FIDELITY FOCUS FINANCIAL SERVICES FUND $21.51 (CWA Rating: Aggressive) invests mostly in financial services companies in brokerage and investment management, investment banking, life insurance, personal loans, property and casualty insurance, and savings and loans.
Fidelity Focus Financial Services Fund now holds a higher percentage of international stocks than in the past. Geographically, its holdings are allocated: the U.S., 22.8%; the UK, …read more »
FIDELITY FOCUS CONSUMER INDUSTRIES FUND $15.82 (CWA Rating: Aggressive) (Fidelity Investments Canada, 483 Bay St., Suite 200, Toronto, Ont. M5G 2N7. 1-800-263-4077; Web site: www.fidelity.ca. Load fund — available from brokers) invests mainly in U.S. consumer goods and services companies.
This includes appliances, cars, clothing, cosmetics, entertainment, food and beverages, homes, household products, leisure, personal computers, restaurants and travel. Consumer spending …read more »
Here are three Fidelity funds that hold much of their portfolios in one specific sector. We generally advise against investing in funds that concentrate in one economic sector. For example, a fund concentrating in financial services is particularly vulnerable to any setbacks in the sector or interest-rate rises.
However, all of these Fidelity funds stick with high-quality stocks. If you do …read more »
TRIMARK FUND $30.52 (CWA Rating: Conservative) (AIM Funds Management Inc., 5140 Yonge Street, Suite 900, Toronto, Ontario M2N 6X7. 1-800-631-7008; Website: www.aimfunds.ca. Buy or sell through brokers) takes a value-seeking investment approach, and this cuts its risk. This fund sticks to the long-time Trimark approach to stock-picking — buying high-quality investments and holding them for the long term. That eventually …read more »
We devote a lot of time to analyzing closed-end funds because these funds often provide attractive opportunities for our clients. We mainly recommend closed-ends when they trade for less than asset value, as they often do. For every $1 you invest in a closed-end, you may have $1.10 or $1.20 working for you.
Then too, closed-end funds sometimes rise in value …read more »
Mutual funds are investment products that are comprised of a pool of money collected from many investors for investing in a diversified portfolio of stocks, bonds, money-market instruments and similar assets. Mutual funds let small investors access professionally managed, diversified portfolios that would be difficult for them to create on their own.
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