In your June Issue, I’ll delve into inflationary fears, U.S.-China trade relations, the health of our recovery and the risks of reopening, which are dealing a difficult hand for many countries beyond our pale. And as announced in your May Issue and subsequent Hotlines, FI’s newest portfolio, ESG Growth, had its official and effective launch on May 28.... Read more
For the economy and markets here and globally, the macro trend remains unchanged: Vaccination success dictates the pace, rate, kind and quality of recovery here, there and everywhere.... Read more
It’s not that I’m twiddling my thumbs… But so far, June has failed to deliver any major disruption to macro or micro trends.... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | 6.9% | 14.9% |
| Global Quant Income | -0.5% | N/A |
| Growth | 8.1% | 13.2% |
| Factor+ | 7.4% | N/A |
| Growth & Income | 6.7% | 9.2% |
| Income | 2.7% | 4.9% |
| Annuity Growth | 5.6% | 12.4% |
| Annuity Growth & Income | 4.3% | 10.2% |
| S&P 500 | 12.6% | 17.2% |
| Fidelity Investor Index | 6.7% | 10.4% |
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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