Fund | Expense Ratio |
---|---|
Fidelity 500 Index Fund (FXAIX)
|
0.015%
|
Fidelity U.S. Sustainability Index Fund (FITLX)
|
0.11%
|
Fidelity Mid Cap Index Fund (FSMDX)
|
0.025%
|
Fidelity Nasdaq Composite Index Fund (FNCMX)
|
0.29%
|
Fidelity Small Cap Value Fund (FCPVX)
|
1.04%
|
Fidelity Corporate Bond Fund (FCBFX)
|
0.45%
|
Fidelity Government Cash Reserves (FDRXX)
|
0.38%
|
Fidelity Investments is one of the oldest U.S. mutual fund complexes. With $4.1 trillion in mutual fund net assets under management, it’s also one of the biggest players in the industry. Its roughly 450 mutual funds play a crucial role in enabling Americans to invest for retirement.
Fidelity’s lineup of mutual funds includes a wide variety of both passive index funds and actively managed funds. It offers options tailored to nearly every major investing strategy—growth, core, value—and all asset classes.
Forbes Advisor has curated this list of the best Fidelity mutual funds with the goal of helping regular investors build a diversified, low-cost portfolio. You’ll find funds you can use in your workplace 401(k) plan or a taxable brokerage account. You’ll find low-cost, easy access funds with long records of success. Whether you need stock, bond or money market funds, you’ll find a Fidelity fund to fit your investment needs.
- The Best Fidelity Mutual Funds of April 2024
- Fidelity 500 Index Fund (FXAIX)
- Fidelity U.S. Sustainability Index Fund (FITLX)
- Fidelity Mid Cap Index Fund (FSMDX)
- Fidelity Nasdaq Composite Index Fund (FNCMX)
- Fidelity Small Cap Value Fund (FCPVX)
- Fidelity Corporate Bond Fund (FCBFX)
- Fidelity Government Cash Reserves (FDRXX)
- Methodology
- Next Up In Retirement
The Best Fidelity Mutual Funds of April 2024
Methodology
To harvest Forbes Advisor’s Best Fidelity Mutual Funds from among the hundreds offered, we screened for those with fees below 0.50%, Morningstar ratings of three stars or more and a minimum track record of 10 years. From that list we eliminated narrowly focused funds with niche asset classes or nontraditional investment strategies.
We stuck to popular investment categories, of interest to our readers. Our list includes U.S. stock and fixed-income funds. We screened out funds whose returns lagged their Morningstar category.
In our final list we included index and actively managed funds. We included funds that focus on stocks of various sizes as well as growth, value and core stocks. Due to the high interest rate environment, we added a money market mutual fund with superior yield to benefit investors who need access to their cash in the near term. It also has a low minimum initial investment of $1.
We favored lower fee funds with one exception. We included FCPVX, an actively managed, small-cap value fund. That fund gives readers a strategy for further diversifying their own portfolios.
You can use this Fidelity mutual fund list to build a well-diversified investment portfolio or to expand upon an existing one.