2 / 5 Stars
2 2 1 5 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 32 Commodities Broad Basket Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -12.57 percent over the past year, and -5.65 percent over the past three years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-10.3%|
|3 Years (Annualized)||-5.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide investment returns that correspond to the performance of the commodities market. The fund normally invests in commodity-linked derivative instruments, short-term investment-grade debt securities, cash, and cash equivalents. It invests up to 25% of assets in a wholly-owned subsidiary that invests in commodity-linked total return swaps based on the value of commodities or commodities indexes and in other commodity-linked derivative instruments. The fund invests in domestic and foreign issuers. It engages in commodity-linked derivatives transactions that have a leveraging effect on the fund. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Fidelity Series Commodity Strategy Fund has an expense ratio of 0.40 percent.
Risk is Average compared to funds in the same category according to Morningstar.