|Expense Ratio (net)||0.85%|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Below Average|
|Beta (5Y Monthly)||1.01|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||May 16, 1967|
Investment portfolio diversification is right up there with motherhood and apple pie. The reason for this particular discussion about diversification is that a number of large actively-managed mutual funds are currently making outsized bets on just a few prominent stocks. Consider four of the largest actively managed U.S. stock funds at mutual-fund giant Fidelity Investments: Contrafund (FCNTX) ; Blue Chip Growth (FBGRX) ; OTC (FOCPX) , and Magellan (FMAGX) As you can see from the accompanying chart, their recent average allocation to five popular stocks — Alphabet (GOOGL)(GOOG) , Amazon.com (AMZN) , Apple (AAPL) , Facebook (FB) and Microsoft (MSFT) — was almost double the weight those stocks have in the S&P 500 (SPX) itself.
How good are the mutual funds in your 401(k) plan? Choose wisely, and you might sip café au lait as you celebrate your retirement on an around-the-world cruise. Choose unwisely, and you might have to settle for the local Starbucks.Every year, with the help of financial data firm BrightScope, which ranks 401(k) plans, we look at the 100 mutual funds with the most assets in 401(k) and other defined-contribution plans, including 403(b)s. To help you pick the best mutual funds for your 401(k), we analyze the actively managed funds among the 100 most popular options. Most of the funds are solid, some are standout and only a handful are disappointing. In the end, 30 funds, described below, won our seal of approval.We didn't weigh in on the index funds that rank high in employer-sponsored plan assets because the art of choosing a good index fund rests on three simple questions: Which index do you want to emulate? How well has the fund done in matching that index? How much does the fund charge? We have no problem with the index funds listed in the top 100.But assessing actively managed mutual funds is trickier. We analyzed each fund's long-term returns and year-by-year performance. We looked past raw results to examine each fund's volatility and how it fared in difficult markets. We also considered manager tenure and fees, among other factors.Here are the 30 best mutual funds for 401(k) retirement savers, plucked out of the nation's 100 most popular options. Some of these funds might not be available in your 401(k), and some might not be suitable for your personal situation. But each of these mutual funds stands out for their quality, making it a good choice for its respective category. SEE ALSO: The Berkshire Hathaway Portfolio: All 47 Buffett Stocks Explained
The days when successful mutual fund managers received the rock-star treatment are long gone. But when they did, many of them were busy helming the best Fidelity funds.These days, the Boston-based firm wins attention for other parts of its business - it launched the industry's first zero-fee index funds in 2018, for example. And yet, the firm's lineup of actively managed mutual funds still includes a slew of standouts run by long-tenured managers.Eighteen Fidelity funds are popular with retirement savers, according to the list of funds with the most 401(k) assets, provided by financial-data firm BrightScope. Seven are from the firm's Freedom target-date fund series, four are index funds and seven are actively managed.Here are some of the best Fidelity funds for your 401(k), as well as a couple popular options that don't make the cut. We will analyze the actively managed portfolios and the Freedom target-date funds, and rate them Buy, Sell or Hold. SEE ALSO: The 30 Best Mutual Funds in 401(k) Retirement Plans
Activision Blizzard, Inc. (NASDAQ: ATVI) is one of the largest interactive gaming companies in the world. The company is the result of a December 2007 merger between Blizzard Entertainment and Activision Publishing, two of the largest video game producers at the time of the acquisition. Activision Blizzard's business is broken into three segments — media, technology, and entertainment — with a robust portfolio of top-performing video game franchises.
Electronic Arts Inc. (NASDAQ: EA) is one of the largest creators and marketers of video games. Launched by Fidelity in May 1967, the Fidelity Contrafund is an actively managed large-cap growth fund that seeks long-term capital appreciation.
Facebook, Inc. (NASDAQ: FB) has established itself as the leading social media giant with a market capitalization of $418.18 billion as of October 29, 2018. When Facebook issued its initial public offering (IPO) on May 18, 2012, many mutual funds had already snapped up shares on the private market. Thereafter, these funds spread their shares of Facebook across many funds. Although Facebook's stock price has gone on a roller coaster ride, those funds that held on to shares benefited from its high growth rate.
Activision Blizzard, Inc. (NASDAQ: ATVI) is one of the largest interactive gaming companies in the world. It is the result of a merger between Blizzard Entertainment and Activision Publishing. Here are the top 5 mutual fund holders of Activision Blizzard: 1.
Facebook, Inc. (NASDAQ: FB) has established itself as the leading social media giant with a market capitalization of $486.99 billion as of July 30, 2018. When Facebook issued its initial public offering (IPO) on May 18, 2012, many mutual funds had already snapped up shares on the private market. Thereafter, these funds spread their shares of Facebook across many funds. Although Facebook's stock price has gone on a roller coaster ride, those funds that held on to shares benefited from its high growth rate.
Discover Salesforce.com's five largest mutual fund investors and learn why it is important that four of those funds are actively managed.