Best performing mutual funds 3rd and 4th quarter 2015

The fund has third-quarter and YTD returns of 16.8% and 45.8%, respectively.ДЇidelity Select Medical Technology And Devices PortfolioВ FSMEX fund invests a large portion of its assets in securities of companies engaged in manufacturing and distribution of medical devices and equipment. To see how this fund performed compared in its category, and other 1 and 2 Ranked Mutual Funds,В please click here.ДЇSPTXhas a Zacks Mutual Fund Rank #1 and an annual expense ratio of 0.71%, which is below the category average of 1.29%.

This Zacks Sector вЂ“ Tech product has a history of positive total returns for more than 10 years. The non-diversified fund invests in securities of U.S. The fund invests the majority of its assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.

The question here is: why should investors consider mutual funds? Reduced transaction costs and diversification of portfolio without several commission charges that are associated with stock purchases are primarily why one should be parking their money in mutual funds (read more:В Mutual Funds: Advantages, Disadvantages, and How They Make Investors Money).ДЇidelity Select Technology PortfolioВ FSPTX aims for capital growth. Unlike most of the fund-rating systems, the Zacks Mutual Fund Rank is not just focused on past performance, but also on the likely future success of the fund. Remember, the goal of the Zacks Mutual Fund Rank is to guide investors to identify potential winners and losers. We expect these funds to outperform their peers in the future. Additionally, the minimum initial investment is within $5000. Moreover, these funds have encouraging third-quarter and YTD returns. Given such circumstances, we have highlighted four Fidelity mutual funds carrying a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy) that are poised to gain from such factors. Technology Select Sector SPDR (XLK) has climbed 29.1% in the YTD period and has remained the best-performing sector so far this year among the 11 S&P 500 sectors. Among the cyclical sectors, the fund family invested the maximum in the financial services sector, while among the defensive sectors it invested heavily in healthcare. From the sensitive sectors, most investments were made in the technology sector.

What Contributed to FidelityвЂ™s Gains?ДЇidelity invests in a variety of sectors that are sensitive, cyclical and defensive. FAGOX, which invests a bulk of its assets in common stocks of companies with above-average growth potential, returned 17% in the third quarter and has added 47.1% so far this year. The fund posted solid gains in the period between July and September. As of Sep 30, 2020, out of the total number of funds under Fidelity, only 3.2% were load funds, while the remaining 96.8% were no load funds.ДЇurther, Fidelity Advisor Growth Opportunities Fund Class M FAGOX turned up as one of the best-performing mutual funds from the Fidelity family. The initial investment of the majority of Fidelity mutual funds ranges from $0 to $2,500. By the end of the third quarter, Fidelity Investments had around $8.3 trillion of assets under management.

Best performing mutual funds 3rd and 4th quarter 2015