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
Below we will share with you 5 top rated Fidelity mutual
funds. Each has earned a
(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
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
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
View All Zacks #1 Ranked Mutual Funds
Get Your Free (FBIOX): Fund Analysis Report
Get Your Free (FHKCX): Fund Analysis Report
Get Your Free (FLCSX): Fund Analysis Report
Get Your Free (FLSAX): Fund Analysis Report
Get Your Free (FSAGX): Fund Analysis Report
To read this article on Zacks.com click here.