Fidelity® Select Medical Technology and Devices Portfolio (FSMEX)

45.67
Net Asset Value
-0.09%
1 Day
+4.08%
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-2.99% 3 years+12.30%
3 months+0.62% 5 years+20.39%
1 year+17.19% Since inception+14.53%
Data through --

Peer Comparisonvs. Health

 FSMEXCategory
Performance 5-yr return+20.39%+17.28%
Expense ratio0.76%1.31%
Risk 5 year sharpe ratio1.501.11
Net assets$4.3B$3.2B
Average market cap$25.0B$9.5B
Average P/E33.322.6
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. stock93.32%
International stock5.89%
Other0.47%
Cash0.32%
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 Co12.99%
MDT Medtronic PLC10.47%
BSX Boston Scientific Corp10.12%
SYK Stryker Corp6.43%
ISRG Intuitive Surgical5.91%
DHR Danaher Corp5.06%
CERN Cerner Corp3.81%
XRAY Dentsply Sirona Inc2.61%
RMD ResMed Inc2.42%
WMGI Wright Medical Group NV2.30%