Sector Rotation: Top 3 Financial Sector Mutual Funds

Companies in the financial services industry, such as brokers and banks, have rallied impressively in the last few weeks. In our view, increased dividends and buy backs, and the prospect of deregulation can support a long-term bull market in the financials sector.

To find the best financial sector mutual funds for the current market environment, we utilized the fund ratings provided by our sister site, Fidelity Sector Report.

The top-rated fund is the Fidelity Select Brokerage Fund (FSLBX):

fslbx-070417.png

Another strong performer is the Fidelity Select Consumer Finance Fund (FSVLX). FSVLX primarily invests in credit card companies and mortgage REITs:

fslvx-070417.png

Our third favorite is the Fidelity Financial Services Fund (FIDSX):

fidsx-070417.png

.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s