Zacks#1 Ranked Fidelity Mutual Funds - Best of Funds
2013年6月19日 - 1:11AM
Zacks
With over $1.67 trillion of assets under management and a wide
variety of mutual funds spanning across a wide spectrum of sectors,
Fidelity Investments is one of the largest mutual fund companies in
the world. The company provides investment advice, discount
brokerage services, retirement services, wealth management
services, securities execution and clearance and life insurance
products to its clients. At Fidelity, nearly 1000 investment
professionals carry out extensive and in-depth research to provide
potential investment avenues worldwide for their investors.
Below we will share with you 5 top rated Fidelity mutual funds.
Each has earned a Zacks #1 Rank (Strong Buy) as we expect these
mutual funds to outperform their peers in the future.
Fidelity Large Cap Stock (FLCSX) invests the majority of
its assets in companies whose market capitalizations are identical
to those which are part of the Russell 1000 Index or S&P 500.
The fund focuses on acquiring common stocks and invests in both
domestic and foreign companies. The fund returned 19.74% over the
last one year period.
The Fidelity mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 1.02% compared to a category average
of 1.11%.
Fidelity China Region (FHKCX) seeks long term capital
growth. The fund invests a large share of its assets in securities
issued from Hong Kong, Taiwan and China. It may invest a maximum of
35% of its assets in a sector which makes up more than 20% of the
Hong Kong, Taiwan and China market. The fund returned 15.81% over
the last one year period.
As of April 2013, this Fidelity mutual fund held 101 issues,
with 5.75% of its total assets invested in Taiwan Semiconductor
Manufacturing Co Ltd.
Fidelity Select Gold (FSAGX) invests heavily in companies
whose principal operations are related to gold as well as in gold
bullion or coins. A maximum of 25% of its assets are invested in
precious metals via a wholly owned subsidiary. The fund is
non-diversified and returned - -34.84% over the last one year
period.
Joe Wickwire is the fund manager and he has managed this
Fidelity mutual fund since August 2007.
Fidelity Select Biotechnology (FBIOX) seeks capital
growth. The fund invests the majority of its assets in
biotechnology companies as well as those seeking to benefit from
advances in the biotechnological sector. It focuses on acquiring
common stocks and may also purchases securities issued by foreign
companies. The fund returned 45.47% over the last one year
period.
The Fidelity mutual fund has an expense ratio of 0.83% compared
to a category average of 1.48%.
Fidelity Advisor Leveraged Company Stock A (FLSAX)
invests heavily in common stocks of leveraged companies. These are
firms which issue debt securities of lower quality as well as those
with leveraged capital structures. The fund returned 26.87% over
the last one year period.
Thomas T. Soviero is the fund manager and he has managed this
Fidelity mutual fund since 2003.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank at http://www.zacks.com/funds.
View All Zacks #1 Ranked Mutual Funds
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