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October 22 , 2020 |4 Comments

Best Active Fidelity Mutual Fund Contrafund Fcntx

Click to Enlarge Of course, when the stock market is trending benignly higher it’s safe to be in Fidelity index funds. But protecting your money is crucial in a choppy stock market, and that demands a good strategy and an agile Perhaps the best mix of growth and stability out there is Fidelity Contrafund (FCNTX). Manager William Danoff, who has been at the helm since 1990, is an old hand who truly knows the market. Under his watch, Fidelity Contrafund invests in companies whose value is unrecognized by the public, spanning both domestic and international companies as well as some lesser-known companies as small as $10 billion in market cap. Foreign investments is just about 8% currently, so this is largely a domestic fund that isn’t exposed to emerging market volatility, though in past years Danoff has increased exposure to a more significant portion of Fidelity Top holdings include

Google (GOOG), Berkshire Hathaway (BRK.B) and Wells Fargo (WFC). The fund is cheaper than many other actively managed large-cap funds because of its scale, with a 0.67% expense ratio that adds up to $67 on every $10,000 Contrafund actually lagged a bit in 2013 thanks to international exposure, up just 25% vs. the 31% for the S&P 500. And this year, it’s also trailing the market by a tad. However, that’s the nature of actively managed funds especially in a market where stocks simply trend slowly higher. The important thing to remember is the longer-term track record of Fidelity Contafund. Over the last 10 years, FCNTX is up 105% vs. just 81% for the S&P 500 in the same period.

Best Mutual Funds From Fidelity That Are Actively Managed

Best Mutual Funds From Fidelity That Are Actively Managed Fidelity Low-Priced Stock Fund (FLPSX) Expense Ratio: 0.68%, or $68 annually per $10,000 invested Truth be told, the Fidelity Low-Priced Stock Fund (MUTF:FLPSX) is kind of a weird bird. But its weirdness and superstar manager, Joel Tillinghast, has made FLPSX a top active mutual fund for decades. As its names implies, FLPSX bets only on low-price stocks. In this case, its mandate requires managers to only buy stocks trading for under $35 … at least initially. That $35-per-share cap on initial buy actually does two interesting things. First, it actually causes FLPSX to own many mid- and small-cap stocks. Second, it actually skews the portfolio toward value stocks. Historically, smaller value stocks have been the sweet spot for the market over long stretches of time and have produced the greatest

returns of the market. And it just so happens that Tillinghast typically holds onto stocks for a long time. The combination of these factors has FLPSX being a top performer over its When looking at mid-cap value mutual funds over the last ten years, FLPSX has managed to beat the category average by about 1-percentage-point-per-year in annual returns. Moreover, moving down the market-cap ladder, the Fidelity fund has beaten the Russell 2000 index by about 3.5-percentage-points-per-year. Not too shabby for a quirky fund. Best Mutual Funds From Fidelity That Are Actively Managed Fidelity Puritan (FPURX)

Best Active Investing Mutual Funds In Canada

Lately, the mutual fund industry has seen the rise of low-cost mutual funds, which offer investors an active investment alternative at a price much more reasonable that the traditional mutual funds that Canadians have watched their money flow into over the years. Two notable Canadian examples are Steadyhand and Mawer funds. The Mawer Balanced Fund has an MER of 0.96%, and the Steadyhand Founders Fund 1.34%; both well below the average charged by conventional funds. The Steadyhand Founders Fund is fairly new, having come into being in February of 2012. This fund invests in a balanced portfolio of stocks and fixed income securities. Since

2012, it has yielded a cumulative return of 31%, which is equal to an annualized return of 11%, according to their latest quarterly The Mawer Balanced Fund, on the other hand, was created in 1988; and invests primarily in Canadian, US, and International equity securities, as well as bonds. The Balanced Fund had a 7.8% return for the year to Sept 30, 11% annualized return over five years, and a 7.2% annualized return over 10 years.