Fidelity funds focusing on natural resources including energy and agricultural commodities, defense & aerospace, and insurance were top performers in October.
Top Fidelity Funds for October 2022
Excludes closed Fidelity funds
* Fidelity Select Energy Portfolio, FSENX +24.7%
* Fidelity Natural Resources Fund, FNARX +23.3%
* Fidelity Select Defense and Aerospace Portfolio, FSDAX +17.3%
* Fidelity Select Insurance Portfolio, FSPCX +13.9%
* Fidelity Agricultural Productivity Fund, FARMX +13.5%
Stocks contributing to the performance of the above Fidelity funds likely include Archer-Daniels-Midland (ADM), Bunge Ltd. (BG), Exxon Mobil (XOM), Hess Corp. (HES), Lockheed Martin (LMT), MetLife (MET), Raytheon Technologies (RTX), Schlumberger (SLB), Toro Co. (TTC), and Travelers (TRV).
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