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Fidelity® Select Brokerage & Invmt Mgmt Portfolio (FSLBX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month-15.12% 3 years+2.04%
3 months-21.07% 5 years+2.48%
1 year-22.27% Since inception+10.17%
Data through --

Peer Comparisonvs. Financial

Performance 5-yr return+2.48%+8.46%
Expense ratio1.10%2.58%
Risk 5 year sharpe ratio0.280.49
Net assets$329.7M$284.9M
Average market cap$10.0B$29.4B
Average P/E19.513.4
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


U.S. stock96.27%
International stock0.00%
Fixed income0.00%
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
BLK BlackRock8.15%
IVZ Invesco Ltd8.01%
ETFC E*TRADE Financial Corp5.99%
MS Morgan Stanley4.92%
VRTS Virtus Investment Partners Inc4.90%
LM Legg Mason Inc4.59%
GS Goldman Sachs4.47%
NTRS Northern Trust4.43%
BK Bank of New York4.41%
ITG Investment Technology Group Inc3.66%

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