We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Fidelity Investments is one of the largest and oldest mutual fund companies in the world. The company serves more than 24 million individual customers. As of Dec 31, 2015, Fidelity had total assets of $5.2 trillion with $2.1 trillion under management. Fidelity Investments carries out operations 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 provides investment 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.
Fidelity Select Software & IT Services Portfolio (FSCSX - Free Report) invests a major portion of its assets in companies whose primary operations are related to software or information-based services. FSCSX primarily focuses on acquiring common stocks of both domestic and foreign companies. FSCSX uses fundamental analysis to select companies for investment purposes. Fidelity Select Software & IT Services Portfolio has a three-year annualized return of 15.9%.
FSCSX has an expense ratio of 0.76% as compared to a category average of 1.51%.
Fidelity Strategic Dividend & Income (FSDIX - Free Report) seeks reasonable income. FSDIX invests a large portion of its assets in equity securities. FSDIX invests half of its assets in common stocks, 15% in REITs, 15% in convertible securities and the rest in preferred stocks. FSDIX invests in both domestic and foreign issuers. Fidelity Strategic Dividend & Income has a three-year annualized return of 8.8%.
As of June 2016, FSDIX held 301 issues with 3.32% of its assets invested in Johnson & Johnson.
Fidelity Select Gold (FSAGX - Free Report) invests heavily in companies whose principal operations are related to gold as well as in bullion or coins. A maximum of 25% of FSAGX’s assets are invested in precious metals via a wholly owned subsidiary. FSAGX focuses on acquiring common stocks of firms involved in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver and other precious metals. Fidelity Select Gold has a three-year annualized return of 11.1%.
Joe Wickwire is the fund manager of FSAGX since 2007.
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. Pick the best mutual funds with the Zacks Rank.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
3 Best-Ranked Fidelity Mutual Funds to Buy Now
Fidelity Investments is one of the largest and oldest mutual fund companies in the world. The company serves more than 24 million individual customers. As of Dec 31, 2015, Fidelity had total assets of $5.2 trillion with $2.1 trillion under management. Fidelity Investments carries out operations 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 provides investment 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 three top-ranked Fidelity mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Fidelity funds, their Zacks Rank and past performance.
Fidelity Select Software & IT Services Portfolio (FSCSX - Free Report) invests a major portion of its assets in companies whose primary operations are related to software or information-based services. FSCSX primarily focuses on acquiring common stocks of both domestic and foreign companies. FSCSX uses fundamental analysis to select companies for investment purposes. Fidelity Select Software & IT Services Portfolio has a three-year annualized return of 15.9%.
FSCSX has an expense ratio of 0.76% as compared to a category average of 1.51%.
Fidelity Strategic Dividend & Income (FSDIX - Free Report) seeks reasonable income. FSDIX invests a large portion of its assets in equity securities. FSDIX invests half of its assets in common stocks, 15% in REITs, 15% in convertible securities and the rest in preferred stocks. FSDIX invests in both domestic and foreign issuers. Fidelity Strategic Dividend & Income has a three-year annualized return of 8.8%.
As of June 2016, FSDIX held 301 issues with 3.32% of its assets invested in Johnson & Johnson.
Fidelity Select Gold (FSAGX - Free Report) invests heavily in companies whose principal operations are related to gold as well as in bullion or coins. A maximum of 25% of FSAGX’s assets are invested in precious metals via a wholly owned subsidiary. FSAGX focuses on acquiring common stocks of firms involved in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver and other precious metals. Fidelity Select Gold has a three-year annualized return of 11.1%.
Joe Wickwire is the fund manager of FSAGX since 2007.
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. Pick the best mutual funds with the Zacks Rank.