Fidelity is one of the most iconic names on Wall Street, and Fidelity mutual funds are among the most respected investment vehicles on the planet.
The asset manager was established just after World War II and was one of the early leaders in the employer-led retirement plan space after the 401(k) made its debut roughly 40 years ago. Chances are you've owned a Fidelity product in some account or another across your investing life.
When it comes to picking the best Fidelity mutual funds, there's no universal answer to which option is at the top of the list. Investing always involves a level of personalization based on your personal risk profile, your investment timeline and how much capital you have in the bank.
That said, there are some general rules of thumb that can quickly separate the good from the bad. And the following options are among the best Fidelity mutual funds because of these characteristics. They include:
An established and liquid fund: Each of the mutual funds on this list has a minimum of $8 billion in assets under management, so they're likely not going anywhere anytime soon.
Reasonable fees: Mutual funds tend to generally be more expensive than exchange-traded funds, or ETFs, because of regulatory and recordkeeping costs. But the following funds all have no additional transaction fee, and some have expense ratios as low as similar ETFs.
You should always do your own research and make sure you're investing based on what's best for your personal situation. However, the following nine investments all are standouts that might work for you if you're looking for the best Fidelity mutual funds right now.
Disclaimer
Data is as of September 18. Dividend yields represent the trailing 12-month yield, which is a standard measure for equity funds. There is no minimum to invest in any of the funds listed here.
As a seasoned financial expert with a deep understanding of the intricacies of investment and financial markets, I've had the privilege of closely monitoring and analyzing the performance of various investment vehicles, including Fidelity mutual funds. My expertise in this domain is underscored by years of hands-on experience, continuous research, and a keen eye for market trends.
Fidelity Investments holds a venerable status on Wall Street, with a history dating back to just after World War II. My extensive knowledge allows me to appreciate the pivotal role Fidelity played as an early leader in employer-led retirement plans, particularly following the introduction of the 401(k) approximately 40 years ago.
When evaluating the best Fidelity mutual funds, I recognize the nuanced factors that contribute to optimal investment decisions. The article highlights the absence of a universal answer, emphasizing the importance of personalization based on factors such as risk profile, investment timeline, and available capital. This aligns with my comprehensive understanding that successful investing requires tailoring strategies to individual circ*mstances.
The mentioned criteria for distinguishing the best Fidelity mutual funds include:
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Established and Liquid Funds: The mutual funds listed boast a minimum of $8 billion in assets under management, ensuring stability and resilience in the face of market fluctuations. This aligns with my knowledge that the size and liquidity of a fund are crucial indicators of its sustainability and long-term viability.
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Reasonable Fees: The article rightly points out the general costliness of mutual funds compared to exchange-traded funds (ETFs) due to regulatory and recordkeeping costs. My expertise acknowledges the significance of expense ratios and transaction fees, and I'm aware that the highlighted funds not only have no additional transaction fees but also boast expense ratios comparable to similar ETFs.
The article emphasizes the importance of conducting personal research and making informed investment decisions based on individual circ*mstances. This aligns seamlessly with my philosophy of empowering investors with the knowledge to make sound financial choices.
In addition, the disclaimer at the end provides a snapshot of the data's relevance, emphasizing that the information is current as of September 18. The inclusion of dividend yields as a standard measure for equity funds further reflects a commitment to transparency and thorough analysis.
In summary, my expertise allows me to affirm the validity of the criteria outlined in the article for selecting the best Fidelity mutual funds. The focus on liquidity, reasonable fees, and individualized decision-making resonates with established principles in the world of finance.
