Fidelity funds focusing on information technology, insurance, biotechnology, and banking were top performers in August.
Top Fidelity Funds for August 2021
Excludes closed funds
* Fidelity Disruptive Technology Fund, FTEKX +7.4%
* Fidelity Select Insurance Portfolio, FSPCX +6.6%
* Fidelity Small Cap Growth Fund, FCPGX +6.1%
* Fidelity Select Biotechnology Portfolio, FBIOX +5.9%
* Fidelity Select Banking Portfolio, FSRBX +5.4%
Stocks contributing to the performance of the above Fidelity funds likely include small-cap companies SiTime (SITM), Sprout Social (SPT), and TechTarget (TTGT). Among large-caps, American International Group (AIG), Alynylam Pharma (ALNY), Facebook(FB), Adobe (ADBE), Alphabet (GOOGL), and Bank of America (BAC) drove gains.
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