Fidelity® Select Medical Equipment and Systems Portfolio

Class No Load (FSMEX)
Scorecard
2 / 5 Stars
Lipper
1 1 4 5 3
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
A- (Buy)

#26 in Health

U.S. News evaluated 34 Health Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 37.03 percent over the past year, 16.15 percent over the past three years, 21.76 percent over the past five years, and 11.00 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 6.4%
1 Year 37.0%
3 Years (Annualized) 16.2%
5 Years (Annualized) 21.8%
10 Years (Annualized) 11.0%

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Summary

The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Fidelity® Select Medical Equipment and Systems Portfolio has an expense ratio of 0.82 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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