- Investment Products
- Mutual Funds
Fund Evaluator
Find funds that match
your criteria.
Know your four basic fund types.
There are four basic types of mutual funds. Each category has its own level of risk and reward. The basic rule of thumb? The greater the risk, the greater the potential reward. And vice versa.
Understanding the fundamental concepts behind each of these fund types can help you build a diversified, balanced portfolio.
Other types of funds — different but effective.
- Fidelity Freedom Funds® change investment styles as their target retirement date approaches.
- Fidelity Asset Manager® Funds diversify across multiple asset classes and each one is designed for a different risk tolerance.
- Sector Funds invest in specific market sectors, such as technology or energy.
- Index funds attempt to track the performance of major stock exchange indexes—and certain ones now have anexpense ratio fixed at 10 basis points.
- Fidelity Enhanced Index Funds use quantitative computer-based models to seek out-performance of an index while matching the risk of a comparable index fund.
- Hybrid Funds invest in a blend of stocks and bonds to diversify your risk. Browse for Hybrid Funds.
- Specialty Funds invest in nontraditional securities such as real estate. Browse for Specialty Funds.
- Inverse and/or Leveraged Mutual Funds are funds that utilize inverse and/or leveraged investment strategies. These funds are suitable for sophisticated investors only. Such funds involve increased risks, including investment strategies where the funds move in the opposite direction of an underlying index or benchmark. As well, daily rebalancing may impair fund performance if a benchmark or index experiences volatility.
Past performance is no guarantee of future results.
Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Foreign securities are subject to interest-rate, currency-exchange-rate, economic, and political risks
In general the bond market is volatile, and bond funds carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Bond funds also carry the risk of issuer or counterparty default, issuer credit risk, and inflation risk.
The use of derivatives may expose funds to additional risks. Learn more about mutual funds and derivatives.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Looking for funds that seek to generate income?
For a source of regularly scheduled dividend income, there is a variety of fixed-income, equity, hybrid, and specialized mutual funds worth considering.
