Morningstar Minute: A Good Fund Investors Have Used Poorly
Due to poor timing decisions, the typical investor in Fidelity Leveraged Company Stock has only captured half of the return of this potentially volatile fund.
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Shannon Zimmerman: The fund we are going to discuss is Silver-rated Fidelity Leveraged Company Stock. What investors need to know about this fund, is that it's a terrific fund that they may not be able to use very well. Most investors over the long haul have not been able to do that.
Shannon Zimmerman does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.