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Post by steadyeddy on Feb 17, 2021 18:35:44 GMT
I have consolidated most of assets at Fido and now branching into their active funds. Your reco on best Fido equity funds please?
I hold Puritan in my balanced funds list.
TIA
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Post by Karen on Feb 17, 2021 18:54:01 GMT
Per my husband:
LCG: FCNTX
MCB: FSMAX (Index)
SCV: FCPVX
EM: FSEAX, FEMKX
FS/MB: FISMX
AA 50-70: FBALX
AA 30-50: FMSDX
Tech: FSPTX
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Post by yogibearbull on Feb 17, 2021 19:37:57 GMT
LC-growth FCNTX [Danoff], LC-growth FDGRX [Wymer; closed], SC/MC and almost global FLPSX [Tillinghast].
As I have Fido 403b [only Fido mutual funds], I do have other Fido funds.
2 noteworthy items:
Newer short-term bond index is FNSOX, a good low-risk alternative to m-mkt funds.
Only Fido fund without frequent trading restrictions is ultra-ST FCONX, also an alternative to m-mkt funds.
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Deleted
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Post by Deleted on Feb 18, 2021 1:38:52 GMT
I currently have FDGRX, FCNTX, FLPSX, FISMX and FEMKX
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Post by steadyeddy on Feb 18, 2021 13:09:12 GMT
As I was searching Fido website, I came across the Disruptor funds [Automation, Communications, Technology, Medicine, Finance, AND a fund-of-funds of the previous 5].
The fund-of-funds is FGDFX. Interested in your thoughts.
These funds also have a unique "time-based ER"... with starting ER of 1% which goes down to 0.75% after one year and 0.5% after 3 years of holding the initial position in them.
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Post by fred495 on Feb 18, 2021 15:56:02 GMT
As I was searching Fido website, I came across the Disruptor funds [Automation, Communications, Technology, Medicine, Finance, AND a fund-of-funds of the previous 5]. The fund-of-funds is FGDFX. Interested in your thoughts. These funds also have a unique "time-based ER"... with starting ER of 1% which goes down to 0.75% after one year and 0.5% after 3 years of holding the initial position in them.
Below is a comment I posted back in December on MFO. I am currently still "testing" FGDFX in my portfolio as part of the 2021 Challenge contest that's being run over at M*. The only Fidelity fund that I use in my personal portfolio is FMSDX:
I still have FGDFX on my watch list and continue to be quite impressed by its excellent risk/reward profile since its inception in May. Its total return since then is 41%, and over the past one and three months, it gained 5% and 15.4%, respectively, all with a fairly reasonable P/E of 24.6.
M* puts the fund in the large blend category but classifies its investment style as large growth. It's current standard deviation, according to Portfolio Visualizer, is 18%.
However, as I said previously, I am still not comfortable with the fund's current management structure. In a "team managed" environment, who, for example, is in charge of asset allocation from among the five underlying funds? What about risk control across the portfolio of FGDFX? Who has the final decision making responsibility? Wish Fidelity would provide some clarity in the fund's prospectus.
For the time being, I am still sitting on the sidelines. If this intriguing new fund continues to do well in the future, I may well pull the trigger and "test drive" it to "see where it goes".
Fred
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Post by steadyeddy on Feb 18, 2021 16:41:43 GMT
As I was searching Fido website, I came across the Disruptor funds [Automation, Communications, Technology, Medicine, Finance, AND a fund-of-funds of the previous 5]. The fund-of-funds is FGDFX. Interested in your thoughts. These funds also have a unique "time-based ER"... with starting ER of 1% which goes down to 0.75% after one year and 0.5% after 3 years of holding the initial position in them.
Below is a comment I posted back in December on MFO. I am currently still "testing" FGDFX in my portfolio as part of the 2021 Challenge contest that's being run over at M*. The only Fidelity fund that I use in my personal portfolio is FMSDX:
I still have FGDFX on my watch list and continue to be quite impressed by its excellent risk/reward profile since its inception in May. Its total return since then is 41%, and over the past one and three months, it gained 5% and 15.4%, respectively, all with a fairly reasonable P/E of 24.6.
M* puts the fund in the large blend category but classifies its investment style as large growth. It's current standard deviation, according to Portfolio Visualizer, is 18%.
However, as I said previously, I am still not comfortable with the fund's current management structure. In a "team managed" environment, who, for example, is in charge of asset allocation from among the five underlying funds? What about risk control across the portfolio of FGDFX? Who has the final decision making responsibility? Wish Fidelity would provide some clarity in the fund's prospectus.
For the time being, I am still sitting on the sidelines. If this intriguing new fund continues to do well in the future, I may well pull the trigger and "test drive" it to "see where it goes".
Fred
Thanks fred495 for your judicious comments.... I have put in a small order for this fund today in my actual account. I am less concerned about team management - in fact I like team managed funds since it removes single manager risk. What I like about this fund is it captures disruptors in 5 major areas where we are seeing disruption. |
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dgva
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Post by dgva on Feb 18, 2021 23:44:51 GMT
We are holding FBGRX, FDSCX, FMEIX, FSLBX and FSMEX. The first three are larger weightings than the last two which are sector holdings. We chose non-FIDO for international holdings.
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Deleted
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Post by Deleted on Feb 18, 2021 23:49:40 GMT
We are holding FBGRX, FDSCX, FMEIX, FSLBX and FSMEX. The first three are larger weightings than the last two which are sector holdings. We chose non-FIDO for international holdings. I have been thinking of picking some FBCG which is etf version of FBGRX. FDSCX looks good for small cap. I will have to research others. On small cap subject- long back there used to be Royce funds. have not seen them being mentioned in these forums. |
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Post by Capital on Mar 13, 2021 17:43:49 GMT
Blue Chip Growth (FBGRX) and Value (FDVLX) as a team have been good to me.
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Post by anitya on Aug 5, 2021 23:58:03 GMT
As I was searching Fido website, I came across the Disruptor funds [Automation, Communications, Technology, Medicine, Finance, AND a fund-of-funds of the previous 5]. The fund-of-funds is FGDFX. Interested in your thoughts. These funds also have a unique "time-based ER"... with starting ER of 1% which goes down to 0.75% after one year and 0.5% after 3 years of holding the initial position in them.
Below is a comment I posted back in December on MFO. I am currently still "testing" FGDFX in my portfolio as part of the 2021 Challenge contest that's being run over at M*. The only Fidelity fund that I use in my personal portfolio is FMSDX:
I still have FGDFX on my watch list and continue to be quite impressed by its excellent risk/reward profile since its inception in May. Its total return since then is 41%, and over the past one and three months, it gained 5% and 15.4%, respectively, all with a fairly reasonable P/E of 24.6.
M* puts the fund in the large blend category but classifies its investment style as large growth. It's current standard deviation, according to Portfolio Visualizer, is 18%.
However, as I said previously, I am still not comfortable with the fund's current management structure. In a "team managed" environment, who, for example, is in charge of asset allocation from among the five underlying funds? What about risk control across the portfolio of FGDFX? Who has the final decision making responsibility? Wish Fidelity would provide some clarity in the fund's prospectus.
For the time being, I am still sitting on the sidelines. If this intriguing new fund continues to do well in the future, I may well pull the trigger and "test drive" it to "see where it goes".
Fred
Hi Fred, I noticed that its volatility has picked up this year. Is this still part of your challenge portfolio? With all the Fidelity reach, it still has not gained $200M AUM (the Disruptors complex has not gained a $1B AUM or less than $500M inflows) after 15 months of existence. Not sure Fidelity is allocating resources to this venture anymore. |
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Post by fred495 on Aug 6, 2021 1:43:39 GMT
No, anitya, I sold FGDFX a while ago. As I said, I was never very comfortable with the funds ill defined "team management" structure. No regrets.
Fred
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Post by paulr888 on Aug 6, 2021 5:06:05 GMT
I don't know the best Fidelity equity funds but these are the ones I use in my portfolio:
FEDDX mid blend EM
FISMX small-mid blend Foreign Developed
FMSDX classified as 30% to 50% allocation fund, but it currently has 62% equity per Fidelity website.
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Post by paulr888 on Aug 6, 2021 5:59:16 GMT
Hey Chang ... I look at all my holdings in EM and run them through M* X-ray to get my 9 style boxes the way I want them. As I have LV covered with PZVEX and LG covered with IFN, I use FEDDX as a Mid Blend and MDDCX as a Large Blend. It just is easier for my portfolio construction. I like to keep things balanced and I don't need the more Growth offered by FEMKX. I also try to minimize US holdings in foreign funds, FEMKX has a little more US. It's just the way I like to paint my portfolio. Probably fails the Sharpe, Sortino, SD analysis but that is OK with me.
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Post by yogibearbull on Aug 6, 2021 12:06:06 GMT
FMSDX classified as 30% to 50% allocation fund, but it currently has 62% equity per Fidelity website. Interesting. M* data still as of 3/31/21 shows nominal-equity 51%. Hopefully, M* will catch up in its next portfolio update. Effective-equity analysis for 1-yr shows up at 68.5%. So, this fund is now acting like moderate-allocation (50-70%) rather than conservative-allocation (30-50%) as labeled. FWIW, FMSDX prospectus just mentions different types of assets but not their ranges. I don't ignore fund classifications and do note when funds start to diverge from their labels (their own or those assigned by rating firms). |
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Post by paulr888 on Aug 6, 2021 14:39:00 GMT
FMSDX classified as 30% to 50% allocation fund, but it currently has 62% equity per Fidelity website. Interesting. M* data still as of 3/31/21 shows nominal-equity 51%. Hopefully, M* will catch up in its next portfolio update. Effective-equity analysis for 1-yr shows up at 68.5%. So, this fund is now acting like moderate-allocation (50-70%) rather than conservative-allocation (30-50%) as labeled. FWIW, FMSDX prospectus just mentions different types of assets but not their ranges. I don't ignore fund classifications and do note when funds start to diverge from their labels (their own or those assigned by rating firms). I invest in 7 allocation funds, 4 are 35% to 40% equity and 3 are 40% to 50% equity. FMSDX is leading the pack on performance. I wondered how they did that. I thought they just barely crossed 50%. Now I realize it is significantly over 50%. It's a little high for my liking but since only 1 out of 7 I guess i can live with that. |
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Post by oldskeet on Aug 17, 2021 12:03:25 GMT
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Post by chang on Jan 13, 2024 19:25:59 GMT
Anybody like FSEAX for 2024 and beyond? Clearly it's not a great pick if you look in the rear-view mirror. I am betting on a good EM showing in 2024-5 based on a number of factors, such as: (1) reversion to the mean, (2) US interest rates dropping, (3) China emerging from the Covid shadow and its middle class power becoming unleashed, (4) China becoming a leader in high tech development and exports (they just commissioned the first Gen-IV advanced nuclear reactor), (5) EM's less encumbered with ESG and 'woke' encumberances. I've already opened a position in FEDDX last year, and am adding to it. What I'm tempted to do is pair this with a high-powered, high-growth EM fund. FSEAX seems to fit the bill. Check the portfolio metrics here: www.morningstar.com/funds/xnas/fseax/portfolio. The ratios of price to earnings, book value, sales, cash flow, etc. are all stratospheric, as are the growth rates of sales, book value, cash flow. Obviously it's a high-beta, feast or famine fund. If 2024-2025 is going to be a feast for EM equity, this won't be a bad fund to own. It's obviously a bet on China and India. I guess I'm willing to take some of that bet. |
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Post by anitya on Jan 13, 2024 20:24:30 GMT
chang, why not just buy India and /or China ETFs? I own a sample size in FSEAX, KWEB, BABA - not enough to make a difference in portfolio but enough to keep a serious eye on them.
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Post by chang on Jan 13, 2024 20:30:56 GMT
chang , why not just buy India and /or China ETFs? I own a sample size in FSEAX, KWEB, BABA - not enough to make a difference in portfolio but enough to keep a serious eye on them. Because (1) I would never index EMs - I think they require human analysis and security selection; (2) the space I have is in tax deferred, where I look to capitalize on good actively managed funds (passive/ETFs, of course, in taxable). |
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Post by steadyeddy on Jan 14, 2024 13:44:46 GMT
Anybody like FSEAX for 2024 and beyond? Clearly it's not a great pick if you look in the rear-view mirror. I am betting on a good EM showing in 2024-5 based on a number of factors, such as: (1) reversion to the mean, (2) US interest rates dropping, (3) China emerging from the Covid shadow and its middle class power becoming unleashed, (4) China becoming a leader in high tech development and exports (they just commissioned the first Gen-IV advanced nuclear reactor), (5) EM's less encumbered with ESG and 'woke' encumberances. I've already opened a position in FEDDX last year, and am adding to it. What I'm tempted to do is pair this with a high-powered, high-growth EM fund. FSEAX seems to fit the bill. Check the portfolio metrics here: www.morningstar.com/funds/xnas/fseax/portfolio. The ratios of price to earnings, book value, sales, cash flow, etc. are all stratospheric, as are the growth rates of sales, book value, cash flow. Obviously it's a high-beta, feast or famine fund. If 2024-2025 is going to be a feast for EM equity, this won't be a bad fund to own. It's obviously a bet on China and India. I guess I'm willing to take some of that bet. , your thesis is sound. China and India likely to be the winners in this de-globalization or regionalization trend in place. As you said, beta is something that is likely gonna be relatively high. |
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Post by chang on Jan 17, 2024 14:09:21 GMT
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Post by anitya on Jan 17, 2024 16:20:57 GMT
chang , Thanks. Because it is from you, I am going to take the claims in the article as legitimate. If true, it changes everything. Please say more.
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Post by chang on Jan 17, 2024 17:07:22 GMT
No more to say, I've explained above why I like EM equity for 2024.
To paraphrase those sages of T/A who have much sharper ocular acuity than I do, Asia EM equity (FSEAX would be my choice) could surge upward, or ... it might actually go sideways ... but then again, it's entirely possible it could continue to plummet. (But don't quote me on that.)
I'm watching the sharp drop currently in progress, starting yesterday and continuing until today. My theory is that it's going to continue to drop until such time as it stops dropping.
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Post by Karen on Jan 17, 2024 18:57:59 GMT
Per my husband: LCG: FCNTX MCB: FSMAX (Index) SCV: FCPVX EM: FSEAX, FEMKX FS/MB: FISMX AA 50-70: FBALX AA 30-50: FMSDX Tech: FSPTX Looking back at a post I made in 2021 in this re-activated thread, I was remiss in not including our favorite OEF: Tech: FSELX |
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Post by fishingrod on Jan 17, 2024 19:59:40 GMT
chang, I think anitya, was just asking your knowledge of the new nuclear battery mentioned in the article, not necessarily your take on EM.
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Post by chang on Jan 17, 2024 20:11:14 GMT
chang , I think anitya , was just asking your knowledge of the new nuclear battery mentioned in the article, not necessarily your take on EM. Oh? Well, there's not much to say. It makes sense. The isotope Ni-63 is a pure beta-emitter, which makes it straightforward to handle from a safety standpoint. Beta particles (electrons) can be safely shielded by a very thin sheet of aluminum. They can be used to generate an electric current. Ni-63 has a half-life of 100 years. So it's just a matter of getting the design and manufacturing right so that the battery is small, economical, reliable, and safe. A classic "devil is in the details" engineering task. If the Chinese have succeeded in creating a workable, commercially viable product, good for them! |
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Post by anitya on Jan 17, 2024 21:02:02 GMT
chang , I think anitya , was just asking your knowledge of the new nuclear battery mentioned in the article, not necessarily your take on EM. Oh? Well, there's not much to say. It makes sense. The isotope Ni-63 is a pure beta-emitter, which makes it straightforward to handle from a safety standpoint. Beta particles (electrons) can be safely shielded by a very thin sheet of aluminum. They can be used to generate an electric current. Ni-63 has a half-life of 100 years. So it's just a matter of getting the design and manufacturing right so that the battery is small, economical, reliable, and safe. A classic "devil is in the details" engineering task. If the Chinese have succeeded in creating a workable, commercially viable product, good for them! Perfect. I hope one day we can get rid of the ugly wind and solar farms and their cousins. There got to be cost efficient, environmentally friendly solutions than what we are currently enamored with. Since the Chinese copy everything we do, I am assuming we can copy their technology with impunity and whole world can have this technology! No? I have not looked into how the Chinese patent laws work that we are not able to protect our technology. May be our inventors do not register with the Chinese patent office for the fear of information getting leaked (not getting enforced) but the Chinese inventors are allowed to patent their technology with the US patent office and protect their rights. Same mechanics probably apply to copy rights (software). |
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Post by anitya on Jan 17, 2024 22:04:51 GMT
chang , I own a small position in FSEAX and I think you had previously owned it too. I own it to keep an eye on China without without going to FCHKX. You know my total international does not amount to 2% of PV. I probably lost most money in the past two years putting my toes into China. I think a definite down trend in dollar is needed for EMs to work well.
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Post by chang on Jan 17, 2024 22:36:26 GMT
Thanks anitya. I never owned it before, but I have owned other EM funds. |
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