Mutual Fund Insights: Fidelity Exchange Fund (FDLEX)

In-depth Analysis of Fidelity Exchange Fund (FDLEX)

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See Fidelity Exchange Fund (FDLEX) performance details as of January 31, 2010

  

Last Trade: $291.48 on 3/11/2010, Change: +0.84 (0.29%)

Experiment our closing price forecasting tool for Fidelity Exchange Fund (FDLEX) (alpha release)

  

Fund Manager - Myra Wonisch Tucker

Fund Manager Tenure: 2.5 years
Fundmojo Fund Grade: A (Score: 0.75)     (What does this score mean?)

Myra joined Fidelity in 1994, before which she spent two years as a research analyst at Independence Investments and three years as a senior consultant, Management Information Systems, at Andersen Consulting. She has an MBA from the Tuck School of Business and is a Chartered Financial Analyst.  Get more insights on Myra Wonisch Tucker

  

 What we like about Fidelity Exchange Fund (FDLEX)

Data for Fidelity Exchange Fund (FDLEX) as of January 31, 2010

• Fidelity Exchange Fund (FDLEX) has good mid-term performance (3-year return -3.05% vs -7.17% Large Blend category average)
• Fidelity Exchange Fund (FDLEX) has good Long-term performance (5-year return 3.34% vs 0.19% Large Blend category average)
• Fidelity Exchange Fund (FDLEX) ratio of up-years vs down years is greater than 2
• Fidelity Exchange Fund (FDLEX) has a Morningstar rating of 4 and above
• Fidelity Exchange Fund (FDLEX) is less volatile than its peers as it has a 3-year Standard Deviation of 16.89, lower than category average of 20.52
• Fidelity Exchange Fund (FDLEX) has a lower management fee than its Large Blend average: 0.60% vs 1.10%
• Fidelity Exchange Fund (FDLEX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Fidelity Exchange Fund (FDLEX)

Data for Fidelity Exchange Fund (FDLEX) as of January 31, 2010

• Fidelity Exchange Fund (FDLEX) management has been with Fidelity Exchange Fund for only 2.5 years, it is hard to judge manager's ability based on this fund's operation record
• Fidelity Exchange Fund is a focused fund with 51.86% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Fidelity Exchange Fund (FDLEX) has a less-than-ideal short-term performance (1-year return 27.13% vs 34.15% Large Blend category average)

See Fidelity Exchange Fund (FDLEX) performance details as of January 31, 2010

  

  

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Fidelity Exchange Fund (FDLEX) Net Asset

Track net asset change of Fidelity Exchange fund (FDLEX)

Date	Net Asset
01/2010	$161.51M
11/2009	$172.90M
10/2009	$162.10M

More historic net asset information on Fidelity Exchange Fund (FDLEX)

  

Fidelity Exchange Fund (FDLEX) Portfolio Allocation

Track portfolio allocation change of Fidelity Exchange fund (FDLEX)

Date	Cash	Stock	Bond	Other
10/2009	6.99%	93.01%	0%	0%
09/2009	4.79%	95.21%	0%	0%
08/2009	4.73%	95.27%	0%	0%

Click here to see more historic asset allocation information on Fidelity Exchange Fund (FDLEX)

  

Most Recent Top 10 Holdings in Fidelity Exchange Fund (FDLEX)

Discover what Fidelity Exchange Fund (FDLEX) manager is buying

31-Oct-09 HEWLETT PACKARD CO [8.94%] PROCTER GAMBLE CO [7.29%] EXXON MOBIL CP [6.66%] MCDONALDS CP [5.78%] JOHNSON AND JOHNS DC [5.11%] CHEVRON CORP [3.96%] AMER EXPRESS INC [3.85%] COACH INC [3.61%] SCHLUMBERGER LTD [3.5%] Berkshire Hathaway Inc. B [3.49%]

30-Sep-09 HEWLETT PACKARD CO [8.86%] PROCTER GAMBLE CO [7.25%] EXXON MOBIL CP [6.53%] MCDONALDS CP [5.61%] JOHNSON AND JOHNS DC [5.26%] AMER EXPRESS INC [3.74%] CHEVRON CORP [3.63%] COACH INC [3.6%] Berkshire Hathaway Inc. B [3.52%] SCHLUMBERGER LTD [3.34%]

31-Aug-09 HEWLETT PACKARD CO [8.69%] EXXON MOBIL CP [7.1%] PROCTER GAMBLE CO [6.99%] MCDONALDS CP [6.09%] JOHNSON AND JOHNS DC [5.38%] Fidelity Cash Central Fund [4.73%] AMER EXPRESS INC [3.85%] CHEVRON CORP [3.72%] Berkshire Hathaway Inc. B [3.59%] SCHLUMBERGER LTD [3.25%]

Click here for Stock Holding Change Map in Fidelity Exchange Fund (FDLEX)

  

Related books and products to Fidelity Exchange Fund (FDLEX)

  

Latest News on Fidelity Exchange (FDLEX)

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Books and Resources

 

 

See more information on Fidelity Exchange Fund (FDLEX)

• Fidelity Exchange Fund Insights
• Fidelity Exchange Fund Performance Data
• Fidelity Exchange Fund News
• Fidelity Exchange Fund Score Explaination
• Fidelity Exchange Fund Manager Information
• Historic Fidelity Exchange Fund Asset Allocation Report
• Historic Fidelity Exchange Fund Top 10 Holding Tracking
• Historic Fidelity Exchange Fund Asset Under Management Tracking