said: "He cannot just go through brokers' research because those ideas are already in the market. He needs to use alternative methods to find out what is going on. It is a very personality-oriented fund. It is very much Miller's fund." There are three phases Miller uses in choosing stocks. The first is id...
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