Its strategies to invest extensively across various asset classes and employ a large band of investment professionals to manage the mutual funds are major reasons behind the firm’s popularity.įidelity Investment’s assets under management as of November 2019 were more than $8.2 trillion (comprising discretionary assets of $3.1 trillion). A major reason behind this impressive figure is Fidelity’s diversified global financial services and asset management capabilities.Ī majority of Fidelity mutual funds’ minimum initial investment is quite low, ranging between $0 and $2500. In addition, most of the firm’s mutual funds (96.8%) were no-load funds against load funds (3.2%) as of Dec 30. The company manages more than 504 mutual funds across a broad range of categories, which can vary from U.S. Mutual funds to fixed income and equity mutual funds.įinally, Fidelity’s technology-specific mutual funds fared impressively in 2019, and were some of its top-performing mutual funds owing to the sector’s significant gains.
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