Fidelity New Markets Fund Quote

FGYMX Fund  USD 12.82  0.13  1.02%   

Performance

1 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 22

 
High
 
Low
Low
Fidelity New is trading at 12.82 as of the 8th of November 2024; that is 1.02 percent increase since the beginning of the trading day. The fund's open price was 12.69. Fidelity New has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Fidelity New Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of November 2023 and ending today, the 8th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics.. More on Fidelity New Markets

Moving together with Fidelity Mutual Fund

  0.87FPTKX Fidelity Freedom 2015PairCorr
  0.82FPXTX Fidelity PennsylvaniaPairCorr
  0.82FQIFX Fidelity Freedom IndexPairCorr
  0.66FQIPX Fidelity Freedom IndexPairCorr

Fidelity Mutual Fund Highlights

Fund ConcentrationFidelity Investments Funds, Large Funds, Emerging Markets Bond Funds, Emerging Markets Bond, Fidelity Investments, Large Value, Emerging Markets Bond (View all Sectors)
Update Date30th of September 2024
Fidelity New Markets [FGYMX] is traded in USA and was established 8th of November 2024. Fidelity New is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Emerging Markets Bond category and is part of Fidelity Investments family. This fund currently has accumulated 6.91 B in assets under management (AUM) with no minimum investment requirementsFidelity New Markets is currently producing year-to-date (YTD) return of 5.61% with the current yeild of 0.04%, while the total return for the last 3 years was -0.22%.
Check Fidelity New Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity New Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Fidelity New Markets Risk Profiles

Fidelity New Against Markets

Other Information on Investing in Fidelity Mutual Fund

Fidelity New financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity New security.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals