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Fidelity® Select Energy Service Portfolio (FSESX)

48.30
Net Asset Value
-1.53%
1 Day
-14.16%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
0.79%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests at least 80% of assets in securities of companies principally engaged in the energy service field, including those that provide services and equipment to the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power. It invests in domestic and foreign issuers. The fund invests primarily in common stocks. 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.

Performance

1 month-11.38% 3 years-5.41%
3 months-19.62% 5 years+0.17%
1 year-42.58% Since inception+7.82%
Data through --

Peer Comparisonvs. Equity energy

 FSESXCategory
Performance 5-yr return+0.17%+4.40%
Expense ratio0.79%1.52%
Risk 5 year sharpe ratio0.310.30
Net assets$711.9M$740.9M
Average market cap$10.1B$30.6B
Average P/E14.615.5
Portfolio turnover55%55%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureBen Shuleva / 1 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock85.65%
International stock12.58%
Cash1.77%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 91.57%
Industrial materials 5.90%
Hardware 1.53%
Consumer service 1.00%
Business service 0.00%
Top 10 Holdings
Portfolio weighting
SLB Schlumberger21.47%
BHI Baker Hughes Inc16.87%
DRQ Dril-Quip Inc6.58%
CAM Cameron International Corp4.85%
OII Oceaneering International Inc4.65%
HAL Halliburton4.51%
NOV National Oilwell Varco Inc4.22%
NBR Nabors Industries Ltd3.72%
FTI FMC Technologies Inc3.69%
WFT Weatherford International PLC2.72%