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The Best and Worst Investments of 2013

By Ben Steverman - 2013-12-06T18:41:13Z

Photograph by Dario Pignatelli/Bloomberg

Company Symbol % Change
7 of 22

Worst Equity Mutual Fund

Fidelity Advisor Gold Fund


While stocks in almost every industry prospered, gold miners were left way behind. Fidelity Advisor Gold Fund (FGDAX) owns 112 mining companies from around the world. All its top holdings lost investors money, and the portfolio's value dropped almost twice as fast as the price of gold.

Of 1,392 open-ended, non-leveraged U.S.-based equity mutual funds with assets of $500 million or more. Excluded are closed-end funds and those that rely on leverage.