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mutual funds to fixed income and equity mutual funds.įinally, Fidelity’s technology-specific mutual funds fared impressively in 2019, and were some of its top-performing mutual funds owing to the sector’s significant gains.
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The company manages more than 504 mutual funds across a broad range of categories, which can vary from U.S. In addition, most of the firm’s mutual funds (96.8%) were no-load funds against load funds (3.2%) as of Dec 30. A major reason behind this impressive figure is Fidelity’s diversified global financial services and asset management capabilities.Ī majority of Fidelity mutual funds’ minimum initial investment is quite low, ranging between $0 and $2500. Its strategies to invest extensively across various asset classes and employ a large band of investment professionals to manage the mutual funds are major reasons behind the firm’s popularity.įidelity Investment’s assets under management as of November 2019 were more than $8.2 trillion (comprising discretionary assets of $3.1 trillion). The company not only offers portfolio construction in the arena of mutual funds but also meet their clients’ precise requirements. Founded more than 70 years ago, Fidelity is one of the largest and most-diversified financial services companies in the world.