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5 Top-Rated Fidelity Mutual Funds to Buy Now

Fidelity Investments is one of the largest and oldest mutual fund companies in the world. According to Morningstar, the company has $1.5 trillion (excluding money market assets) of assets allocated around a wide range of mutual funds spanning a broad spectrum of sectors. Fidelity Investments carries out operation in the U.S. through 10 regional offices and over 180 Investor Centers. It also has its presence in eight other countries of North America, Europe, Asia and Australia.

The company providesinvestment advice discount brokerage services, retirement services, wealth management services, securities execution and clearance and life insurance products to its clients. At Fidelity, a large group of investment professionals carry out extensive and in-depth research on potential investment avenues worldwide.

Below we share with you 5 top-ranked Fidelity mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all Fidelity mutual funds, investors can click here to see the complete list of Fidelity funds .

Fidelity Select Retailing Portfolio ( FSRPX ) seeks growth of capital. FSRPX invests a large chunk of its assets in securities of firms involved in merchandising finished goods and services to consumers. FSRPX focuses on acquiring common stocks of companies throughout the globe. Factors including financial strength and economic condition are considered before investing in a company. The Fidelity Select Retailing Portfolio is a non-diversified fund and has returned 15.5% in the year-to-date frame.

Deena Friedman is the fund manager of FSRPX since 2014.

Fidelity Select IT Services Portfolio ( FBSOX ) invests the lion's share of its assets in common stocks of companies that provide information technology services. FSBOX invests in securities of both U.S. and non-U.S. firms. While selecting investments, FSBOX uses fundamental analysis of factors looking into the issuer's financial condition and industry position along with the economic and market environment. The Fidelity Select IT Services Portfolio is a non-diversified fund and has returned 14.8% in the year-to-date frame.

FBSOX has an expense ratio of 0.81% as compared to category average of 1.43%.

Fidelity Japan Smaller Companies ( FJSCX ) seeks capital appreciation over the long term. It invests most of its assets in Japanese securities or other instruments economically connected with Japan. FJSCX invests in securities of companies with market cap similar to those listed in Russell/Nomura Mid-Small Cap Index or the Japanese Association of Securities Dealers Automated Quotations (JASDAQ) Index. FJSCX may also invest in securities of the large-cap Japanese firms. The Fidelity Japan Smaller Companies fund has returned 9.9% in the year-to-date frame.

As of July 2015, FJSCX held 100 issues with 1.94% of its assets invested in Daiichikosho Co Ltd.

Fidelity International Small Cap Opportunities ( FSCOX ) invests the majority of its assets in small cap companies located outside the U.S., including those from emerging countries. FSCOX emphasizes investing in common stocks of companies with market capitalization below $ 5 billion. FSCOX invests in securities issued in different countries. The Fidelity International Small Cap Opportunities fund has returned 8% in the year-to-date frame.

Jed Weiss is the fund manager of FSCOX since 2008.

Fidelity Select Medical Delivery Portfolio ( FSHCX ) seeks long-term capital growth. FSHCX invests largely in companies that either own or are involved in operating hospital and nursing homes, and are related to the healthcare services sector. FSHCX focuses on acquiring common stocks of issuers all over the world. The Fidelity Select Medical Delivery Portfolio is a non-diversified fund and has returned 7.9% in the year-to-date frame.

FSHCX has an expense ratio of 0.79% as compared to the category average of 1.33%.

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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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