What is your one favorite Fidelity Fund??

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RetiredCSProf
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Re: What is your one favorite Fidelity Fund??

Post by RetiredCSProf » Sun Jul 01, 2018 3:26 pm

Select Electronics (FSELX) is the fund I have held the longest (over 30 years), and it's the fund in which I have the largest holding.

Of the Fido funds I have purchased more recently, my favorite is the Overthecounter fund (FOCPX) -- it is similar to Fido Growth Company (FDGRX), which someone mentioned; but unlike FDGRX, FOCPX is open to new investors.

Mors
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Re: What is your one favorite Fidelity Fund??

Post by Mors » Sun Jul 01, 2018 3:40 pm

The Contrafund fund (FCNTX) and the Low-Priced Stock fund (FLPSX) would be my-go to funds if I wanted to supplement the the index fund that make the core of my portfolio.

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Portfolio7
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Re: What is your one favorite Fidelity Fund??

Post by Portfolio7 » Sun Jul 01, 2018 5:45 pm

I carry fewer and fewer Fidelity funds over time, and I wouldn't recommend the one I do carry, but it works for me. FOCKX slots into my portfolio at 7% of total allocation, and returns have been stellar over the couple years I've owned it. The fees are very high at 70 basis points and I suspect I'm overlooking a better way to get this same exposure, but for now it has carried it's weight.
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Dave55
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Re: What is your one favorite Fidelity Fund??

Post by Dave55 » Sun Jul 01, 2018 5:52 pm

Portfolio7 wrote:
Sun Jul 01, 2018 5:45 pm
I carry fewer and fewer Fidelity funds over time, and I wouldn't recommend the one I do carry, but it works for me. FOCKX slots into my portfolio at 7% of total allocation, and returns have been stellar over the couple years I've owned it. The fees are very high at 70 basis points and I suspect I'm overlooking a better way to get this same exposure, but for now it has carried it's weight.
Take a look at QQQ for .20% (QQQ is Invesco QQQ Trust, an ETF) The fund tracks the market-cap-weighted Nasdaq 100 Index.

Or VGT, Vanguard Information Technology Index for .10%, also an ETF.

Dave

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LadyGeek
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Re: What is your one favorite Fidelity Fund??

Post by LadyGeek » Sun Jul 01, 2018 6:12 pm

This thread is now in the Investing - Theory, News & General forum (general question).
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jcchen
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Re: What is your one favorite Fidelity Fund??

Post by jcchen » Sun Jul 01, 2018 7:05 pm

I also have a fidelity 401k from work. I use two institutional index funds: one for US total stock market and and one for international. The institutional version is the same as the retail index fund but with lower expense ratio.

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Portfolio7
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Re: What is your one favorite Fidelity Fund??

Post by Portfolio7 » Sun Jul 01, 2018 8:56 pm

Dave55 wrote:
Sun Jul 01, 2018 5:52 pm
Portfolio7 wrote:
Sun Jul 01, 2018 5:45 pm
I carry fewer and fewer Fidelity funds over time, and I wouldn't recommend the one I do carry, but it works for me. FOCKX slots into my portfolio at 7% of total allocation, and returns have been stellar over the couple years I've owned it. The fees are very high at 70 basis points and I suspect I'm overlooking a better way to get this same exposure, but for now it has carried it's weight.
Take a look at QQQ for .20% (QQQ is Invesco QQQ Trust, an ETF) The fund tracks the market-cap-weighted Nasdaq 100 Index.

Or VGT, Vanguard Information Technology Index for .10%, also an ETF.

Dave
Thanks, I can at least get those in my IRAs. I should have mentioned that most of our savings are in 401K's, and there is a mutual fund window that allows me to buy FOCKX.... but not VGT or QQQ unfortunately. There are a few "large growth" funds available, but mostly they benchmark the russell 3000 or S&P500. I'm not a 'growth' investor, so to speak, but I like carrying a relatively robust slice of tech.
An investment in knowledge pays the best interest.

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Re: What is your one favorite Fidelity Fund??

Post by feh » Mon Jul 02, 2018 7:37 pm

FSTVX domestic
FSGDX ex-US

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danielc
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Re: What is your one favorite Fidelity Fund??

Post by danielc » Wed Jul 04, 2018 2:46 am

Bronco Billy wrote:
Fri Jun 29, 2018 11:23 am
I really like Vanguard but @ work i have a Fidelity 401 retirement plan that i can stay in when i retire. I have opened their Brokerage link account that gives me more access to better funds than the 24 available.

I am sure not all will like this but there are no rules or guidelines. Just your favorite fund.

Thanks,
BB
Commission-free iShares ETF tracking the US Total Stock Market.

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Re: What is your one favorite Fidelity Fund??

Post by Carter3 » Tue Aug 28, 2018 6:09 pm

drk wrote:
Sat Jun 30, 2018 4:06 pm
UpperNwGuy wrote:
Sat Jun 30, 2018 3:41 pm
Carter3 wrote:
Fri Jun 29, 2018 10:25 pm
Given that you stated there are no rules, I'm still going to break your unwritten rule. I have multiple fidelity accounts. My favorite in my Roth is fstvx, my favorite fund in my taxable at fidelity is itot even though it is not a fidelity fund. Fstvx in table Drove me crazy so I started using itot.
How so?
Likely the tax-inefficiency caused by its capital gains distributions.
That's exactly it

bck63
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Re: What is your one favorite Fidelity Fund??

Post by bck63 » Sun Mar 10, 2019 2:18 pm

ZERO funds (FXROX and FZILX), and US Bond Index are my favorites.

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leeks
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Re: What is your one favorite Fidelity Fund??

Post by leeks » Sun Mar 10, 2019 2:30 pm

PVW wrote:
Fri Jun 29, 2018 11:37 am
Four in One Fund
+1 Four-in-one Index Fund FFNOX

Elric
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Re: What is your one favorite Fidelity Fund??

Post by Elric » Sun Mar 10, 2019 2:41 pm

I own two Fidelity funds. Fidelity Contra Fund and Fidelity 500 Index Fund. I got into the latter when Magellan started going downhill. Been in both for decades. Contra isn't a boglehead-type choice, but it's done very well over the long haul. Of course, who knows how it will do in the future.

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Re: What is your one favorite Fidelity Fund??

Post by Ferdinand2014 » Sun Mar 10, 2019 4:48 pm

emlowe wrote:
Fri Jun 29, 2018 12:50 pm
From the wiki:

Fidelity Total International Index Fund (FTIPX): Tracks MSCI ACWI (All Country World Index) ex USA Investable Market Index, includes small caps.

Fidelity International Index Fund (FSIIX/FSIVX): Tracks MSCI EAFE Index (Morgan Stanley Capital International Europe, Australasia, Far East Index).
FSPSX replaces FSIIX/FSIVX. Fido consolidated all of the index funds into one class using the lowest fee institutional price. This includes U.S.,International and all index bond funds. Oops. I thought this was a new thread. Just seeing the 2018 date. Sorry. Old news.
Last edited by Ferdinand2014 on Sun Mar 10, 2019 5:07 pm, edited 1 time in total.

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Re: What is your one favorite Fidelity Fund??

Post by Ferdinand2014 » Sun Mar 10, 2019 4:48 pm

FXAIX - Fidelity 500 index fund.

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Re: What is your one favorite Fidelity Fund??

Post by Ferdinand2014 » Sun Mar 10, 2019 5:05 pm

leeks wrote:
Sun Mar 10, 2019 2:30 pm
PVW wrote:
Fri Jun 29, 2018 11:37 am
Four in One Fund
+1 Four-in-one Index Fund FFNOX
Do you use FFNOX as your core all in one holding? My current portfolio is FXAIX (500 index) and cash essentially. I have debated expanding my diversification and switching to FFNOX. I like the index purity of the fund, relatively low fees and how it keeps a split ratio of FXAIX to FSMAX as well as no emerging market for its international portion with FSPSX. Do you keep any in taxable?

ERguy101
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Re: What is your one favorite Fidelity Fund??

Post by ERguy101 » Sun Mar 10, 2019 8:07 pm

PVW wrote:
Fri Jun 29, 2018 11:37 am
Four in One Fund
FFNOX

I love that. I basically buy FFNOX and then FSKAX to get more USA equity exposure.

mattshwink
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Re: What is your one favorite Fidelity Fund??

Post by mattshwink » Sun Mar 10, 2019 8:24 pm

FSKAX - Fidelity Total Market Index Fund. 0.015% expense ratio. I've been invested since November 2009 (so this year will be ten years) in this fund.

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Portfolio7
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Re: What is your one favorite Fidelity Fund??

Post by Portfolio7 » Sun Mar 10, 2019 8:44 pm

You might want to check out this 9 month old thread: viewtopic.php?t=252808&start=50

My allocation to FOCKX (~ 80% Nasdaq) is now 4%. I've modified my AA due to age and work conditions to (hopefully) reduce volatility somewhat, so this fund is proportionately smaller. The high fees (78 bpts) bother me, but there is nothing comparable in my 401k, and so far it's been performing well enough to mollify me. It is noteworthy that the manager recently moved on with a replacement who some think it is a bit raw.

I've seen the Contra fund recommended above and it appears to have good performance, but I already hold FOCKX and I don't want two LCG funds.

Plus active high fee funds are always a risk. My portfolio fees were about 36 bpts (including 2 in general plan fees that I can't avoid.). Now I've worked that down to 31, but still about 22 bpts higher than an optimized 3-fund AA. That means I have to regularly consider if the additional fees I pay are providing any net value.
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jeff622859
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Re: What is your one favorite Fidelity Fund??

Post by jeff622859 » Sun Mar 10, 2019 8:58 pm

I have only seen one post mentioning the fidelity ZERO funds. If we are all bogleheads how do we not all have this/these funds?! Is something wrong with them?

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Re: What is your one favorite Fidelity Fund??

Post by dcabler » Sun Mar 10, 2019 8:59 pm

Held a large amount of FLPSX for years. Ditched in my rollover IRA a few years ago. Still have it in my taxable account, and is now down to about 8% of my total portfolio. Lots of cap gains built up, so it's going nowhere. But these days I do send the dividends/cap gains it throws off elsewhere, so I expect the percentage to drop over time...

Why did I ditch it? It's still a good fund and the manager has been there since day 1, except for a short sabbatical a number of years ago. But it's gotten pretty big and someday the manager won't be there anymore. It's the only managed fund I own at this point.

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Re: What is your one favorite Fidelity Fund??

Post by nisiprius » Sun Mar 10, 2019 9:34 pm

FFIDX. Why? Because is a fund from Fidelity whose name is "Fidelity Fund," so surely its full name must be "the Fidelity Fidelity Fund," which is fun to say.

When Fidelity people are talking about it, do you think they shorten the name to "Fund?" "So, how did Fund do this year?"

I also like saying "American Growth Fund of America."

Janus Funds used to have a fund that was named The Janus Fund. I wonder whether it is now the Janus Henderson Janus Fund? And apparently... the answer is... oh, joy... YES!

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FelixTheCat
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Re: What is your one favorite Fidelity Fund??

Post by FelixTheCat » Mon Mar 11, 2019 3:24 am

There’s this multi billionaire dude that recommends S&P500. :D
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nisiprius
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Re: What is your one favorite Fidelity Fund??

Post by nisiprius » Mon Mar 11, 2019 6:18 am

FelixTheCat wrote:
Mon Mar 11, 2019 3:24 am
There’s this multi billionaire dude that recommends S&P500. :D
Although the gentleman you refer to often mentions Vanguard by name. So, to keep it on topic, I will say that you could do just as well with a Fidelity fund I once held in my employer's 401(k) plan. It was then called FUSEX (Fidelity U.S. Equity Index Fund), superseded now by FXAIX (cheaper share class). I think at the time I was paying something like an 0.3% ER on it. When I saw this topic I was thinking of mentioning the Fidelity index funds I used at that time, but couldn't decide which was my "one" favorite, FUSEX or FBIDX (Fidelity Spartan Bond Index Fund). At the time I was also paying something like 0.4% on it, and I see it is currently 0.025%.

Seriously, Fidelity deserves a lot of credit for their Spartan funds. They have been out there longer, with more choices in low-cost index funds, than any other company I can think of except Vanguard. (Dimensional Fund Advisors doesn't count because their funds are not index funds).
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FelixTheCat
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Re: What is your one favorite Fidelity Fund??

Post by FelixTheCat » Tue Mar 12, 2019 11:54 am

nisiprius wrote:
Mon Mar 11, 2019 6:18 am
Seriously, Fidelity deserves a lot of credit for their Spartan funds. They have been out there longer, with more choices in low-cost index funds, than any other company I can think of except Vanguard. (Dimensional Fund Advisors doesn't count because their funds are not index funds).
I am happy with the Spartan funds as well.
Felix is a wonderful, wonderful cat.

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Re: What is your one favorite Fidelity Fund??

Post by aj76er » Tue Mar 12, 2019 3:04 pm

FXAIX - Fidelity 500 index fund.
"Buy-and-hold, long-term, all-market-index strategies, implemented at rock-bottom cost, are the surest of all routes to the accumulation of wealth" - John C. Bogle

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Re: What is your one favorite Fidelity Fund??

Post by Broken Man 1999 » Tue Mar 12, 2019 4:04 pm

Longdog wrote:
Fri Jun 29, 2018 11:40 am
Magellan from the 1980s, under the stewardship of Peter Lynch
It was in my 401k plan, and it was great, until it wasn't.

Broken Man 1999
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Re: What is your one favorite Fidelity Fund??

Post by lukestuckenhymer » Wed Mar 13, 2019 12:19 pm

Teague wrote:
Fri Jun 29, 2018 11:39 am
My favorite would be the one with the highest expense ratio and highest profit margin for Fidelity, because those customers will subsidize the low cost index funds that I invest in.
This one?
https://fundresearch.fidelity.com/mutua ... /315910182

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Re: What is your one favorite Fidelity Fund??

Post by Ferdinand2014 » Thu Mar 14, 2019 7:33 pm

aj76er wrote:
Tue Mar 12, 2019 3:04 pm
FXAIX - Fidelity 500 index fund.
+1

UpperNwGuy
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Re: What is your one favorite Fidelity Fund??

Post by UpperNwGuy » Thu Mar 14, 2019 7:45 pm

Does anybody hold their Fidelity funds in taxable accounts, or are these all in tax-advantaged accounts?

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Re: What is your one favorite Fidelity Fund??

Post by aj76er » Mon Mar 18, 2019 4:30 pm

Due to the capital gains, I would only hold Fido mutual funds in tax sheltered. In taxable accounts I prefer ETFs, and currently hold VTI (Vanguard Total US Market), and IXUS (IShares Total International Market).
At Vanguard, Admiral shares have the same capital gains treatment as ETF's so it doesn't make a difference there. To m knowledge, it is the only investment firm that can structure share classes this way (due to an outstanding Patent).
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Re: What is your one favorite Fidelity Fund??

Post by Ferdinand2014 » Mon Mar 18, 2019 11:39 pm

UpperNwGuy wrote:
Thu Mar 14, 2019 7:45 pm
Does anybody hold their Fidelity funds in taxable accounts, or are these all in tax-advantaged accounts?
I hold FXAIX in both taxable and SEP accounts.

dcabler
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Re: What is your one favorite Fidelity Fund??

Post by dcabler » Tue Mar 19, 2019 6:21 am

UpperNwGuy wrote:
Thu Mar 14, 2019 7:45 pm
Does anybody hold their Fidelity funds in taxable accounts, or are these all in tax-advantaged accounts?
For me, both taxable and tax-advantaged for the stock funds. Bond funds all in tax-advantaged accounts.

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