“ETFOX combines the transparency of ETFs with the oversight given to mutual funds,” noted Dion, publisher of Fidelity Independent Adviser. “ETFOX has a five star rating from Morningstar and three Lipper Leader distinctions,”
Fidelity Independent Adviser, based in Williamstown, Massachusetts since 1996, publishes two weekly newsletters along with three monthly newsletters and a quarterly 401(k)/403(b)
ETFOX has been managed by Paul Frank since its inception nearly five years ago. “Combining the transparency of ETFs with a mutual fund helps investors tackle both security-specific and systematic risks, the two types of risk that ETFOX addresses,” Frank noted in a recent interview for Fidelity Independent Adviser. “By using ETFs, I am also taking security-specific risk out of the equation,” Frank added.
Fidelity Independent Adviser’s “Best Fund for Second Quarter 2009” can currently be read in its entirety at http://fidelityadviser.com/
Fidelity Independent Adviser is completely independent of and not affiliated with Fidelity Investments. Fidelity is a registered trademark of FMR LLC. This material has been prepared solely for informational purposes. All investments involve risk including loss of principal. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS.
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Fidelity Independent Adviser's newsletters offer a broad range of investors Don’s commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds