Fidelity Select Fundranker

Fundranker Blog—December 2009 Archive

Four Years of Publication

With the December, 2009, issue, Fidelity Select Fundranker has completed its fourth year of publication. From January, 2006, through November, 2009, the Top Eight Model Portfolio lost 3.317%, while the S&P 500 Index (as tracked by Fidelity’s Spartan 500 Index - Investor Class Fund) and the Nasdaq Composite Index (as tracked by Fidelity’s Nasdaq Composite Index Fund) lost 4.685% and 0.214%, respectively.

From January, 2006 through June, 2008, when the Top Eight Model Portfolio made its all-time high, it gained 41.969%. From January, 2006, through February, 2009, shortly before its March 9, 2009, Great Recession low, the Top Eight Model Portfolio fell 31.579%.

In contrast, from January, 2006, through October, 2007, when the Nasdaq Composite and the S&P 500 Indexes made their all-time highs, they gained 30.893% and 28.218%, respectively. From January, 2006, through February, 2009, shortly before their March 9, 2009, Great Recession lows, the Nasdaq Composite and the S&P 500 Indexes fell 36.191% and 37.163%, respectively.

From March, 2009, through November, 2009, the Top Eight Model Portfolio gained 29.383%, while the Nasdaq Composite Index gained 40.869%, and the S&P 500 Index gained 39.447%.

Posted 12/3/09 7:25pm ET in Fundranker, Market | Permalink | Comments (0)

Great Recession

Many pundits are calling the recession that started in December, 2007, the Great Recession, which seems to capture succinctly what it has done to our economy--worse than other recessions, but not as bad as the Great Depression. We like this name, and we will refer to this recession as the Great Recession in future blog entries.

Posted 12/3/09 6:58pm ET in Economy | Permalink | Comments (0)