2 / 5 Stars
2 3 1 5 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 33 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 0.98 percent over the past year, and 0.75 percent over the past three years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-6.4%|
|3 Years (Annualized)||0.8%|
|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 notes, other 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 indices and in other commodity-linked derivative instruments. The fund invests in domestic and foreign issuers. It invests in Fidelity's central funds. The fund is non-diversified.
Fees are Below Average compared to funds in the same category.
Fidelity Series Commodity Strategy Fund has an expense ratio of 0.60 percent.
Risk is Average compared to funds in the same category according to Morningstar.