On the island from which I write, half of the shoreline is chafed by the broad sweep of the unforgiving Atlantic, while the other half looks longingly across the aptly named Buzzards Bay. Literally nestled between a rock and a hard place, the island’s harbor shelters ships, both business and pleasure. The harbor’s social epicenter is the fishing dock, where all walks of islanders and mainlanders gather—even on full moon tides when the elevated docks might go under water. The highs and lows of summer tides are extreme, but run like clock work. Editor's note: The new zero-cost index funds... Read more
Summer doldrums find little new news to note—that’s good news in my book. Still, it means we have to look to the recent factual past to glean where, in theory, we may be heading in the near-term future.... Read more
Ship stability is the key aspect of naval architecture that addresses how a ship behaves in calm and frenzied seas. Ship stability extends from the ship itself to its functions, ensuring that if there is proper placement of cargo in and on a hull, safe passage rather than turning turtle will ensue. Is a ship of state any different? FSI’s portfolios are designed with stability in its algorithms’ mindset, delivering balanced transport and gainful passage no matter the sea state.... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | 9.2% | 13.1% |
| Growth | 3.9% | 10.3% |
| Growth & Income | 2.6% | 8.9% |
| Income | 0.5% | 5.9% |
| Annuity Growth | 5.9% | 8.6% |
| Annuity Growth & Income | 4.7% | 7.6% |
| S&P 500 | 6.5% | 13.1% |
| Fidelity Investor Index | 3.8% | 7.1% |
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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