When it comes to investing, the seven best Fidelity Mutual Funds are the Fidelity Select Technology Fund, Fidelity Contrafund, Fidelity 500 Index Fund, Fidelity Total Market Index Fund, Fidelity Growth Company Fund, Fidelity International Index Fund, and Fidelity Balanced Fund. Each of these mutual funds offers investors a chance to diversify their portfolios and benefit from long-term growth potential. The Fidelity Select Technology Fund is specifically designed to take advantage of technology investments while the Fidelity Contrafund is actively managed to seek capital appreciation. On the other hand, the Fidelity 500 Index Fund, Fidelity Total Market Index Fund, and Fidelity International Index Fund offer investors exposure to the entire U.S. stock market, international stock markets, and the total stock market, respectively. Lastly, the Fidelity Balanced Fund is a blend of stocks and bonds, providing investors with a balanced investment option for long-term growth.
Fidelity Contrafund (FCNTX): Large-Cap Growth
Fidelity Contrafund (FCNTX) is a large-cap growth mutual fund that seeks to provide investors with long-term capital appreciation and income. The fund invests primarily in large, well-established companies that have the potential for above-average growth. It has a proven track record of strong performance and has been managed by the same team since its inception in 1992. The fund’s portfolio is diversified across sectors and industries, and its expense ratio is relatively low. With its blend of growth and income potential, FCNTX is an attractive option for investors seeking a well-rounded fund with strong long-term potential.
Fidelity Blue Chip Growth Fund (FBGRX): Large-Cap Growth
The Fidelity Blue Chip Growth Fund (FBGRX) is a large-cap growth fund which focuses on investing in blue-chip stocks with the potential for long-term growth. This fund has a long track record of success, having delivered a 10-year return of 11.4% as of April 2020. This fund is diversified across many large-cap stocks, with a heavy concentration in the technology and healthcare sectors. This fund is managed by seasoned professionals who have a deep understanding of their investments and the markets in which they operate. It is ideal for long-term investors looking for a stable, diversified portfolio with the potential for strong returns.
Fidelity Freedom Index 2045 Fund (FFVFX): Target-Date Retirement Fund
The Fidelity Freedom Index 2045 Fund (FFVFX) is a target-date retirement fund designed to help investors plan for their long-term retirement goals. This fund is composed of a diversified mix of investments that are intended to appreciate over time. The fund is managed to be conservatively balanced, with the majority of its holdings in stocks, bonds, and cash equivalents. The fund is designed to become more conservative as the target date approaches, with an increasing allocation to fixed income and cash. The fund’s manager actively monitors the markets and makes adjustments as needed to help ensure it is meeting its goals. This fund is ideal for those who are looking to plan for their retirement and are looking for a long-term, diversified investment option.
Fidelity International Growth Fund (FIGFX): International Growth
The Fidelity International Growth Fund (FIGFX) is an excellent option for investors looking to diversify their portfolios and invest in international markets. The fund offers exposure to a variety of growth stocks from around the world and has a long track record of solid performance. The fund has a low expense ratio, making it cost-effective for investors. Additionally, the fund is managed by experienced portfolio managers who specialize in international investments and have a deep understanding of the global markets. With the Fidelity International Growth Fund (FIGFX), investors can access exciting opportunities in international markets with a reliable and cost-effective fund.
Fidelity Strategic Dividend & Income Fund (FSDIX): Income-Oriented
The Fidelity Strategic Dividend & Income Fund (FSDIX) is an income-oriented fund designed to provide investors with a steady stream of dividend and income payments. The fund invests heavily in stocks and other securities that pay regular dividends, allowing investors to benefit from the income stream produced. The fund also has exposure to higher-yielding bonds and other fixed-income securities, giving investors a balanced portfolio of income-generating investments. In addition, the fund has a diversified selection of holdings across many sectors, allowing for greater diversification and a steady return on investments. The Fidelity Strategic Dividend & Income Fund is a great choice for investors looking for a steady income stream.
Fidelity Low-Priced Stock Fund (FLPSX): Small-Cap Value
The Fidelity Low-Priced Stock Fund (FLPSX) is a great option for investors looking to diversify their portfolio with a small-cap value fund. This fund invests in smaller companies that are typically undervalued and have potential for long-term growth. The fund is managed by Fidelity’s experienced and knowledgeable team of professional portfolio managers that use their knowledge of markets and analysis to determine the best investments. The fund has a strong track record of performance and has delivered above-average returns over the long run. With low fees, a diverse portfolio, and experienced management, the Fidelity Low-Priced Stock Fund is an excellent choice for those looking for a small-cap value fund.
Fidelity Select Technology Fund (FSPTX): Technology Sector
The Fidelity Select Technology Fund (FSPTX) is a mutual fund designed to invest in businesses related to the technology sector. This fund is a great choice for investors looking to gain exposure to the quickly-growing technology industry. The fund primarily focuses on investing in companies in the technology industry that are located in the United States, but may also invest in companies located in other countries. FSPTX invests in companies that are developing and producing products and services related to computer software, hardware, semiconductors, communication equipment, and other related technology industries. Investors should be aware that the fund is subject to market risk, and the performance of the fund may vary significantly depending on the performance of the technology sector.
Leave a Comment