Fidelity® Select Medical Equipment and Systems Portfolio (FSMEX)

38.74
Net Asset Value
-0.49%
1 Day
-0.21%
Year-to-Date
Overall Morningstar Rating
Health
Style or Category
No Load
Sales Expenses
0.77%
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 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.

Performance

1 month-1.82% 3 years+28.02%
3 months+1.99% 5 years+20.64%
1 year+33.53% Since inception+14.31%
Data through --

Peer Comparisonvs. Health

 FSMEXCategory
Performance 5-yr return+20.64%+22.35%
Expense ratio0.77%1.42%
Risk 5 year sharpe ratio1.171.48
Net assets$2.1B$3.7B
Average market cap$16.2B$35.4B
Average P/E28.524.6
Portfolio turnover106%106%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureEdward Yoon / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock88.54%
International stock10.68%
Cash0.44%
Other0.35%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 94.33%
Hardware 3.69%
Consumer service 0.17%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
MDT Medtronic PLC23.12%
BSX Boston Scientific Corp10.85%
ZMH Zimmer Holdings Inc6.65%
ABT Abbott Laboratories6.13%
COO Cooper Companies Inc4.10%
ACT Actavis3.80%
STJ St. Jude Medical3.28%
EW Edwards Lifesciences Corp3.25%
RMD ResMed Inc2.65%
SNN Smith & Nephew PLC2.18%

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