It was 30.8% for the PBHG fund and 17.6% for the Fidelity fund.
As a result of some unfortunate decisions, his Fidelity fund is now trading about 4% below its net asset value.
Without a supermarket it can take several weeks and messy paperwork to move retirement assets from a Fidelity fund to one at Vanguard, as opposed to two days with the supermarkets.
If you aren't equipped for the hassle of buying locally traded shares (this can be done at a big brokerage firm), consider the Dreyfus Premier Greater China Fund or the Fidelity China Focus Fund, which have stakes in many of these companies.
Click here for May's buys, including a Fidelity Select fund that's up 47% in the past year.
Special Offer: The Fidelity Select Fund, currently ranked No. 1 on All Star Fund Traders, list might surprise you.
Peter Lynch, maestro of the Fidelity Magellan Fund in its heyday, famously said that you should invest in what you know.
Years ago, the Fidelity Magellan Fund was a mid-cap growth equity fund.
The biggest reported seller of shares in June was the Fidelity Puritan fund, a "balanced fund" that invests in both stocks and bonds.
Joel Tillinghast, a longtime Fidelity stock fund manager who is writing a book about investing, asked how they think about companies' returns on capital.
According to a study by Ibbotson, a 65 year old investor in a Fidelity target fund would have had about 30% in equities in 2001.
Like its namesake navigator, the Fidelity Magellan fund has seen its share of glory, though for the past several years the once mighty mutual fund has been a study in mediocrity.
Peter Lynch ran the Fidelity Magellan fund from 1977 to 1990 and had one of the best performance records in history for a mutual fund manager an annualized return of over 29% per year.
Rowe Price Summit Municipal Intermediate Fund and the Fidelity Intermediate Municipal Income Fund, Ms. Benz says.
After all, Vanguard is to index fund investing what Fidelity is to active fund investing.
Sometimes (I own shares in a Fidelity junk bond fund) to corporations like yours.
When the Fidelity Charitable Gift Fund surveyed 500 financial advisors in May, one in four predicted clients would increase charitable giving (and hence charitable deductions) to offset tax hikes.
Some are the charitable arm of for-profit financial services institutions such as the Fidelity Charitable Gift Fund, the Schwab Charitable, and the Vanguard Charitable Endowment Program.
When long-term bull markets hit they hit big, lasting more than 20 years, on average, and producing total real returns of nearly 16%, according to Mr. Timmer, who's also co-portfolio manager of Fidelity Global Strategies Fund.
Indeed, donor-advised funds, both those run by community foundations like the Trust and those affiliated with investment firms, such as the Fidelity Charitable Gift Fund, the Vanguard Charitable Endowment Program, and the Schwab Charitable Fund, are a fine way for folks who aren't rich enough to set up their own private foundations to funnel money over time to their favorite charities.
Bowers points out one apparent inconsistency that, he says, suggests input from Fidelity in the selection process: Although Morningstar had previously named Joel Tillinghast as one of two fund managers of the year, they did not recommend his Fidelity Low-Priced Stock ( FLPSX) fund in the small-cap category as a favorite--going instead with Fidelity Small Cap Stock ( FSLCX) .
And there is one very good reason to expect that Kaplan's success is more than just a flash in the fund fire: Kaplan remains a Fidelity analyst in addition to a fund manager.
Lynch eventually took over as director of research for the small investment mutual fund company and in 1977 took over portfolio management of Fidelity's Magellan mutual fund.
Goldman Sachs owns a sliver of the company, and the mammoth Fidelity Magellan (FMAGX) fund owns 5% of the outstanding shares, while Fidelity Contrafund (FCNTX) also has a respectable stake.
American fund powerhouses such as Fidelity, Templeton and Pioneer, and big British fund managers such as Flemings, have already spent freely to set up shop in Europe.
So pick up the Fidelity Japan Smaller Companies Fund ( FJSCX) as a supplement.
Two of the cheaper gold funds are American Century Global Gold Fund and Fidelity Select Gold Portfolio.
But Fidelity's Select fund group was never intended for widows and war orphans.
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