Fidelity Investments has won 18 2014 U.S. Lipper Fund Awards honoring individual mutual funds that have outperformed peers based on risk-adjusted, consistent return, the firm announced Friday.
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards.
In total, 15 Fidelity mutual funds won 18 U.S. Lipper Fund Awards, compared to 2013 when 12 Fidelity funds won 14 awards.
"These awards are a great example of the strong performance Fidelity has delivered on behalf of our shareholders across a deep and broad range of investment management capabilities," Charlie Morrison, president of Fidelity's Asset Management organization, said.
"On behalf of Fidelity and the funds' shareholders, we are truly honored to receive this recognition from Lipper."
The funds recognized by Lipper span various asset classes and styles ranging from investment grade bond and asset allocation to international, small cap and sector funds.
The Lipper Fund Awards went to Fidelity Advisor Biotechnology Fund (Institutional); Fidelity Advisor Income Replacement 2042 (Institutional); Fidelity Advisor International Real estate Fund (Institutional); Fidelity Pacific Basin Fund; Fidelity Select Consumer Finance Portfolio; Fidelity Select Defense and Aerospace Portfolio; Fidelity Spartan Long-Term Treasury Bond Index Fund; Fidelity Advisor China Region Fund (Institutional); Fidelity Advisor High Income Advantage Fund (Institutional; Fidelity Convertible Securities Fund; Fidelity Select IT Services Portfolio; Fidelity Intermediate Government Income Fund; Fidelity Select Energy Portfolio; Fidelity Select Software and Computer Services Portfolio; and Fidelity Worldwide Fund.
"Delivering consistent, long-term performance is a testament to the incredible hard work and dedication of our entire team of global investment professionals," said Morrison.
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