Fidelity Independent Adviser singled out for risk-adjusted performance

PRLog (Press Release) - Jul 15, 2008 -
As market volatility is spurred by the Fed’s latest commentary, investors are looking for good risk-adjusted returns. In the July edition of Fidelity Independent Adviser, publisher Don Dion announced that Mark Hulbert, recently ranked the Fidelity Independent Adviser among the top 10 financial newsletters he tracks for risk-adjusted returns.

http://www.fidelityadviser.com/readMe_FIA.asp

“I think the independent results that his service provides are invaluable to new and existing subscribers,” Dion noted in his monthly commentary, “Don’s Outlook.” Hulbert is the publisher of the Hulbert Financial Digest, which has tracked more than 160 financial newsletters since 1980. According to his results, Fidelity Independent Adviser’s Fidelity Retirement Income Portfolio has returned an annualized 6.3 percent since December 31, 1996. That means a $10,000 investment would be worth $19,582 as of December 31, 2007.

“Most importantly, this portfolio scores among the least volatile of the portfolios tracked by Hulbert’s,” Dion said, “in fact, it moves with the market only 64 percent of the time.”
While oil prices hinge on the latest headlines, even the most experienced investors have been feeling the pressure. “There is no question that the last few months have been enough to put even the most seasoned investor to the test,” said Dion.

http://www.fidelityadviser.com/readMe_FIA.asp

The Chicago Board Options Exchange Volatility Index, or VIX—a forward-looking measure of stock market volatility based on S&P 500 options—spiked during the last week in June, when the markets sold off. (As a point of reference, keep in mind the VIX hit a five-year high on March 17, the day after the Federal Reserve announced its rescue plan for Bear Stearns.) “Things may get worse before they get better,” Dion cautioned.

Fidelity Independent Adviser belongs to Dion’s family of financial publications. Together, Dion’s four monthly newsletters and three weekly newsletters reach 70,000 subscribers in the United States and 29 other countries. Fidelity Independent Adviser is the company’s flagship publication, and has been published monthly for 11 years and reaches 40,000 subscribers.

http://store.fidelityindependentadviser.com/fidinadnew.html

As improved technology has brought more newsletters to market, Dion is betting that Fidelity Independent Adviser’s record will set it apart. “We have navigated subscribers through difficult times in the past,” Dion said, “our track record speaks for itself.”

About Don Dion: Don Dion is the publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors Don’s commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 70,000 subscribers in the United States and 29 other countries, Fidelity Independent Adviser publishes four monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers. http://store.fidelityindependentadviser.com/fidinadnew.html

Mr. Dion is also president and founder of Dion Money Management, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Massachusetts, Dion Money Management manages more than $715 million in assets for clients in 49 states and 11 countries. http://www.dionmm.com/