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5 Fidelity Mutual Funds to Accumulate for Gains in 2025

In its third rate cut this year, the Federal Reserve slashed the key interest rate by 25 basis points in December. In line with market expectations, the overnight borrowing rate was lowered to a target range of 4.25-4.5%, back to levels last seen in December 2022. However, the U.S.-China trade war and mixed economic data are concerns.

According to the reports released by the Department of Labor Statistics, the consumer price index (CPI) rose 0.3% in November, the highest in seven months after advancing 0.2% for four straight months. On a year-over-year basis, CPI rose 3.3% compared with the central bank’s 2% target.

The producer price index (PPI) shot up 0.4% in November the largest gain since June. On a year-over-year basis, the PPI shot up 3.0% compared to a 2.6% rise in October. The increase was the biggest since February 2023. Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 242,000 for the week ended Dec. 7.

Despite the lack of progress in the fight to control inflation, investors are hopeful that the solid fundamentals of the U.S. economy will pave the way for a soft landing.

With a long-term perspective in mind, mutual fund investing can help those who wish to diversify their portfolio among various asset classes but lack professional expertise in managing funds. Fidelity mutual funds like Fidelity Select Energy FSENX, Fidelity Select Insurance Portfolio FSPCX, Fidelity New Millennium Fund FMILX and Fidelity Select Semiconductors Portfolio FSELX should be good choices since they provide low cost and uncomplicated equity funds that can help investors meet their goals.

These funds have wide exposure in industries like finance, industrial cyclical, utilities, technology and energy. These have not only preserved investors’ wealth but also generated excellent returns

Fidelity mutual funds would be a compelling choice for investors. This is because Fidelity mutual funds have given positive returns in the past and are expected to perform well in the long run.

Headquartered in Boston, MA, Fidelity Investment is one of the oldest and most trusted mutual fund companies in the world. The company was founded in 1946 and had 51.5 million individual investors and $15 trillion of assets under administration as of Sept. 30, 2024.

Fidelity Investment company has more than 7,6000 associates in 11 countries across North America, Europe, Asia and Australia to carry out extensive and in-depth research and provide potential investment avenues worldwide to their clients.

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