Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity® Select Brokerage & Invmt Mgmt Portfolio (FSLBX)

86.29
Net Asset Value
+0.88%
1 Day
+27.72%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
No Load
Sales Expenses
0.82%
Expense Ratio
Above Average
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+8.51% 3 years+7.55%
3 months+16.75% 5 years+15.34%
1 year+25.36% Since inception+11.08%
Data through --

Peer Comparisonvs. Financial

 FSLBXCategory
Performance 5-yr return+15.34%+15.05%
Expense ratio0.82%1.73%
Risk 5 year sharpe ratio0.891.12
Net assets$441.5M$459.5M
Average market cap$15.9B$39.8B
Average P/E22.116.7
Portfolio turnover146%146%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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

Holdings

U.S. stock95.77%
International stock2.89%
Cash1.34%
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
CBOE Cboe Global Markets Inc7.13%
BLK BlackRock6.22%
MS Morgan Stanley5.60%
SPGI S&P Global Inc5.38%
AMTD TD Ameritrade5.28%
SCHW Charles Schwab4.82%
IVZ Invesco Ltd4.81%
CME CME Group Inc4.75%
STT State Street4.66%
EV Eaton Vance Corp3.79%