Earlier this year, I began to inform you about an ironic shift in my view of investing in China. The irony was not that my view changed from absolute avoidance to potential pursuit. The irony was that the more I thought about how China was reverting to the more extreme ways of its communist past, the more I began to think about market opportunities that could emerge in what is still, inarguably, a problematically unfree place. In this month's Fidelity Investor issue, I will discuss in much more detail why I’m changing my stance on investing in China and the... Read more
Overall, as noted last week, this week has been light on reports—home sales, FOMC minutes, jobless claims, (tomorrow) durable goods—leaving global markets hemming and hawing on U.S.-China trade talk conjecture.... Read more
Thanks in no small part to some tornadic tweets, in little more than one week's time, we have shifted from a high probability of an optical trade deal between the U.S. and China to a higher probability for a protracted back-and-forth between the two superpowers and their respective super-economies. So, once again, we need to ask, "Where do the market risks lie at this point amid U.S.-China negotiations?"... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | 15.6% | 10.3% |
| Growth | 12.1% | 7.8% |
| Growth & Income | 8.8% | 6.8% |
| Income | 6.6% | 4.8% |
| Annuity Growth | 15.2% | 7.1% |
| Annuity Growth & Income | 12.6 | 6.3% |
| S&P 500 | 18.2% | 11.6% |
| Fidelity Investor Index | 11.3% | 6.2% |
A high correlation between funds may mean that your portfolio of funds is not as diverse as you might want it to be. While other tools may compare funds only to the S&P 500, you can use this tool to determine how closely the performance of one Fidelity fund tracks that of any other Fidelity fund. Compare all the funds that you own. To diversify, look for funds that have low correlation with one another.
Jim Lowell is Editor-in-Chief of the award-winning independent newsletters Fidelity Investor and Fidelity Sector Investor. Through his newsletters, Jim advises individual investors seeking superior performance from their Fidelity investments. He has also written several books on investing, Investing from Scratch (revised edition, Penguin, 2006) and What Every Fidelity Investor Needs to Know (Wiley, 2007) among them. Read more
Jim Lowell adheres to the Cardinal Rule of Mutual Fund Investing: Buy the manager! He makes sure his subscribers, also known as “Fidelity’s Fortunate Few,” are protected and invested in Fidelity’s best funds.
Learn moreThese long-term sector investments are selected based on Jim’s proprietary Fidelity Sector Investor fund-scoring system and set to deliver big profits.
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