When it comes to actively managed funds, Fidelity Investments has long been a trusted name in the world of asset management. These funds are managed by experienced professionals who aim to outperform the market and adapt to changing conditions. In this article, we’ll explore the top 5 actively managed Fidelity funds that offer excellent opportunities for investors right now.
- Fidelity Contrafund (FCNTX):
Fidelity Contrafund, managed by Will Danoff, has a remarkable track record. This fund seeks long-term growth by investing in a diversified portfolio of stocks. Known for its flexibility and willingness to adapt to market conditions, FCNTX is an excellent choice for investors looking for active management in a large-cap equity fund.
- Fidelity Low-Priced Stock Fund (FLPSX):
If you’re seeking opportunities in the mid-cap space, the Fidelity Low-Priced Stock Fund is a compelling choice. With Joel Tillinghast at the helm, this fund aims to invest in undervalued stocks with the potential for growth. It has consistently outperformed its benchmark, making it a favorite among active investors.
- Fidelity Select Health Care Portfolio (FSPHX):
The healthcare sector offers long-term growth potential, and the Fidelity Select Health Care Portfolio is tailored to tap into this opportunity. Managed by Eddie Yoon, this fund provides exposure to a range of healthcare companies, including pharmaceuticals, biotechnology, and healthcare equipment. Given the evergreen nature of healthcare, FSPHX is well-positioned for long-term gains.
- Fidelity Growth Company Fund (FDGRX):
Investors looking for high-growth opportunities should consider the Fidelity Growth Company Fund. This fund, managed by Steven Wymer, focuses on dynamic companies with substantial growth potential. It’s been a consistent performer, making it an ideal choice for those looking to capitalize on innovation and aggressive growth.
- Fidelity Select Technology Portfolio (FSPTX):
The technology sector continues to be a driving force in today’s economy, and the Fidelity Select Technology Portfolio aims to harness this trend. Managed by Charlie Chai, this fund provides exposure to various technology companies, including software, hardware, and internet-related businesses. FSPTX is an excellent choice for investors bullish on the tech sector’s future.
Actively managed funds have their place in an investor’s portfolio, especially when managed by experienced professionals with a proven track record. The five Fidelity funds mentioned above offer diverse opportunities for investors seeking growth, innovation, and stability. Keep in mind that active management requires ongoing research and adaptability, which can result in outperformance and the potential for better returns. However, it’s essential to align your investment choices with your financial goals and risk tolerance. Diversifying your portfolio with these Fidelity funds can help you take advantage of active management while spreading your risk.