It is that time of the month. Time to sit and rotate. Or was it rotate and sit? Anyone remember that old “cut down” from the late 70s early 80s?
The Fidelity Sector Fund Rotational System Version 1 is holding one fund that is up for rotation tomorrow. The fund is FDCPX (Computers) and was purchased on 4.2.12, meaning the fund has been held for the 30 days as required by Fidelity.
It turns out that after running the rankings tonight, FDCPX is the 3rd highest ranked Fidelity Sector Fund which means it will not be sold tomorrow after all. Now that the 30 day minimum hold has been met, every night I will re-run the rankings, and if FDCPX drops out of the top three funds, it will be replaced the next day.
Which brings us to the all-important moment…What is the top-ranked Fidelity Sector fund?
- FSRPX – Retailing
- FSCPX – Consumer Discretionary
- FDCPX – Computers
- FSHOX – Construction and Housing
- FDLSX – Leisure
The best performing funds look like a contrarian’s dream.
The system is currently holding FSHOX, FDLSX, and FDCPX.
Year-to-date Version 1 of the system has net profits of 9.86% vs SPY’s net profit of 10.38%.
The chart below is of the top-ranked Fidelity Sector fund. Click to enlarge…