What is being hidden from customers now? Reuters "Fidelity customers sour on SEC proposals" is a propaganda-misstatement-falsity. Proposals would allow money market mutual fund values to float; another would force the staggering of withdrawals. This has the makings of a modern day run on the bank.. I have looked at the lack of quality in some money market mutual funds. This is a problem with all brokerage companies pegging funds to a dollar. If these funds are floating below a dollar now how are they being squared to a dollar in a hidden fashion without your knowledge. This squaring would mask risks in money market mutual funds. The astounding thing with Fidelity was their lack of response to a certified letter to clarify risk levels in my interests and their lack of response. This backhanded article is saying that clients of money market mutuals are balking; but it really should be refocused to tell the truth about in vestor the current management of funds in black box (private balance sheet) brokerage and money market mutual companies. Reuters misinformation piece - www.reuters.com January Zero Hedge www.zerohedge.com
Fidelity Mutual funds is one of the top performing mutual fund companies in India. This company started in India in 2004. They have a dedicated research team which invest in the stocks after doing proper research.
Some of the best performing fidelity mutual funds for the year 2010 are listed below. You should consult a certified research analyst before investing.
* Fidelity Tax Advantage Fund - Growth
* Fidelity India Value Fund
* Fidelity Cash Fund
* Fidelity WealthBuilder Fund
* Fidelity Flexi Gilt Fund
Fidelity India Value Fund:
This scheme does a proper research and identifies the companies in India which are undervalued. These are some attractive companies which would outperform in future as the fundamentals of the company would be very strong, but due to some reasons the stock would have been undervalued.
Systematic investment plans are available for this scheme for the benefit of the retail investors as well as low income persons.
Fidelity Cash Fund:
This fund invests in low risk companies which generates stable returns. This scheme was launched in 2006. There are two options available for the investors in this scheme i.e. dividend and growth. You can choose either "Dividend Payout" or "Dividend Reinvest" option. The minimum amount that could be invested is Rs 5000. Systematic investment plans are available for this scheme. You can apply for SIP auto debit facility also.
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Well, investing in best Mutual funds in India are the great way for a retail investor to participate into the capital markets. They offer the benefits of expert management, and low cost to investors.
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