Whether or not Fspsx is a good fund depends on a variety of factors. It is important to consider the fund’s track record, risk-reward ratio, fees and expenses, and other objectives that are important to you.
Fspsx has a fairly solid track record since its inception in 2006 and has historically outperformed its benchmark index. Additionally, its fees and expenses are on par with similar funds, providing a cost-effective option.
That said, it is an actively managed fund, meaning the potential risk is higher than an index fund. Fspsx is a diversified fund that invests in a variety of financial instruments including stocks, bonds, and cash.
Ultimately, the decision of whether or not Fspsx is a good fund for you depends on your individual goals and financial situation.
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What is Morningstar rating for Fspsx?
The Morningstar rating for FSPSX (Fidelity Small-Cap Stock Fund Premium Class) is 4 stars. This rating reflects the fund’s relative performance over the past three, five and ten year periods. In Morningstar’s system, a 4 star rating is an indication that the fund has performed in line with its peers, with an above average level of risk-adjusted returns.
This rating is solely qualitative in nature, and does not reflect any judgment about the future performance of the fund. FSPSX is a large-cap blend fund which seeks to provide a blend of growth and value stocks, with a balanced focus on both large and small companies.
The fund has a relatively low expense ratio of 0. 62% and a long-term track record of outperformance.
What kind of fund is Fspsx?
Fspsx is a small cap growth fund offered by Fidelity Investments. It is a mutual fund, meaning that it collects money from multiple investors and uses it to buy stocks and other investments. The fund invests primarily in small-cap and mid-cap stocks with growth potential.
These types of stocks tend to be more volatile than blue-chips or large cap stocks, but they have greater potential for strong returns. Fspsx has a portfolio of roughly 1,800 stocks and has seen a 10-year average annual return of 9.
66%.
What is the performing S&P 500 index fund?
The S&P 500 index fund, also known as a passive fund, is a type of mutual fund or exchange-traded fund (ETF) that tracks the components of the S&P 500, a stock market index, in the same proportion as they are included in the index.
This type of fund generally seeks to replicate the performance of the S&P 500, providing investors with exposure to the overall economy. As the components of the S&P 500 are changed, the fund manager adjusts the holdings of its fund to match the index.
Therefore, there is minimal volatility, tracking error, and management risk associated with the index fund. The fund invests in the same stocks as the S&P 500, so the performance of the fund follows that of the index closely.
Thus, the fund manager does not have to make any decisions about which stocks to buy or sell, thereby reducing costs for the investor.
Which Fidelity Index Fund is best?
The best Fidelity index fund for you depends on your individual needs and investing goals. Fidelity offers a wide range of index funds that span across various asset classes like stocks, bonds, commodities and real estate.
For example, if you are looking for broad-based exposure to the stock market, then the Fidelity 500 Index Fund (FXAIX) would be a great choice, as it provides exposure to the 500 largest US stocks. On the other hand, if you are looking for targeted exposure to an industry or sector, then Fidelity offers a range of specific sector index funds such as the Fidelity Select Consumer Discretionary Index Fund (FDISX), which invests in US companies from the consumer discretionary industry.
Additionally, if you are looking to invest in international stocks, then the Fidelity International Index Fund (FSIIX) tracks non-US stocks from over 20 countries. Fidelity also has index funds that track short-term and long-term bonds and commodities.
Whichever Fidelity index fund you choose, keep in mind that all index funds carry certain risks. As such, it is important to make sure that any fund you choose is well-suited to your individual needs and objectives.
Additionally, you should always review any index fund’s fees and associated expenses before investing, as these can eat away at your returns if they are too high.
Does Fspsx pay dividends?
Yes, Fspsx (Fidelity® 500 Index Fund) pays quarterly dividends. These dividends are generally paid out on the third Friday of the month, with the declared dividends payable the following week. Fspsx dividends are usually determined by the income received by the fund in the previous quarter.
Currently, the fund has a yield of approximately 1. 68%, and many investors use the dividends as a steady source of income.
What is the safest type of fund?
The safest type of fund is a money market fund. Money market funds are a type of mutual fund that invests in short-term, highly liquid debt securities. These investments are considered one of the lowest risk mutual funds available, earning higher returns than a savings account.
From a diversification standpoint, money market funds provide the opportunity to spread your investments among different types of investment instruments. The Mutual Fund Investor Protection Corporation (MFIPC) provides a blanket guarantee of up to $1 million on any money market fund.
Additionally, money market funds make investing easy and accessible as investments can be done with as low as $100.
What type of fund is S&P?
S&P (Standard & Poor’s) is a company that creates financial indexes, including the S&P 500, which is an index composed of 500 of the largest U. S. stocks. The S&P 500 is considered to be the leading benchmark of U.
S. equities and has been used as an index fund for mutual funds and exchange-traded funds (ETFs). An index fund is a type of fund that holds a portfolio designed to match or track the components of a financial market index, such as the S&P 500.
An index fund may invest in all, or a representative sample, of the components of its underlying index. The main advantage of index funds is that they provide exposure to the performance of the entire index, minimizing the chance of underperforming the market.
This type of fund follows a passive investment strategy, which relies on diversified investments that make minimal changes to the portfolio, resulting in low turnover, lower trading costs, and fewer taxable events.
What companies are in Fspsx?
The Fidelity Select Portfolios (Fspsx) is a family of mutual funds offered by Fidelity Investments. These funds are organized into a variety of themes, such as growth, income, and sector-focused investments.
This allows Fidelity to provide investors with a broad range of funds to choose from that cater to different investment styles and objectives.
Within the Fspsx family, there are currently 17 distinct funds. These include funds focused on sector investments, such as the Financial Services Fund, Utilities Fund, and Health Care Fund. There is also a Communications Fund, an Environmental and Alternative Energy Fund, and a Precious Metals Fund.
Additionally, Fspsx funds are available with a variety of risk and return profiles. For example, funds such as the Small Cap Opportunity Fund, Prime Opportunity Fund, and International Discovery Fund offer investors more aggressive returns in exchange for higher associated risks.
Overall, the Fspsx family of funds is a great option for investors looking for a broad range of choices when it comes to their investment portfolios. By offering funds across multiple sectors, risk profiles, and objectives, Fidelity is able to meet the needs of a variety of investor types.
What does Fspsx track?
Fspsx is a fund that tracks the Standard & Poor’s 500 Index. It is an index of 500 of the largest publicly traded companies in the United States. This index is made up of companies from a wide range of industries, including health care, technology, finance, consumer goods, and more.
The index is weighted by market capitalization and is considered to be a gauge of the overall performance of the US stock market. Investing in Fspsx means you are buying into a basket of these 500 stocks, so you get to reap the benefits of skyrocketing share prices of successful companies and also gain if the index performs well overall.
Furthermore, it is a low cost passive investment option that offers diversification and stability.
What ETF is equivalent to Fspsx?
The Fidelity Select Pharmaceuticals Portfolio (FSPSX) is an exchange-traded fund (ETF) that seeks to provide investors with long-term capital appreciation by investing in securities of pharmaceutical companies.
The fund has an expense ratio of 0. 59%, which is relatively high for an ETF. The ETF may also carry higher fees for certain services, such as a short sale.
The closest equivalent to FSPSX is the iShares U. S. Pharmaceuticals ETF (IHE). This ETF tracks an index of large, mid, and small cap U. S. based biotechnology, pharmaceutical and healthcare companies.
IHE focuses on companies that are involved in the research, development, production, and distribution of drugs. This ETF has a lower expense ratio of 0. 43%, making it more cost-efficient compared to FSPSX.
However, IHE may be more volatile than FSPSX as it is not solely focused on pharmaceutical companies.
What are the 3 largest holdings of Fidelity fund?
Fidelity Funds is a family of mutual funds offered by Fidelity Investments. As of July 2020, the three largest holdings of Fidelity funds are Apple Inc. , Microsoft Corporation, and Amazon. com Inc. Apple Inc.
makes up 7. 53 percent of the group’s portfolio, Microsoft Corporation makes 5. 45 percent, and Amazon. com Inc. makes 4. 20 percent. Other large holdings include Alphabet Inc. (Google), Visa Inc. , Facebook Inc.
, Johnson & Johnson, and JPMorgan Chase & Co. The fund also holds more speculative investments such as Gold, Bitcoin, and Tesla Inc.
Does Wells Fargo own fidelity?
No, Wells Fargo does not own Fidelity. Fidelity is an independent company that does not have any corporate affiliations with Wells Fargo. Fidelity is a financial services company that provides investment management, trading, research, technology, and financial planning services to private and institutional investors.
It is owned by FMR LLC, a privately owned financial services firm founded in 1946 and based in Boston, Massachusetts. Wells Fargo, on the other hand, is a bank holding company that operates around 8,000 retail banking branches and 13,000 automated teller machines in the United States and internationally.
It also provides banking, investments, mortgage, and consumer and commercial finance services.
Is Fidelity owned by Amazon?
No, Fidelity is not owned by Amazon. Fidelity Investments is a privately held financial services company founded in 1946. It is one of the largest asset management firms in the world, with more than $7.
2 trillion in assets under management as of 2018. Over the years, Fidelity has grown its business through acquisitions and has become an industry leader in the financial services sector. Fidelity provides a wide range of services, including mutual funds, brokerage services, retirement plans, banking and lending, insurance services and more.
While it has partnered with Amazon in the past to build Amazon Web Services, Fidelity remains a separate and distinct company from Amazon.
Is FXAIX the same as S&P 500?
No, FXAIX is not the same as S&P 500. FXAIX is an exchange-traded fund (ETF) that tracks the S&P 500 index. It holds the same stocks as the S&P 500 but trades at a lower cost. FXAIX has modest differences from the S&P 500 with regard to how it is taxed and its management fees.
Another key difference is that FXAIX does not invest in derivatives that the S&P 500 may invest in. FXAIX is listed on the NYSE and the ticker symbol is FXAIX. The S&P 500 symbol is ^GSPC and is listed on the NASDAQ.
