BOSTON--(BUSINESS WIRE)--Fidelity Investments®, one of the largest and most diversified global asset management firms with more than $2.5 trillion in managed assets,i today announced that 18 Fidelity mutual funds won a total of 22 U.S. Lipper Fund Awards.

The honors are given to individual mutual funds that have outperformed peers based on risk-adjusted, consistent returns over three-, five-, and 10-years relative to their peers. Lipper designates award-winning funds in most individual classifications for the three-, five-, and 10-year periods. The mutual funds recognized by Lipper range across a variety of asset classes and styles from equities, fixed income and asset allocation to international and sector funds.

“Receiving 22 awards among 18 Fidelity mutual funds this year continues a strong history of recognition of our dedicated team of investment professionals and the funds they manage,” said Charlie Morrison, president of Asset Management for Fidelity Investments. “More importantly, this highlights our ability to deliver strong, consistent investment performance on behalf of our clients and fund shareholders.”

Sector Funds

• Fidelity Select Defense and Aerospace Portfolio, managed by Jonathan Siegmann, won awards in Lipper’s Industrials category for the three- and five-year period.
• Fidelity Select Energy Portfolio, managed by John Dowd, won an award in Lipper’s Natural Resources category for the five-year period.
• Fidelity Select Medical Equipment and Systems Portfolioii, managed by Eddie Yoon, won an award in Lipper’s Health/Biotechnology category for the three-year period.
• Fidelity Select Semiconductors Portfolio, managed by Steve Barwikowski, won an award in Lipper’s Science & Technology category for the five-year period.

Asset Allocation Funds

• Fidelity Freedom 2015 Fund, managed by Andrew Dierdorf and Brett Sumsion, won an award in Lipper’s Mixed-Asset Target 2015 category for the three-year period.
• Fidelity Freedom 2035 Fund, managed by Andrew Dierdorf and Brett Sumsion, won an award in Lipper’s Mixed-Asset Target 2035 category for the three-year period.
• Fidelity Managed Retirement 2025 Fund, managed by Andrew Dierdorf and Brett Sumsion, won awards in Lipper’s Retirement Income category for the three- and five-year periods.
• Fidelity Advisor Simplicity RMD 2015 Fund (Institutional), managed by Andrew Dierdorf and Brett Sumsion, won an award in Lipper’s Retirement Income category for the 10-year period.

Fixed Income Funds

• Fidelity Capital & Income Fund, managed by Mark Notkin, won an award in Lipper’s High Yield category for the five-year period.

Domestic and International Equity Funds

• Fidelity OTC Portfolio (Class K), managed by Sonu Kalra and Christopher Lin, won awards in Lipper’s Multi-Cap Growth category for the three- and five-year periods.
• Fidelity OTC Portfolio, managed by Sonu Kalra and Christopher Lin, won an award in Lipper’s Multi-Cap Growth category for the 10-year period.
• Fidelity Advisor Emerging Asia Fund (Institutional), managed by John Dance, won an award in Lipper’s Emerging Markets category for the 10-year period.
• Fidelity Advisor Semiconductors Fund (Institutional), managed by Steve Barwikowski, won an award in Lipper’s Science & Technology category for the three-year category.
• Fidelity Series Intrinsic Opportunities Fund, managed by Joel Tillinghast, won an award in Lipper’s Multi-Cap Value category for the three-year category.
• Fidelity Advisor International Small Cap Opportunities Fund (Institutional), managed by Jed Weiss, won an award in Lipper’s International Small/Mid-Cap Core category for the three-year period.

• Fidelity Event Driven Opportunities Fund, managed by Arvind Navaratnam, won an award in Lipper’s Alternative Event Driven category for the three-year period.
• Fidelity Advisor International Real Estate Fund (Institutional), managed by Guillermo de las Casas, won awards in Lipper’s International Real Estate category for the three- and five-year periods.
• Fidelity China Region Fund, managed by Robert Bao, won an award in Lipper’s China Region category for the 10-year period.

About The Lipper Fund Awards

The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards and the StarMine Analyst Awards. For more information, please contact markets.awards@thomsonreuters.com or visit http://www.lipperfundawards.com/.

About Fidelity Investments

Fidelity’s mission is to inspire better futures and deliver better outcomes for the customers and businesses we serve. With assets under administration of $7 trillion, including managed assets of $2.5 trillion as of January 31, 2018, we focus on meeting the unique needs of a diverse set of customers: helping more than 26 million people invest their own life savings, 23,000 businesses manage employee benefit programs, as well as providing more than 12,500 financial advisory firms with investment and technology solutions to invest their own clients’ money. Privately held for 70 years, Fidelity employs more than 40,000 associates who are focused on the long-term success of our customers. For more information about Fidelity Investments, visit https://www.fidelity.com/about.