2019’s first quarter gains were great in their own right, but cast in light of all that was coming unglued—from impeachment rhetoric, tariff war threats, collusion concerns, recession signals, to the Brexit snafu and more—the fact that those gains stuck was as close to a market miracle as we’re likely to get, which, by the way, doesn’t mean that I don’t think there aren’t more gains to be wrung from the domestic and global markets. I think there are. In this month's Fidelity Investor issue, I will reiterate my investment view, cover the known domestic and geopolitical mines between now... Read more
The slow growth road we’re on has both known risks (like slowing global growth), as well as potential event-driven risks, like today’s release of the Mueller report.... Read more
Mid-April finds us on the middling, muddy ground between a negotiated U.S.-China trade deal, a postponed Brexit, the release of the redacted but significantly more fulsome Mueller investigation's report amidst a gathering circus of contenders to be the next president (not the same thing as saying presidential contenders), but not stuck in anything like a recession's rut. I'll explain why in this month's Issue.... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | 11.7% | 9.2% |
| Growth | 9.8% | 7.2% |
| Growth & Income | 7.5% | 6.4% |
| Income | 5.6% | 4.5% |
| Annuity Growth | 11.9% | 6.4% |
| Annuity Growth & Income | 9.9% | 5.7% |
| S&P 500 | 13.6% | 10.9% |
| Fidelity Investor Index | 8.8% | 5.6% |
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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