Popular Mutual Funds
Fidelity Investments is one of the popular mutual fund providers. It has more than $1.3 trillion in assets. There are more than 430 funds to choose from. It also offers exchange traded funds, brokerage service, financial management, stocks, etc.
These best Fidelity mutual funds for 2013 are selected based on its performance history and transaction fee. These Fidelity fund don’t have a sales load and transaction fee. The funds are ranked with 5 star rating by Morningstar. You may find the fund review below and other fund information.
You can buy these funds for your retirement account (401k or IRA) and regular brokerage account. The minimum initial investment is typically $2,500.
Fidelity Funds
The 26 best Fidelity Mutual Funds 2013 are:- Fidelity GNMA Fund
- Fidelity Select Chemicals Fund
- Fidelity Select IT Services Fund
- Fidelity Select Materials Fund
- Fidelity Select Retailing Fund
- Fidelity Focused Stock Fund
- Fidelity Capital Appreciation Fund
- Fidelity Growth Company Fund
- Fidelity Select Biotechnology Fund
- Fidelity Small Cap Discovery Fund
- Fidelity Contrafund
- Fidelity Intermediate Municipal Income Fund
- Fidelity Floating Rate High Income Fund
- Fidelity Real Estate Income Fund
- Fidelity China Region Fund
- Fidelity Asset Manager 20% Fund
- Fidelity Low-Priced Stock Fund
- Fidelity Municipal Income Fund
- Fidelity Pennsylvania Municipal Income Fund
- Fidelity Select Defense & Aerospace Fund
- Fidelity Select Transportation Fund
- Fidelity Select Leisure Fund
- Fidelity Select Software & Computer Fund
- Fidelity Select Pharmaceuticals Fund
- Fidelity Strategic Dividend & Income Fund
- Fidelity Large Cap Core Enhanced Index Fund
Fidelity GNMA Fund (FGMNX)
Ranked with 5 stars rating, this Fidelity GNMA Fund uses its assets to buy assets in Ginnie Maes. Its benchmark is the Barclays GNMA Index. The fund managers are William Irving and Fanco Castagliuolo. The total assets are $10.9 billion. Its expense ratio is 0.45%. The yield is 2.38%. The fund’s shares price is valued at $11.72 (1/21/2013).Best Fidelity Mutual Funds 2012
Morningstar analysts are also ranked it with gold rating. The risk rating is below average. It has returned 5.55% over the past 3 year, 5.15% over the past decade. For 2012, its year to date return is 2.97%. You can buy this best Fidelity mutual fund 2013 with $2,500 initial investment. Past performance is as follows:
- Year 2012: 2.97%
- Year 2011: 7.91%
- Year 2010: 7.00%
- Year 2009: 6.92%
- Year 2008: 7.12%
Fidelity Capital Appreciation Fund (FDCAX)
Fidelity Capital Appreciation Fund is the top ranked large growth mutual fund. Its expense ratio is 0.95% per year. Its fund objective is to provide capital growth through investment in common stocks of foreign and domestic companies. The fund dividend yield is 0.56%. This best domestic stock fund is managed by J. Fergus Shiel since 2005.This best Fidelity mutual fund for 2013 has 1 year annualized return of 12.03%. The 10-year average return is 9.48%. As of January 2013, the top 5 stocks in its portfolio are Apple Inc, United Continental Holdings Inc, Amgen Inc, General Electric Co, and TJX Companies Inc. The top 3 major market sectors are consumer discretionary (30.60%), health care (13.22%), and industrials (12.75%).
Fidelity Municipal Income Fund (FHIGX)
Fidelity Municipal Income Fund is an NTF mutual fund. As the top Fidelity fund pick, it invests mainly in investment-grade municipal bonds whose interest is exempt from federal income tax. This muni national long mutual fund has yield of 3.53%. The total assets are $6.78 billion. It also has 0.46% expense ratio.You can buy this best Fidelity mutual fund 2013 from 63 brokerages. The minimum initial investment is $10,000. If you invest $10,000 in this fund 3 years ago, your fund would have grown to $12,286. The fund average effective duration is 7.12 years. Its average credit quality is A (investment grade).
As of January 2013, the top 5 bond sectors are State and Local General Obligation, Health, Education, Transportation, and Water & Sewer. It is also suitable for regular brokerage account hence there is no tax on the dividend yield.
Fidelity Small Cap Discovery Fund (FSCRX)
Fidelity Small Cap Discovery Fund is the top small blend mutual fund. It utilizes its assets to purchase stocks of small market capitalizations companies. It may invest in domestic and foreign stocks. Chuck Myers is the fund manager. This fund also has a dividend yield of 0.91%. Its total assets are $3.91 billion. The portfolio turnover rate is only 20%. The fund’s NAV is $25.35 (1/21/2013).Ranked with gold rating, it has YTD return of 24.03% in 2012. This best Fidelity mutual fund has returned 18.76% over the past 3 year, and 12.95% over the past decade. It is available to be purchased from 67 brokerages. The 3 year beta risk is 1.20.
Top 12 Small Cap Stock Mutual Funds 2012
As of January 2013, the top 6 holdings are Superior Energy Services Inc, TCF Financial Corporation, Berry Petroleum Co, HanesBrands Inc, Tech Data Corp, and Graftech International Ltd. The fund CUSIP number is 315912600.
Note: Fidelity Small Cap Discovery Fund is previously as Fidelity Small Cap Retirement Fund before August 2009.
Fidelity Select Retailing Fund (FSRPX)
Fidelity Select Retailing Portfolio fund is investing mostly in merchandising finished goods and services companies. It is managed by Peter Dixon. This best Fidelity mutual fund has no sales load. It also has $557 million of assets. Its expense ratio is only 0.88%. Its investment style is large growth.This best consumer cyclical mutual fund has 1 year average return of 12.39%. The top 3 stocks are Home Depot Inc, Amazon.com Inc, and Priceline.com Inc.
Disclosure: No Position
Fidelity Funds Information
| No | Name | Ticker | Category | Overall Rating | Risk | Assets (M) |
|---|---|---|---|---|---|---|
| 1 | Fidelity GNMA Fund | FGMNX | Intermediate Government | 5 | 2 | 10915.95 |
| 2 | Fidelity Select Chemicals | FSCHX | Natural Resource | 5 | 2 | 911.16 |
| 3 | Fidelity Select IT Services | FBSOX | Technology | 5 | 2 | 332.53 |
| 4 | Fidelity Select Materials | FSDPX | Natural Resource | 5 | 3 | 1059.97 |
| 5 | Fidelity Select Retailing | FSRPX | Consumer Cyclical | 5 | 3 | 556.74 |
| 6 | Fidelity Focused Stock | FTQGX | Large Growth | 5 | 3 | 605.38 |
| 7 | Fidelity Capital Appreciation | FDCAX | Large Growth | 5 | 4 | 4758.63 |
| 8 | Fidelity Growth Company | FDGRX | Large Growth | 5 | 4 | 22700.12 |
| 9 | Fidelity Select Biotechnology | FBIOX | Health | 5 | 4 | 2730.55 |
| 10 | Fidelity Small Cap Discovery | FSCRX | Small Blend | 5 | 4 | 3879.97 |
| 11 | Fidelity Contrafund | FCNTX | Large Growth | 4 | 1 | 58819.14 |
| 12 | Fidelity Intermediate Municipal Income | FLTMX | Muni National Interm | 4 | 1 | 4568.22 |
| 13 | Fidelity Floating Rate High Income | FFRHX | Bank Loan | 4 | 1 | 5825.36 |
| 14 | Fidelity Real Estate Income | FRIFX | Real Estate | 4 | 1 | 2613.25 |
| 15 | Fidelity China Region | FHKCX | China Region | 4 | 2 | 1424.62 |
| 16 | Fidelity Asset Manager 20% | FASIX | Conservative Allocation | 4 | 2 | 4735.69 |
| 17 | Fidelity Low-Priced Stock | FLPSX | Mid-Cap Blend | 4 | 2 | 23433.01 |
| 18 | Fidelity Municipal Income | FHIGX | Muni National Long | 4 | 2 | 6782.71 |
| 19 | Fidelity Pennsylvania Municipal Income | FPXTX | Muni Pennsylvania | 4 | 2 | 486.96 |
| 20 | Fidelity Select Defense & Aerospace | FSDAX | Industrials | 4 | 2 | 628.12 |
| 21 | Fidelity Select Transportation | FSRFX | Industrials | 4 | 2 | 167.53 |
| 22 | Fidelity Select Leisure | FDLSX | Consumer Cyclical | 4 | 2 | 335.17 |
| 23 | Fidelity Select Software & Computer | FSCSX | Technology | 4 | 2 | 1879.77 |
| 24 | Fidelity Select Pharmaceuticals | FPHAX | Health | 4 | 2 | 829.89 |
| 25 | Fidelity Strategic Dividend & Income | FSDIX | Large Value | 4 | 2 | 2238.28 |
| 26 | Fidelity Large Cap Core Enhanced Index | FLCEX | Large Blend | 4 | 2 | 242.4 |
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