| 4/17/2009 |
Distribution - 0.08% or $0.037 per share |
- |
$47.86 |
| 12/15/2008 |
Distribution - 1.37% or $0.662 per share |
- |
$48.45 |
| 9/12/2008 |
Recommendation - Hold |
This is a low volatility fund with good long term performance. Its standard deviation is only 8.64%. During the current bear market, its worst case drop was only 12.2%. Its relative percentile rankings for all periods from one week to 5 years are perfect '1'. It is available at Fidelity as a no load no transaction fee fund. It has a short term redemption fee of 0.75% if sold in less than 30 days. |
$63.09 |
| 6/18/2008 |
Recommendation - Hold |
This is a low volatility fund with good long term performance. It has low standard deviation (7.23). However, in the current market environment, it is not doing very well. It has just reached a new low for the year prompting us to downgrade the fund. It is still a low risk fund - it is down only 10.2% from its Dec 10, 2007 peak. This is a lot better compared to the S&P500 which is down more than 15% from its peak. It is available at Fidelity as a no load no transaction fee fund. It has a short term redemption fee of 0.75% if sold in less than 30 days. |
$62.02 |
| 3/19/2008 |
Recommendation - Accumulate |
This is a low risk fund. It has low standard deviation of 7.67. During the current global market correction, it dropped less than 10% and has recovered about half of it. Its percentile performance rankings for all periods from one month to three years is '1'. It is up 13.3% over last one year while S&P500 is down about 5%. It is available at Fidelity as a no load no transaction fee fund. It has a short term redemption fee of 0.75% if sold in less than 30 days. |
$63.50 |
| 12/14/2007 |
Distribution - 3.25% or $2.164 per share |
- |
$66.52 |
| 12/7/2007 |
Recommendation - NewBuy |
This is a low risk fund. During last four years, it has rarely dropped more than 6%. It has low standard deviation of 6.63 and high (for a domestic fund) Sharpe Ratio of 1.86. This year, its worst drop has been less than 5%. It is up 23.2% YTD. It is available at Fidelity as a no load no transaction fee fund. It has a short term redemption fee of 0.75% if sold in less than 30 days. |
$69.69 |