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Fidelity® Select Brokerage & Invmt Mgmt Portfolio (FSLBX)

69.69
Net Asset Value
+2.70%
1 Day
-7.76%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
No Load
Sales Expenses
1.10%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in stock brokerage, commodity brokerage, investment banking, tax-advantaged investment or investment sales, investment management, or related investment advisory services. 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.

Performance

1 month-5.91% 3 years+17.70%
3 months-8.84% 5 years+11.65%
1 year-3.73% Since inception+11.28%
Data through --

Peer Comparisonvs. Financial

 FSLBXCategory
Performance 5-yr return+11.65%+12.78%
Expense ratio1.10%2.63%
Risk 5 year sharpe ratio0.690.80
Net assets$567.4M$313.2M
Average market cap$15.7B$40.5B
Average P/E18.915.6
Portfolio turnover31%31%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureChristopher Lee / 2 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock92.48%
International stock4.28%
Cash3.24%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 98.95%
Industrial materials 0.62%
Telecommunication 0.43%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
ETFC E*TRADE Financial Corp6.70%
IVZ Invesco Ltd6.45%
STT State Street6.29%
AMG Affiliated Managers Group Inc6.21%
AMP Ameriprise Financial Inc6.02%
BLK BlackRock5.95%
NTRS Northern Trust5.59%
RJF Raymond James Financial Inc4.87%
GS Goldman Sachs4.85%
APAM Artisan Partners Asset Management Inc4.36%

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