The gradually increasing price of natural resources and the prospect of worldwide economic recovery have resulted in the sector becoming one of the top investment areas. Fidelity offers several excellent mutual funds to take advantage of this long-term trend. Here, we highlight three of the top ranked natural resources funds (see ranking).
The Fidelity Select Natural Gas Portfolio Fund (FSNGX) is one of the top performing Fidelity mutual fund in 2014 with a 14.17% year-to-date return. The blue arrow on top panel of the chart shows that FSNGX has outperformed the S&P 500 index since January:
The Fidelity Select Energy Services Fund (FSESX) also shows a similar, very bullish chart pattern:
For investors who are interested in broad diversification across of natural resources, the Fidelity Select Natural Resources Fund (FNARX) offers an excellent investment choice:
Buy and sell signals for Fidelity funds are available at FidelitySignal.com