Fidelity® Select Medical Technology and Devices Portfolio (FSMEX)

45.38
Net Asset Value
-1.24%
1 Day
+3.42%
Year-to-Date
Overall Morningstar Rating
Health
Style or Category
No Load
Sales Expenses
0.76%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests at least 80% of its assets in securities of companies principally engaged in research- development- manufacture- distribution- supply- or sale of medical equipment- devices- and related technologies- companies enabling drug discovery- and companies providing information technology services primarily to health care providers. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. The fund is non-diversified.

Performance

1 month+5.96% 3 years+12.46%
3 months+1.05% 5 years+20.66%
1 year+21.21% Since inception+14.20%
Data through --

Peer Comparisonvs. Health

 FSMEXCategory
Performance 5-yr return+20.66%+14.29%
Expense ratio0.76%1.30%
Risk 5 year sharpe ratio1.370.92
Net assets$4.1B$3.0B
Average market cap$24.8B$10.0B
Average P/E39.622.2
Portfolio turnover55%55%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureEdward Yoon / 10 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock92.58%
International stock6.09%
Cash0.89%
Other0.44%
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
BDX Becton Dickinson and Co13.51%
BSX Boston Scientific Corp9.77%
SYK Stryker Corp7.19%
ISRG Intuitive Surgical5.34%
TMO Thermo Fisher Scientific Inc4.83%
MDT Medtronic PLC4.82%
DHR Danaher Corp4.26%
BAX Baxter International Inc4.18%
CERN Cerner Corp2.85%
HUM Humana Inc2.58%