Top 10 Fidelity Mutual Funds

The broad-based rally for U.S. stocks continues, as we approach the seasonally bullish year-end period. The list of the top 10 Fidelity funds (see more at FidelitySignal) is dominated by sector funds representing a diverse set of industries, such as retailing, consumer finance, IT services, health care and transportation:

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The top year-to-date performer is the Fidelity Select Transportation Fund (FSRFX) with 29.01% gain so far in 2014. The holdings of the fund include airline, shipping and railroad companies, which all benefit from declining energy prices.

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Top 10 Fidelity Mutual Funds

Following the announcement of the Fed’s tapering decision stocks rallied, while bonds sold off. This shows that equities remain the best investment asset class, as the end of 2013 comes to a close in two weeks.

What are the best-performing Fidelity funds that allow investors to take advantage of the current trend? The table below shows the 10 highest-ranked Fidelity funds based on their three-month return.

The top 10 list includes funds that invest in a diverse set of industry sectors, such as transportation, finance, technology, health care and retailing. This broad-based participation is the sign of a healthy bull market.

Also, it is important to note that all of the highest ranked funds represent U.S. sector investments, as U.S. equities have outperformed international investments for most of the year.

Top 10 Fidelity Funds

Source: FidelitySignal.com

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