Shilpa Mehra, manager of the Fidelity Trend Fund (FTRNX) since 2018. The fund had annualized returns of 14.6% over the past decade vs. 13.1% for the S&P 500 Index (through September 30, 2019). Previously, Mehra was comanager of the Fidelity Select Consumer Finance Portfolio (FSVLX) for seven years. It returned an annualized 12.8% during that period, according to Morningstar Inc. Fidelity.com
Trends that last 10 years can bolster companies in good and bad times, creating big investment opportunities.
