Fidelity Investments is having one of its weakest first five months in recent history. Only 39% of Fidelity’s equity funds are in the company of the top half of their peers, whereas 64% were a year ago, according to Morningstar, The Wall Street Journal reports.

While it is true that many fund companies have taken a slight beating in the past few months, other large fund companies are still performing relatively well.  For example, at American Funds, 75% are in the top half of their peer groups, and at Vanguard Group, 63% are in the top half as well.

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