Top picks 2013: Global favorites at Fidelity

Prospects for these funds are boosted by their top-ranked managers.

By TheStockAdvisors Jan 1, 2013 11:18AM
Mutual funds ThinkStock SuperStockBy Jim Lowell, Fidelity Investor

Unloved and overlooked are two key ingredients to my contrarian stance. As such, for 2013, my favorite picks are Fidelity Total International Equity (FTIEX) and Fidelity Total Emerging Markets (FTEMX).

Total International Equity is run by one of my newsletter's top-ranked international fund manager teams: Ashish Swarup, Jed Weiss, and Alex Zavratsky. Meanwhile, Total Emerging Markets is in the hands by veteran active emerging market stock and bond manager John Carlson.

Fidelity Total International Equity
Investing in international companies, including those in the emerging markets region, the MSCI All Country World ex U.S. Index is the fund's bogey and benchmark.

The top five country representations are the UK (17.5%), Japan (10.7%), US (8%), Switzerland (7%), and Hong Kong (5.4%).

The top three sectors are financials (21.3%), consumer staples (14.1%), and industrials (12.3%).

The top ten holdings are Nestle Sa, Roche Holdings, Royal Dutch Shell, Sanofi, GlaxoSmithKline, Vodafone, BHP Billiton, Anheuser Busch, HSBC Holdings, and Commonwealth Bank of Australia.

Fidelity Total Emerging Markets
Meanwhile, the theme of growing global consumers has me more bullish about the long-term prospects for emerging market stocks and bonds than most. Here, I particularly like Fidelity Total Emerging Markets.

This is a tactical emerging markets fund that blends the stocks and bonds not just of some of the more mature emerging markets, but also the under-researched frontier ones. As such, I'm willing to stamp my portfolio's passport with this fund.

More from




Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.


There’s a problem getting this information right now. Please try again later.
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 shed less than a point, ending the week higher by 1.3%, while the Dow Jones Industrial Average (+0.1%) cemented a 1.7% advance for the week. High-beta names underperformed, which weighed on the Nasdaq Composite (-0.3%) and the Russell 2000 (-1.3%).

Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More


There’s a problem getting this information right now. Please try again later.



Quotes delayed at least 15 min