5 Fantastic Actively Managed Fidelity Funds to Buy

2022 is a stock picker’s market. What does that mean? Put simply, it means that well-implemented active strategies can have better odds of outperforming compared to passive strategies. It also means that now is a good time to take a look at the best actively managed Fidelity funds.

Fidelity belongs among the premier actively managed mutual fund companies in the investment universe. Their top-notch management is backed by a large and seasoned investment research team. Even when a lead manager leaves, it rarely causes a problem for fund performance because the research and other support are so strong.

So, if you’re looking for some of the best active managers out there, Fidelity Investments can be a good place to begin your search.

Since Fidelity has dozens of actively managed funds, narrowing them down to a handful is no easy task. To tighten up the process, we’ve highlighted five of Fidelity’s best actively managed funds that should not just work well in 2022, but also for the long run.

Data is as of Aug. 3.  

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Fidelity Equity-Income Fund

  • Fund category: Large value
  • Assets under management: $7.2 billion
  • Expenses: 0.57%, or $57 annually for every $10,000 invested

When inflation is high and interest rates are rising, investors tend to rotate out of growth stocks and into value, especially financials and defensive sectors. This makes a fund like Fidelity Equity-Income (FEQIX, $64.94) a top pick to consider now.

FEQIX has historically achieved above-average returns, while taking on a reasonable amount of market risk. To do this, fund managers have focused on market sectors, such as healthcare (19%), financials (15%) and consumer staples (10%), that have a combination of a value tilt and defensive nature at the same time.

As such, you get quality long-term holdings like JPMorgan Chase (JPM), UnitedHealth Group (UNH) and Bank of America (BAC).

When it comes to Fidelity’s actively managed funds, the primary objective of this one is to invest in dividend stocks that yield higher than the average yield of…

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