Fidelity China Region ranks among fastest growing mutual funds in 2025

Fidelity China Region (FHKCX) is among the fastest growing mutual funds in 2025, benefiting from a strong market that saw equity mutual funds average a 30% increase. Large-cap stocks, particularly those linked to artificial intelligence, drove this growth. Actively managed mutual funds outperformed passive funds, returning 20% over the past year. However, mutual funds focused on small-cap stocks lagged behind as investors favored large-cap stocks with solid financial results. The rise of exchange-traded funds (ETFs) is impacting mutual funds, with a record number converting to ETFs last year. Bank of America predicts that 400 mutual funds, totaling $320 billion in assets, may convert to ETFs in the future.