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Symbol: FMILX
Expense Ratio: 0.54%
Fidelity New Millennium invests in out-of-favor, growing firms of all sizes that benefit from trends in technology and demographics.
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Manager John Roth describes himself as “opportunistic,” but his penchant for cheap prices makes him a bit of a contrarian. He bought energy stocks in late 2014 and 2015 as oil prices fell, and he sold tech stocks in 2017 as share prices soared.
See Kiplinger 25 at a Glance for the complete list of our favorite no-load mutual funds.
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And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.