In order to put this month’s, the past year’s and the past 10 years’ nonstop onslaught of event-driven fears into perspective, I’ve decided to turn this February Issue into a graphic novel or, more to the factual point, take a novel, graphic approach. Herein, you’ll find what I’m calling The Book of Dread—a decade’s worth of market moving events laid out and charted against what turned out to be the market’s inexorable, record rise. To capture and encompass a decade’s worth of known risks and (in hindsight) real opportunities makes this issue one for both Fidelity Investor’s and the market’s... Read more
Today, I woke up to the 10-year treasury yield in record low territory (1.28%)—reflective of investors looking for a return of their money, not on it. Gold continues to march higher. Markets continue to trade and trend lower. The driver? Fear.... Read more
The outbreak of coronavirus (now officially dubbed COVID-19) has thrown a wrench into all economic and earnings assumptions and predictions of and for volatility this year. And while this wrench hasn’t led to a breakdown of this bull-market engine, we did see a sputter of increased volatility in January that flattened broad equity gains for the month and is likely to malinger longer than is currently priced in.... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | -1.6% | 10.6% |
| Global Quant Income | 1.1% | N/A |
| Growth | -0.4% | 8.2% |
| Growth & Income | -0.5% | 7.0% |
| Income | 0.5% | 4.7% |
| Annuity Growth | 0.4% | 8.3% |
| Annuity Growth & Income | 0.4% | 7.4% |
| S&P 500 | 0.0% | 12.4% |
| Fidelity Investor Index | 0.2% | 6.8% |
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.
Learn more