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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Held who wrote (4543)5/27/2002 8:31:28 PM
From: MoneyPenny  Respond to of 4916
 
Mr. Wong is seldom wrong and his input here has greater value than most pay services. Ms. Moneypenny always checks here for confirmation on her macro-intuitions and doesn't place her bet lightly against Julius' divinations.



To: Jerry Held who wrote (4543)5/27/2002 8:43:14 PM
From: Julius Wong  Read Replies (1) | Respond to of 4916
 
Fund Name Assets Total Return* as of May 24
Apr. 30
(In millions)

4 Weeks Since 12/31 1 Year 3 Years 5 Years 10 Years

US Glbl:World Gold $71.3 32.6% 123.9% 116.0% 13.8% - 6.6% 3.8%
US Glbl:Gold Shares 49.5 26.6 121.7 115.1 22.9 -10.3 -10.8
ING Prec Metl Fund;A 83.7 19.9 78.3 85.0 24.3 2.7 4.2
AXP:Precious Metals;A 44.3 19.8 79.2 64.5 19.9 -0.4 7.2
Amer Cent:Gl Gold;Inv 327.6 19.3 82.8 95.7 25.0 1.4 3.8
First Eagle SoGen:Gold 38.0 19.2 98.2 112.4 36.1
7.9 N.S.
Evergreen Prc Mt;A 93.2 18.7 78.9 82.2 28.0 N.S. N.S.
Van Eck:Intl Gold;A 183.9 15.7 91.0 106.9 19.2 -0.2 1.5
USAA Metals & Minerals 116.5 15.6 74.9 89.7 28.0 7.7 6.5
Scudder Gld & Prec;S 126.2 15.4 68.4 62.6 24.0 1.5 7.4
INVESCO Gold;Inv 116.4 15.3 71.9 72.9 16.4 -8.3 0.6
Midas Fund 51.3 15.1 68.4 68.4 4.3 -17.7 -1.8
Gabelli Gold Fund;AAA 58.3 14.7 86.9 96.5 31.5 2.4 N.S.
Fidelity Sel Gold 535.7 14.3 66.4 76.0 24.4 2.6 7.7
Oppenheimer Gld & Sp;A 101.4 13.8 56.7 53.6 20.3 5.1 5.6
Monterey:OCM Gold 27.2 13.6 79.6 88.4
24.8 3.5 N.A.
Tocqueville:Gold Fund 88.6 13.1 79.5 91.0 30.8 N.S. N.S.
Rydex:Precious Metls;Inv 78.9 12.7 61.9 56.9 16.1 -1.7 N.S.
Franklin Gld Prc Mtl;A 234.9 11.1 52.0 42.0 21.7 4.5 4.5
Vanguard Prec Mtls;Inv 555.2 10.1 46.0 50.4 24.4 5.8 5.6


Number of funds during period 35 35 32 28 24 16
Average for category 16.3% 73.7% 75.1% 22.7% 0.8% 3.4 %



Source: Lipper

* Periods greater than one year are annualized.
N.A. Not available.
N.S. Not started at beginning of period.

Many funds have multiple share classes (typically indicated by a letter at the end of the fund's name) with different sales charges and annual expenses. When funds have multiple classes, only the largest is included.

Table includes only those funds that are listed on Nasdaq, which requires at least $25 million in assets or 1,000 shareholders.



To: Jerry Held who wrote (4543)5/27/2002 9:47:06 PM
From: Julius Wong  Read Replies (2) | Respond to of 4916
 
Jerry and MP:

Many thanks for the encouragement.

I work on Fidelity funds for my own 403(b) and 457 accounts. I am familiar with engineering modeling and optimization, so I apply the techniques to Fidelity funds.

The markets look bad, but that's mainly due to bears' activities. The market internals are not too bad. Good chance for a summer rally.

Julius