8 Best Gold Mutual Funds to Invest in 2020 are, Axis Gold Fund, Kotak Gold Fund, SBI Gold Fund, HDFC Gold Fund, Nippon India Gold Savings Fund, ICICI Prudential Regular Gold Savings Fund, Invesco India Gold Fund, Aditya Birla Sun Life Gold Fund Fidelity® Small-Cap Growth Fund (FCPGX), Diversifiers Fidelity® Investments Money Market - Money Market Portfolio - Institutional Class (FNSXX) NEW Fidelity® Water Sustainability Fund (FLOWX). Fidelity® Small-Cap Enhanced Index Fund (FCPEX) Invest in U.S. Treasury and other taxable U.S. government securities. The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. A silver exchange-traded fund (ETF) invests primarily in raw silver assets, which are held in a trust by the fund manager or custodian. Fidelity® Mid-Cap Enhanced Index Fund (FMEIX) Companies in the Financials sector are engaged in businesses such as banking and brokerage, mortgage finance, insurance, or real estate development. Aggregate Bond Index or the Barclays U.S. 1–5 Year Treasury Bond Index. This precious metals fund’s main focus is to provide investors with capital appreciation. All Rights Reserved. 8:00 a.m.–3:00 p.m. Fund manager Caesar Bryan achieves this objective by investing 80% or more of the fund's total assets, along with any borrowed investment capital, into U.S. domestic and foreign-issued equity securities of corporations engaged in operations related to gold, and in gold bullion. Fidelity® Select Transportation Portfolio (FSRFX), Information Technology Fidelity Freedom® Index 2050 Investor (FIPFX) Fidelity Freedom® 2035 Fund (FFTHX) Fidelity Freedom® Index 2030 Investor (FXIFX) NEW Fidelity® Agricultural Productivity Fund (FARMX) Consumer discretionary and technology stocks combine for 39% of this Fidelity fund’s weight, while healthcare and financial names combine for 25%. Fidelity Funds cover all asset classes of mutual funds, from domestic equity to specialized sectors, so you can find the mix of funds that helps you to achieve your strategic investment goals. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Consider some of the following Fidelity funds: Expense Ratio: 0%, or $0 on an initial $10,000 investment. This fund is rated as having an above-average risk level. Indexes are unmanaged. Fidelity® International Small Cap Fund (FISMX) Fidelity® Select Banking Portfolio (FSRBX) Terms of Service apply. By using this service, you agree to input your real email address and only send it to people you know. The Gabelli Gold Fund (GLDAX) was issued by Gabelli Funds in 1994. 2. This Fidelity fund and extended market funds, in general, are useful for investors looking to fill in the gaps created by total market funds or supposedly broad market index funds that are often heavily allocated to large-cap stocks. Fidelity® Select Semiconductors Portfolio (FSELX) Fidelity® Conservative Income Bond Fund - Institutional Class (FCNVX) Invest in high‐quality, U.S. dollar‐denominated, short‐term taxable money market securities from government and private issuers, including corporations. “Normally investing at least 80% of assets in low-priced stocks (those priced at or below $35 per share or with an earnings yield at or above the median for the Russell 2000 Index), which can lead to investments in small and medium-sized companies,” according to Fidelity. Fidelity® Select Computers Portfolio (FDCPX) The Information Technology sector comprises companies that are engaged in the creation, storage, and exchange of digital information. Fidelity® Capital & Income Fund (FAGIX) Fidelity® Arizona Municipal Money Market Fund (FSAXX) The ones that are typically hail from rate-sensitive sectors with bond-like traits, such as real estate and utilities. Primarily invest in stocks issued by companies throughout the world, except for the U.S. Focus on stocks issued by companies based in countries with less developed economies. Fidelity® Disciplined Equity Fund (FDEQX) Fidelity® Conservative Income Municipal Bond Fund - Institutional Class (FMNDX) Michael P. Bradshaw, the fund's manager, seeks to accomplish this objective by typically investing 80% or more of the fund's assets in companies that actively participate in the exploration, mining, and processing of gold, companies that deal in gold and other precious metals and minerals, or companies that generate a minimum of half of their revenues from such business. Wells Fargo Advantage Precious Metals Fund, 4. Note: Krugerrand denominations are in ounces, not South African Rands (ZAR). The offers that appear in this table are from partnerships from which Investopedia receives compensation.