Imagine if you will that these two frigates are not firing broadsides into one another but are both aiming to destroy an invisible enemy that has come between them and their intended commerce.... Read more
This week, as if we needed reminding, we saw that what happens in China doesn’t stay in China. (I’ll have more to say on this in your forthcoming October issue, too.) In short, we saw a company squall become a market storm front… for good reasons.... Read more
Have we reached peak inflation? Peak COVID fears? Peak Markets? In addition to those questions, there’s plenty of issues to think through, but nothing on this week’s docket suggests there’s a major momentum or market trend breakdown or breakthrough.... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | 11.5% | 14.9% |
| Global Quant Income | 1.8% | N/A |
| Growth | 12.2% | 13.4% |
| ESG Growth | N/A | N/A |
| Factor+ | 11.6% | N/A |
| Growth & Income | 12.8% | 9.6% |
| Income | 5.0% | 4.6% |
| Annuity Growth | 10.3% | 12.9% |
| Annuity Growth & Income | 9.3% | 10.7% |
| S&P 500 | 21.7% | 18.0% |
| Fidelity Investor Index | 14.0% | 12.2% |
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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