Seasonal trends are perhaps best characterized as “patterns,” since they can have all the clarity of an impressionist painting—the pattern is far from picture-perfect in terms of the repeatability and reliability of its returns.... Read more
Twelve days away from the election and our old friends, Russia and Iran, are up to their usual bag of election meddling tricks. Tonight, we have the last presidential debate where the mute button could be the unequivocal winner. There’s also an ongoing Supreme Court and stimulus debate, too.... Read more
We remain in slow recovery, not no recovery mode—with signs of slow recovery slowing here and elsewhere; signs that are being read and heeded by our Fed and its global equivalents in a manner that has them collectively calling for more and more stimulus.... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | 3.0% | 12.3% |
| Global Quant Income | 4.2% | N/A |
| Growth | 9.5% | 10.9% |
| Factor+ | N/A | N/A |
| Growth & Income | 1.5% | 7.9% |
| Income | -1.4% | 4.7% |
| Annuity Growth | 6.5% | 10.4% |
| Annuity Growth & Income | 3.9% | 8.8% |
| S&P 500 | 5.6% | 14.2% |
| Fidelity Investor Index | 5.1% | 8.2% |
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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