I am trying to decide which of these 2 funds to buy. They are the finalists in my search. Which one would be the wiser choice and why?
2007-01-19 03:37:35 · 3 answers · asked by Howard S 1 in Business & Finance ➔ Investing
Both funds are top performing, but it looks like DODIX edges out FBIDX. Morningstar gives DODIX a 5-star while FBIDX only gets 4. In addition, DODIX historically looks like a lower volatility fund (based on the standard deviations of returns and effective durations) while providing better returns relative to FBIDX.
Here are the links to Morningstar's summaries of the funds:
http://quicktake.morningstar.com/FundNet/Snapshot.aspx?Country=USA&pgid=hetopquote&Symbol=DODIX
http://quicktake.morningstar.com/FundNet/Snapshot.aspx?Country=USA&pgid=hetopquote&Symbol=FBIDX
2007-01-19 06:32:00 · answer #1 · answered by Ian 3 · 0⤊ 0⤋
DODIX is the one I would pick. This fund family is great in all their funds. Very investor oriented. Fidelity changes their managers too often for me and puts managers into funds they know nothing about.
2007-01-19 11:41:51 · answer #2 · answered by gosh137 6 · 0⤊ 0⤋
Honestly they are both very weak picks. DODIX is 2,500 minimum and the other is 10k they don't move that much but both has a decent yield. Dodix if I had to chose one of these two but IO don't like either one sorry.
2007-01-19 18:48:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋