$Fidelity Funds-Global Technology Fund.FD$ I don't understan...

上班对冲风险投资 : Funds fluctuate with market changes.

熊大 OP : So should I sell it for a long time?

FaithXY : To advice you....I think you should wait because you might have brought in the funds when it was experiencing slight correction* for big tech.

When you are purchasing a diversified fund that is professionally managed by experienced fund managers and it's usually for long term capital appreciation.

What it means is that in the near time you might experience a small dip but it will usually goes back after waiting awhile. So a little patience is needed. But again this is provided market conditions are good.

As of now market conditions are still in a relatively healthy due to high employment figures in US but also having slightly higher core inflation.

Yes and also the fund will fluctuate according to the performance to the diversified fund portfolio that you purchase. You could look into the individual stocks that you have a position to see how they perform daily.

Happy J : Any advice when to exit this fund?
Thank you!

FaithXY Happy J : $Fidelity Funds-Global Technology Fund (LU1046421795.MF)$ You might want to follow on regular update by Jerome Powell from US Federal Reserve understand the different aspects of US economic indicators.


Indicators which can be helpful:
- US inflation rate hike / pauses
- Employment Figures & Consumer Spending
- Key Driving Sectors for US growth in the near term and longer term
- Strategic investment that US administration are making to protect their national interest / create and securing new job opportunities for its people
- National Priorities

These information usually helps you make informed decisions about when to enter and when to exit. But normally people remain invested as long as market are still performing well even if there are present inflationary measure. But our strategy might shift to defensive funds to manage risk while ensuring captial is still growing.

The only reason you "do not remain invested" is when there is a recession coming / started that would be the reason to exit.

Or after your own research, you think that the market are overly greedy and bullish, hence making the decision to exit and reconsider your investments.

Or if some geopolitical tension, banking crisis or any kind of negative impact that could cause problem in US financial market, then you may want exit


As for purchasing fund it is professionally managed by fidelity Investments, normally they will review and reallocate the portfolio during each quarterly or every mid quarterly. The fund manager roles is to help investors achieve captial appreciation and it's their day to day job to monitor the markets.



As a consumer, we usually pay 1-2 percent annual management fee for them to manage the funds. Such that if they provide good returns for their investors, they usually will have a higher rating and regard within the industry. As of now fidelity is quite a consistent performer since inception of the fund.

FaithXY : This is my opinion and I cannot determine if it's accurate, it's just based on my knowledge...take it with a pinch of salt..

My opinion and assumptions are that market are strong right now at least for the next 2-3 months Because there big investment firms and retail investors are participating in the market consistently despite slow down in economic conditions.

If you look at market on big tech. we thought there will be a sell off or at least a reasonable correction for big tech companies. But after each sell off the buy back is so quick or such that it can't drop below the resistance level.

What this means is that alot of investment firms and retail investors are bullish on markets such that they still remained invested, it's just a matter of where the allocation of equities and fund are at.

The market rotation also happened recently during late April, May, June and July, suggest that markets are broadening to all sectors not just big tech. This will mean that all sectors are experiencing growth and expansion. Which will also mean it will be healthier as compared to only a single sector that performed well.

The assumption that during COVID 2020 to 2022 was the 2 bearish years, and it will follow by around 4 years of bullish market.

So to suggest we are in a bullish market is something that we don't fully know yet. But as we see market pick up throughout this whole year. It will likely indicate that we are in a bullish market, if it retracts significantly it will indicate bearish or uncertainty.

FaithXY : As an investor you need to make your own decision based on information you have or what risk you are willing to take. Such that you have an equal opportunity to gain captial appreciation or lose a portion of your asset (Else you hold till it pick up)

When you are investing in a professionally managed fund it will be highly unlikely that you will lose all your captial. But there is still risk involved, whatever you put in, is also what you are willing to part with.

If you lost some capital in your investment, some people use dollar cost averaging to buy the dip such that it will reduce the overall losses. Such that you can average down from maybe 150 to 100 for example within a span of few years. Because when you buy the dip likely when it's at the bottom where it might trade sideways or it's undervalued so other investors comes in and bring the value up.

Or the business or company had such bad financials and in the brink of liquidation then you need to exit immediately.

But when buying well performing fund they are usually good companies with good financials so I assume this will not happen at least for fidelity global tech funds (within S&P 500 companies)