Fidelity® Select Banking Portfolio (FSRBX)

25.82
Net Asset Value
-0.12%
1 Day
-1.34%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
No Load
Sales Expenses
0.81%
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.

Performance

1 month+0.43% 3 years+27.77%
3 months+3.12% 5 years+12.84%
1 year+12.29% Since inception+9.94%
Data through --

Peer Comparisonvs. Financial

 FSRBXCategory
Performance 5-yr return+12.84%+14.17%
Expense ratio0.81%1.76%
Risk 5 year sharpe ratio0.820.75
Net assets$594.6M$279.5M
Average market cap$21.0B$40.5B
Average P/E15.014.7
Portfolio turnover91%91%

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Fund Management and Purchase Info

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

Holdings

U.S. stock95.97%
International stock2.85%
Cash1.18%
Fixed income0.00%
Other0.00%
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
WFC Wells Fargo & Co11.52%
USB U.S. Bancorp8.05%
BAC Bank of America Corporation5.90%
JPM JPMorgan Chase & Co5.27%
C Citigroup Inc5.06%
STI SunTrust Banks Inc4.96%
PB Prosperity Bancshares, Inc.3.90%
COF Capital One Financial Corp3.46%
FRC First Republic Bank3.27%
MTB M&T Bank Corp3.11%

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