Fidelity Mutual Funds Translation

Tuesday, September 22, 2009

Ways to Rank Fidelity Mutual Funds



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Fidelity Mutual Funds

Fidelity is a brokerage firm based out of New York. Fidelity provides mutual funds, trading and active trading, annuities and 401 (k) retirement transitions. Fidelity is a large and well-known company with active managers of their mutual funds. Fidelity manages over 150 mutual funds. If you choose to use a brokerage firm as Fidelity, you need to know how to prioritize their mutual funds over others. There are several websites that will tell you how you rank Fidelity mutual funds using their own criteria, but you should examine your own needs and base your decision on these.

Requirement:
  • A computer with access to the Internet
  • A mutual fund ranking system. You can use your own or try Morningstar and Lipper for sound fund ranking based on performance


Find Fidelity Mutual Fund Rankings
  • Visit an online ranking site like Morningstar or Lipper.

  • Find ticker abbreviation or name of the mutual fund in which you are interested.

  • Go to Morningstar or Lipper's website and click on 'funds'. Alternatively you can use the search function to find the mutual fund you want.

  • Look for the mutual fund you want within his family. In this particular case, Fidelity.

  • Select the mutual fund you are interested in and read all on the same line to find the rating.


Create Your Own Ranking of Fidelity Mutual Funds
  • Make a list of reasons you invest and the goals you hope to achieve. Arrange them from most important to least important.

  • Search the Fidelity Web site for investment funds that match your list. You can also search Fidelity for different types of mutual funds and tips on getting started.

Attention & Concern

Morningstar uses a five-star system to rate mutual funds, with 5 stars being the top-level rating and 1 the lowest. The mutual funds are all risk-adjusted, meaning that they account for the risk involved in investing in the fund.

Lipper uses an alphabetical system to rate mutual funds, with A being the highest rating down to E, the lowest.

Keep your tax advisor in the loop. Investing in mutual funds can have significant tax consequences. Make sure that tax programs known to the investments you plan to do.

Remember that past performance ranking is not an indicator of future returns. Your mutual fund may have fared well in the past only to tank in the future. All ratings and reviewers can do is to let you know how well the funds have done previously.

Fidelity Mutual Funds

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