Fidelity Water Sustainability Fund (FLOWX) (2024)

FAQs

Does Fidelity have a water ETF? ›

FLOWX - Fidelity ® Water Sustainability Fund | Fidelity Investments.

Making money on Fidelity involves leveraging investment strategies, financial planning, and utilizing the diverse range of investment options provided by the platform. One effective way to earn money on Fidelity is through investing in dividend stocks, which offer regular income payments based on the company's profits.

Our commitment to sustainable investing

Fidelity active sustainable funds prioritize one or more ESG factors in their fundamental research and investment disciplines.

We did the math—looking at history and simulating many potential outcomes—and landed on this: For a high degree of confidence that you can cover a consistent amount of expenses in retirement (i.e., it should work 90% of the time), aim to withdraw no more than 4% to 5% of your savings in the first year of retirement, ...

Fidelity Blue Chip Growth Fund (FBGRX)

One of Fidelity's top-performing funds, FBGRX is also one of its oldest. Dating back to 1987, FBGRX has managed to outperform the Russell 1000 Growth Index since inception, returning an annualized 12.9% versus 11.5%.

Water stocks are stocks of companies whose business is closely tied to irrigation, utilities, water treatment, or other water-related industries. One can invest in these by buying the stocks of individual companies, or by investing in a mutual fund or ETF with high exposure to water stocks.

Simply stated, there are no substitutes. This is why water, as an essential commodity, is a worthy investment focus for anyone with sustainability or longevity in mind for their portfolio.

Water might be an excellent long-term investment because of increasing global demand and limited supply. Companies in the water industry are likely to benefit from these trends, potentially yielding attractive returns for investors.

In most situations, you will find what you need at Fidelity. There are a few downsides. Fidelity does not offer cryptocurrency investing. The company is also missing some features found on other investment platforms, like futures trading and paper trading, where you can practice trading.

Fidelity also reported that the number of 401(k) accounts with balances of at least $1 million rose in the fourth quarter by 20%, to 422,000 accounts; and by 41% for the whole year. The average account balance for this group was $1,551,300 in the fourth quarter.

Are Fidelity funds worth it? ›

Fidelity has excellent investment platforms for active traders and investors of all types, including mobile, desktop, and the downloadable Active Trader Pro. In contrast with competitors, fees are negligible and many services and products are fee-free.

The success of ESG investing depends in some part on government policy. If legislators make a law which rewards ethical investing decisions, the funds can benefit greatly. A good example is policies which incentivise electric car purchases.

In some cases, ESG has outperformed, while in others, it has underperformed. Figuring out whether ESG stocks outperform the broader market is difficult for a few reasons. For one, there isn't a central authority that can decide whether a business follows ESG practices.

Choosing ESG funds can help align your investments with your values and support companies that prioritize sustainability, social responsibility and good governance. However, it's important to note that ESG investing does not guarantee superior financial returns.

Pick an account

It depends on why you want to invest. For retirement, options include a traditional IRA, Roth IRA, rollover IRA. For general investing and trading, investing for a big goal (like the down payment on a house), or simply giving your money the potential to grow, consider the Fidelity brokerage account.

Fidelity is one of the most well-rounded brokerages available today, with no commissions on stock or ETF trades and a selection of no-expense-ratio index funds suited to both beginner and active investors.

Key Morningstar Metrics for Fidelity Contrafund

The fund's roughly 13% annualized gain over the past decade beat the S&P 500 (the fund's broad-market prospectus benchmark) and ranked among the best-performing third of funds in either the large-blend or large-growth Morningstar Categories.