Fidelity funds focusing on biotechnology, agriculture, and energy were top performers in August.
Top Fidelity Funds for August 2022
Excludes closed Fidelity funds
* Fidelity Select Biotechnology Portfolio, FBIOX +4.7%
* Fidelity Agricultural Productivity Fund, FARMX +4.3%
* Fidelity Select Energy Portfolio, FSENX +3.2%
* Fidelity Convertible Securities Fund, FCVSX +1.9%
* Fidelity Global Commodity Stock Fund, FFGCX +1.8%
Stocks contributing to the performance of the above Fidelity funds likely include Archer-Daniels-Midland (ADM), Blueprint Medicines (BPMC), ConocoPhillips (COP), Deere (DE), Hess (HES), Karuna Therapeutics (KRTX), Marathon Oil (MRO), Palo Alto Networks (PANW), Pioneer Natural Resources (PXD), and Wells Fargo (WFC).
Stay on top of the stock market with ‘Looking Back, Looking Forward’
Sign up free to receive Looking Back, Looking Forward in your Inbox.
Learn more:
How AlphaProfit's investment strategy minimizes your risk
How AlphaProfit keeps your fees and expenses low
Performance of model portfolios & recommendations in AlphaProfit's Premium Service investment newsletter
AlphaProfit's free and premium investment newsletters