Fidelity New Markets Fund Quote
FGYMX Fund | USD 12.98 0.05 0.39% |
PerformanceSolid
| Odds Of DistressLow
|
Fidelity New is trading at 12.98 as of the 21st of March 2025; that is 0.39 percent increase since the beginning of the trading day. The fund's open price was 12.93. Fidelity New has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics.. More on Fidelity New Markets
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Fidelity Mutual Fund Highlights
Fund Concentration | Fidelity Investments Funds, Large Funds, Emerging Markets Bond Funds, Emerging Markets Bond, Fidelity Investments, Large Value, Emerging Markets Bond (View all Sectors) |
Update Date | 31st of March 2025 |
Fidelity New Markets [FGYMX] is traded in USA and was established 21st of March 2025. Fidelity New is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Emerging Markets Bond category and is part of Fidelity Investments family. This fund currently has accumulated 6.91 B in assets under management (AUM) with no minimum investment requirementsFidelity New Markets is currently producing year-to-date (YTD) return of 2.78% with the current yeild of 0.04%, while the total return for the last 3 years was 4.6%.
Check Fidelity New Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity New Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Fidelity New Markets Risk Profiles
Mean Deviation | 0.2395 | |||
Semi Deviation | 0.2696 | |||
Standard Deviation | 0.3164 | |||
Variance | 0.1001 |
Fidelity New Against Markets
Other Information on Investing in Fidelity Mutual Fund
Fidelity New financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity New security.
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