With over $1.5 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. To view the Zacks Rank and past performance of all Fidelity funds, investors can click here to see the complete list of funds.
Fidelity Advisor Small Cap A (FSCDX) invests the majority of its assets in small cap companies. These firms must have market capitalizations identical to included in the Russell 2000 Index or the S&P SmallCap 600 index. It purchases in both domestic and foreign securities and may invest in growth or value stocks or both. The fund returned 16.62% in the last one year period.
Fidelity Value Strategies (FSLSX) seeks capital growth. The fund focuses on acquiring common stocks. It invests in stocks that are attractively priced relative to their intrinsic value. It primarily invests in mid-cap companies. The fund returned 35.43% in the last one year period.
The Fidelity mutual fund has a minimum initial investment of $2,500 and an expense ratio of 0.88% compared to a category average of 1.27%.
Fidelity Real Estate Investment (FRESX) invests predominantly in common stock of both domestic and foreign companies primarily in the real estate industry. It follows a fundamental top-down stock picking technique by an in-depth analysis of the economy, industry and company (:EIC) specific factors. The fund returned 34.25% in the last one year period
As of September 2012, this Fidelity mutual fund held 51 issues, with 11.73% of its total assets invested in Simon Property Group Inc.
Fidelity Advisor Latin America A (FLFAX) seeks capital appreciation over the long term. The fund utilizes a large share of its assets to purchase securities issued from Latin America. A maximum of 35% of its assets are invested in any industry which makes up more than 20% of the Latin American market. The fund returned 10.1% in the last one year period
Adam Kutas is the fund manager and he has managed this Fidelity mutual fund since October 2005.
Fidelity New Markets Income (FNMIX) invests the majority of its assets in emerging market securities and other instruments related to such markets. It is a non diversified fund and may also invest in other instruments. The fund returned 21.8% in the last one year period
The Fidelity mutual fund has a minimum initial investment of $2,500 and an expense ratio of 0.86% compared to a category average of 1.26%.
To view the Zacks Rank and past performance of all Fidelity mutual funds, investors can click here to see the complete list of funds.
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.
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