Fidelity Value Strategies (FSLSX) a Zacks Rank #2 (Buy) invests primarily in common stocks of companies believed by the management to be undervalued in the marketplace in relation to factors such as assets, sales, earnings or growth potential (stocks of these companies are often called 'value' stocks). The fund focuses investments in medium-sized companies, but may also invest substantially in larger or smaller companies This Global - Equity fund, as of the last filing, allocates their fund in three major groups; Large Value, Small Growth and High Yield Bond. Further, as of the last filing, EDISON INTL, SEMPRA ENERGY and AMERICAN TOWER CORP were the top holdings for FSLSX. The Fidelity Value Strategies fund, managed by Fidelity, carries an expense ratio of 0.55%. Moreover, FSLSX requires a minimal initial investment of $2,500. FSLSX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 19.71%, 3 year 6.02% and 5 year 13.25%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here . FSLSX’s performance, as of the last filing, when compared to funds in its category was in the top 36% in 1 year, top 25% over the past 3 years, and in the 15% over the past 5 years. Want key mutual fund info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >> View All Zacks #1 Ranked Mutual FundsWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (FSLSX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research