Fidelity funds focusing on commodity stocks including energy & natural resources, Latin America, and banks were top performers in January.
Top Fidelity Funds for January 2022
Excludes closed Fidelity funds
* Fidelity Select Energy Portfolio, FSENX +18.3%
* Fidelity Natural Resources Fund, FNARX +12.1%
* Fidelity Latin America Fund, FLATX +6.5%
* Fidelity Global Commodity Stock Fund, FFGCX +5.3%
* Fidelity Select Banking Portfolio, FSRBX +4.3%
Stocks contributing to the performance of the above Fidelity funds likely include Canadian Natural Resources Limited (CNQ), Exxon Mobil Corporation (XOM), ConocoPhillips (COP), Chevron Corporation (CVX), Wells Fargo & Company (WFC), Petrobras PN – Pfd Reg (PBR), Qualitas Controlado SAB de CV (Q.MX), and Hypera SA (HYPE3.SA).
Bottom performers for January include Fidelity Select Biotechnology Portfolio (FBIOX), Fidelity Disruptive Medicine Fund (FMEDX), Fidelity Growth Strategies Fund (FDEGX), Fidelity Select Medical Technology and Devices Portfolio (FSMEX), and Fidelity Select Semiconductors Portfolio (FSELX).
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