Fastest growing Fidelity funds worldwide in October 2021, by one year return
The Fidelity Select Banking Portfolio generated an annual return of 73.91 percent over the year to October 1, 2020. making it Fidelity Investments' fastest growing mutual fund. Fidelity's fastest growing exchange traded fund (ETF) was the Fidelity MSCI Financials Index ETF, which grew at 58.13 percent.
An ETF is a basket of shares (or other financial assets) which generally tracks an underlying index. They are similar to mutual funds, with the fundamental difference that ETFs are listed on stock exchanges, with ETF shares being traded just like regular stock.
An ETF is a basket of shares (or other financial assets) which generally tracks an underlying index. They are similar to mutual funds, with the fundamental difference that ETFs are listed on stock exchanges, with ETF shares being traded just like regular stock.
