What is fresx?
FRESX | A complete Fidelity Real Estate Investment Portfolio mutual fund overview by MarketWatch. View mutual fund news, mutual fund market and mutual fund interest rates. FRESX | A complete Fidelity Real Estate Investment Portfolio mutual fund overview by MarketWatch. View mutual fund news, mutual fund market and mutual fund interest rates.
What does the parent pillar rating mean for fresx's fund?
The Parent Pillar is our rating of FRESX’s parent organization’s priorities and whether they’re in line with investors’ interests. This fund features a long-tenured manager but a mixed track record. Fidelity Real Estate Investment's experienced management team is a plus, but its wide-ranging strategy hasn't done enough to stand out.
What are the historical returns of fresx?
Historical Quotes FRESX Overview Key Data 52 Week Range39.39 - 54.02 YTD-11.46% 5 Year45.20% Total Net Assets$5.983B Yield0.85% Net Expense Ratio0.73% Turnover %35% 52 Week Avg Return21.03% Lipper Leader YTD Lipper Ranking:Quintile 5 (83rd percentile) 2Total Returns 3Consistent Return 3Preservation 4Tax Efficiency 5Expense
Will FRESX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
This fund features a long-tenured manager but a mixed track record
Fidelity Real Estate Investment's experienced management team is a plus, but its wide-ranging strategy hasn't done enough to stand out. The fund maintains its Morningstar Analyst Rating of Neutral.
Investment Policy
The Fund seeks above average income and long-term capital growth consistent with reasonable investment risk by investing primarily in equity securities of companies in the real estate industry.
Notes & Data Providers
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet.
