3 Notable Fidelity Mutual Funds For Impressive Returns


Fidelity has huge mutual fund assets under management and a wide range of funds spanning a huge range of sectors. Fidelity Investments is one of the largest and oldest mutual fund companies in the world. It offers its clients investment advice, discount brokerage services, retirement planning, asset management, securities settlement, as well as clearing and life insurance products.

At Fidelity Investments, a large group of investment professionals conduct extensive and thorough research to identify potential investment opportunities around the world. Fidelity had assets under management of approximately $ 11.1 trillion as of June 30, 2021. The company manages more than 504 mutual funds in a wide range of categories including domestic and overseas funds, as well as equity and pension funds.

Below we introduce you to three first-class mutual funds from Fidelity. Everyone has earned a Zacks Mutual Fund Rank # 1 (Strong Buy) and is expected to outperform their competitors in the future. Investors can click here for the full list of funds.

Fidelity Select software and IT services portfolio FSCSX invests the majority of its assets in companies whose main business activity is related to software or information-based services. Its main focus is on acquiring common stock in domestic and overseas companies. The FSCSX has an annualized three-year return of 25.2%.

At the end of August 2021, FSCSX held 69 issues, with 24.9% of its assets in Microsoft Corp. were invested.

Fidelity Value Discovery Fund Class K FVDKX seeks capital appreciation. The Fund invests the majority of its assets in common stocks of companies that are undervalued in the market in terms of assets, sales, earnings, growth potential or cash flow, or in relation to the securities of other companies in the same industry. FVDKX has returned 11.1% over the past three years.

Sean Gavin has been the fund manager of the FVDKX since 2012.

Fidelity Series Blue Chip Growth Fund The FSBDX aims for long-term capital appreciation. The fund invests primarily in blue chip companies, which typically have large or medium market capitalizations. It has a three-year annualized return of 29.1%.

FSBDX has an expense ratio of 0.00% versus the category average of 0.99%.

To view the Zacks rank and past performance of all Fidelity mutual funds, investors can click here for the full list of funds.

Would you like important mutual fund information delivered straight to your inbox?

The free fund newsletter from Zacks informs you every week about top news and analyzes as well as about the best performing investment funds. Get it for Free >>

Breakout biotech stocks with three-digit earnings potential

The biotech sector is projected to surge to over $ 2.4 trillion by 2028 as scientists develop treatments for thousands of diseases. They are also finding ways to manipulate the human genome to literally eliminate our susceptibility to these diseases.

Zacks just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors take advantage of 7 stocks that are ready to outperform. Recommendations from previous editions of this report achieved increases of + 205%, + 258% and + 477%. The stocks in this report could do even better.

Now Check Out These 7 Breakthrough Stocks >>

Click here to get this free report

Get Your Free (FSCSX): Fund Analysis Report

Get Your Free (FVDKX): Fund Analysis Report

Get Your Free (FSBDX): Fund Analysis Report

To read this article on Zacks.com, click here.

Zacks Investment Research

Would you like the latest recommendations from Zacks Investment Research? Today you can download the 7 best stocks for the next 30 days. Click here to get this free report

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


Comments are closed.