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Fidelity Investments is a renowned financial company that offers its customers a wide range of investment options, including mutual funds, exchange-traded funds (ETFs), and other investment vehicles. As an investor, you can easily access Fidelity’s robust selection of mutual funds and ETFs and start investing in a diversified portfolio. In this article, we’ll walk you through how to invest in funds on Fidelity.

1. Open a Fidelity account
To invest in Fidelity’s funds, you need to open an account first. The process of opening an account is straightforward and simple. You need to provide some basic personal information such as your name, address, and email address. Also, you will need to verify your identity by providing your social security number, passport number, or driver’s license number.

2. Select a Fund
Once you have opened your Fidelity account, you need to decide which fund you want to invest in. Fidelity offers a vast range of funds, including mutual funds and ETFs. You can check Fidelity’s website or use the research tools provided by Fidelity to help you select a fund. You can also consult a financial advisor or read financial literature to make an informed decision.

3. Evaluate the Fund
Before investing in the fund, you need to evaluate the fund’s performance, expense ratios, and fees associated with it. You can find this information on Fidelity’s website or get it from the fund’s prospectus. It’s essential to consider the volatility, risk, and return of the fund to determine if it’s a good fit for your investment goals and risk tolerance.

4. Investment amount
Once you have decided on a fund, you need to determine how much you want to invest. Fidelity allows investors to invest with a minimum of $1 for some of their mutual funds. However, some funds have a more significant minimum investment requirement. Make sure you check the minimum investment requirements for the fund before investing.

5. Invest in the Fund
The last step in investing in the fund is to place an order to buy the shares of the fund you have chosen. You can do this by logging into your Fidelity account and accessing the fund’s page. Here, you can click on the ‘buy’ button and enter the number of shares you want to purchase. Once you have placed your order, wait for the fund’s confirmation and the completion of the transaction.

In conclusion, investing in funds on Fidelity is straightforward and hassle-free. By following the above steps, you can start investing in Fidelity’s mutual funds and ETFs and build a diversified investment portfolio. Remember to evaluate the funds’ performance, fees, and minimum investment requirements carefully before investing. Happy Investing!