) -- Fidelity's 10 best-performing funds in November were led by gold. Now may be an attractive time to buy bullion and mutual funds such as
Fidelity Select Gold Portfolio
after prices fell to the lowest level in more than a month.
The gold-mining fund popped 18% in a month, bringing a one-year gain to 89%. Large holdings include
Fidelity Select Gold made the list of the
Fidelity Latin America Fund
The third best-performing Fidelity fund in November was the
Fidelity Select Materials Portfolio
, up 11%. Top holdings are allocated to
, 7.0%. President Barack Obama's infrastructure spending has helped the mutual fund's holdings.
Fidelity Select Pharmaceutical Portfolio
earned a rating of A-minus, or "buy," the highest in the following table. Many parts of the health-care overhaul bill working its way through the U.S. Senate are stoking controversy. What's not up for debate is that the pharmaceutical lobby has insulated their members from having to negotiate lower drug prices.
An increased number of Americas with health insurance stands to benefit fund holdings such as
Johnson & Johnson
For the best-rated mutual funds, check out our
Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.