The best Fidelity No Load Mutual Funds could include any fidelity funds since all of them are without sales loads. But this is not to say these funds are also free of fees.
The Fidelity export and Multinational fund with a stock ticker of FEXPX is a large growth fund that is diverse in its investments. Over 13% of the assets are invested overseas with the sectors of investment being 16.5% in industrial material, 13.6% in consumer goods, 13.2% in financial services, 12.3% in hardware and 11.5% in health care. The return for 2009 was 55.32% and so far this year as of March 22, 2010 the YTD return is 3.47%. The volatility measures of this fund for the past three years ending in February of 2010 were a beta of 1.07, an R squared of 0.89 and a standard deviation of 22.70. This is a no load and no fee mutual fund with an expense ratio of 0.91%. The only fee is for short term redemption which is set at 0.75%. The short term period is only 30 days.
The Fidelity Contrafund with a stock ticker of FCNTX is not only highly rated by fidelity, but by most analysts. The YTD performance of this fund as of March 22, 2010 is 3.24%. This is a large growth fund that is rated 5 stars by both Fidelity and Morningstar. Last year’s performance of this fund was 45.00%. The volatility measures of this fund for the past three years ending in February of 2010 were a beta of 0.88, an R squared of 0.89 and a standard deviation of 18.75. This is a no load and no fee mutual fund with an expense ratio of 1.02%.
These two Mutual funds from Fidelity have been long standing performers and have always been amongst the best Fidelity No Load Mutual Funds.
For additional resources about mutual funds and other investments from Fidelity on this website, please view Fidelity Destiny II Fund (FDETX).
If you would like to compare this fund to one of Vanguards than please try Vanguard FTSE All-World ex-US ETF on our sister site http://mutualfundexplorer.com/
We strive to bring you the latest and most accurate data possible from the home sites of the investment institutions we name. Always remember the bigger the risk, the larger the reward or loss. Invest with caution.
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Great information. I own the Contrafund but haven’t looked at the FEXPX yet. Thanks.
Also, the http://www.bestmutualfundsnow.com link isn’t working, just FYI.
Thank you for the comment and I will fix the link. Thank you again for the heads up.
nice post. thanks.