Founded over four decades ago, Fidelity Investments is one of
the world's largest mutual fund companies. With over $1.5
trillion of assets under management, it offers a wide variety of
mutual funds and provides fund distribution, investment advice
and discount brokerage services. Among its other operations, it
offers retirement services, wealth management, securities
execution and clearance and life insurance products. Fidelity
bases its investment decisions on rigorous research and believes
its greatest strength is an unrivalled global team of nearly 1000
investment professionals.
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 Leveraged Company Stock A
(FLSAX) seeks capital growth. The fund 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 24.57% over the last one
year period.
Thomas T. Soviero is the fund manager and he has managed this
Fidelity mutual fund since September 2003.
Fidelity Equity-Income
As of November 2012, this Fidelity mutual fund held 301 issues,
with 3.42% of its total assets invested in JPMorgan Chase &
Co.
Fidelity International Discovery
(FIGRX) seeks capital appreciation over the long term. The fund
focuses on purchasing foreign securities and invests in common
stock. It invests in different countries as well as regions and
selects investments by conducting a fundamental analysis of each
issuer. The fund returned 15.71 % over the last one year
period.
The Fidelity mutual fund has a minimum initial investment of
$2,500 and an expense ratio of 0.98% compared to a category
average of 1.30%.
Fidelity Advisor Health Care A
(FACDX) focuses on acquiring common stock. It invests the
majority of its assets in companies whose principal operations
are related to the design, manufacture or sale of products or
services for health care or medicine. The fund returned 22.43%
over the last one year period.
Edward Lee Yoon is the fund manager and he has managed this
Fidelity mutual fund since September 2008.
Fidelity New Markets Income
(FNMIX) seeks high current income. The fund 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 20.21% 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 1.25%.
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
View All Zacks #1 Ranked Mutual Funds
(FACDX): ETF Research Reports
(FIGRX): ETF Research Reports
(FLSAX): ETF Research Reports
(FNMIX): ETF Research Reports
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