Fidelity Select Fundranker

Fundranker Blog—March 2013 Archive

Fundranker Sets New All Time High

On March 8, 2013, Fidelity Select Fundranker’s Top Eight Model Portfolio set a new all time high, eclipsing the previous high it set on June 23, 2008. As of March 8, 2013, Fidelity Select Fundranker’s Top Eight Model Portfolio was valued at $218,123.44, up 44.915% from January, 2006, when Fidelity Select Fundranker was first published, and up a whopping 808.848% from its $24,000 valuation when we started the theoretical portfolio on January 2, 1997.

Coincidentally, March 8 also marked the end of the fourth year of the current bull market, which began after the March 9, 2009, market lows set at the end of the bear market precipitated by the Great Recession. The S&P 500 and Nasdaq Composite Indexes both set new bull market highs, almost as if they wanted to commemorate the occasion.

Posted 3/8/13 9:22pm ET in Fundranker, Market | Permalink | Comments (0)