Jeana Filippa

Best Mutual Funds 2024 Fidelity Index Funds. Here are seven of the best fidelity mutual funds to buy and hold today: An index fund is a type of investment that aims to match the performance of a specific market index, like the s&p 500 ®.

The index’s average annual return between 1993 and 2023, for example, was about 9%, net of inflation and including dividends. As of april 30, 2024, the fund’s average annual return over five years (before taxes) was almost 16% compared.