Best Fidelity Mutual Fund of 2013: Select Biotechnology Fund is at All-Time High

Fidelity Select Biotechnology Fund (FBIOX, last change: 1.46%)

The Fidelity Select Biotechnology Fund (FBIOX, last change: 1.46%) has rewarded investors with a stellar 50.06% year-to-date return, which makes FBIOX the best-performing Fidelity fund this year. The bull market for the biotech sector started in November 2012 and has continued in 2013 with only one interruption in June. After the June correction FBIOX regained momentum and continues to make higher highs.

 

Buy/sell signals for Fidelity funds are available at FidelitySignal.com

 

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