Tuesday, January 06, 2009
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Mutual Fund Recommendations for the Prevailing Market Conditions Fund Pick List
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Fidelity Canada (FICDX)

Category:   Foreign Large Blend
Status:   Open to new investors

Current Recommendation: Reduce
Pevious Recommendation: NewBuy

Reason
 (last updated on 12/8/2008):
This is a country specific (Canada) fund. Its category is Foreign Large Blend. In this category, except for 2006 and this year, its category percentile rank has been in the range 1-3, for last 8 years. In the current bear market, it has gone down much more than its category, and does not appear to be recovering as well as rest of the market. Its percentile rankings for last one and three months are in the 90's.

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Morningstar Profile, click here

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