10 Best Mutual Funds in 2023

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3. Fidelity Advisor Semiconductors Fund (FELAX)

Trailing Year to Date Return: 27.44%

Fidelity Advisor Semiconductors Fund (FELAX) has $902 million in net assets and was set up in 2000. It is registered in Boston, Massachusetts, and like other Fidelity Investments semiconductor funds, has 97% of the portfolio invested in the stock market with NVIDIA Corporation (NASDAQ:NVDA) being the largest stock pick.

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