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Fidelity Fund Bets on Midcaps Saying Tariff Shock Is Over
By
Ruth Carson
News June 20, 2025 at 03:05 PM
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What You Need To Know
- It's maintaining its conviction ahead of July 8, when reciprocal levies start for nations that don't have U.S. trade deals.
- Fidelity likes Chinese firms due to prospects of further fiscal stimulus and limited risk of losses.
- Its global multi-asset growth and income fund has a cumulative return of 14.8% over the past three years.
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