Fidelity® Select Medical Technology and Devices Portfolio (FSMEX)

50.51
Net Asset Value
+0.52%
1 Day
+15.11%
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+3.99% 3 years+16.51%
3 months+11.42% 5 years+21.97%
1 year+20.02% Since inception+14.54%
Data through --

Peer Comparisonvs. Health

 FSMEXCategory
Performance 5-yr return+21.97%+14.29%
Expense ratio0.76%1.29%
Risk 5 year sharpe ratio1.440.90
Net assets$4.6B$3.0B
Average market cap$25.0B$28.5B
Average P/E44.125.2
Portfolio turnover77%77%

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 & tenureEdward Yoon / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock93.36%
International stock5.95%
Other0.51%
Cash0.19%
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 Co13.29%
BSX Boston Scientific Corp10.08%
SYK Stryker Corp6.96%
ISRG Intuitive Surgical5.95%
BAX Baxter International Inc4.98%
TMO Thermo Fisher Scientific Inc4.67%
MDT Medtronic PLC3.98%
DHR Danaher Corp3.93%
EW Edwards Lifesciences Corp3.53%
UNH UnitedHealth2.68%