5 Best Long-Term Investments for a Child

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1. Fidelity ZERO Total Market Index (MUTF:FZROX)

Fidelity ZERO Total Market Index (MUTF:FZROX) invests at least 80% of its assets in common stocks included in the Fidelity U.S. Total Investable Market Index. The fund gives exposure to small-, mid-, and large-cap stocks.  Some top holdings of the fund include Apple Inc. (NASDAQ:AAPL), Exxon Mobil Corporation (NYSE:XOM) and Meta Platforms, Inc. (NASDAQ:META).

Exxon Mobil Corporation (NYSE:XOM) is one of the top dividend-paying energy stocks. Exxon Mobil Corporation (NYSE:XOM) has upped its dividend consistently for about 40 years now. As of the end of the second quarter of 2023, 71 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Exxon Mobil Corporation (NYSE:XOM). The biggest stakeholder of Exxon Mobil Corporation (NYSE:XOM) was Jean-Marie Eveillard’s First Eagle Investment Management which owns a $1.4 billion stake in the company.

You can also take a peek at 15 Most Innovative Companies in Canada and 15 Best Casino Stocks To Buy Heading Into 2024.

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