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.
Investors tend to capture more available returns in balanced funds due to a smoother ride.
Most equity categories have recorded year-to-date inflows amid tempered investor interest in bonds, and several active fund shops are benefiting.
High-beta funds as well as funds with a small-company bent have been on a tear in 2013, which means right now could be a good time to adjust your allocations elsewhere.
Fund investors should think beyond volatility measures alone when sizing up the risk in their portfolios, says Morningstar's Shannon Zimmerman.
Below-average returns don't shake Morningstar analysts' confidence in some funds, while recent outperformance doesn't grant higher ratings to others.
A look at the hits and misses in Fidelity's lineup.
How economically sensitive is your portfolio?
A good year for leverage has been a great year for this fund.
Plus, T. Rowe launches fund, Fidelity manager changes, and more.