Fidelity® Select Banking Portfolio (FSRBX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in banking. 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-0.88% 3 years+11.90%
3 months-2.62% 5 years+14.10%
1 year+15.09% Since inception+10.23%
Data through --

Peer Comparisonvs. Financial

Performance 5-yr return+14.10%+12.74%
Expense ratio0.77%1.72%
Risk 5 year sharpe ratio0.830.84
Net assets$699.4M$500.2M
Average market cap$16.5B$4.0B
Average P/E17.510.1
Portfolio turnover35%35%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMatt Reed / 1 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


U.S. stock98.14%
International stock1.64%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
BAC Bank of America7.54%
WFC Wells Fargo7.50%
HBAN Huntington Bancshares Inc6.21%
PNC PNC Financial Services Group4.99%
USB U.S. Bancorp4.92%
OZRK Bank of the Ozarks3.41%
COF Capital One Financial3.12%
C Citigroup2.92%
STI SunTrust Banks Inc2.78%
SBNY Signature Bank2.58%