Fidelity® Select Medical Technology and Devices Portfolio (FSMEX)

69.23
Net Asset Value
-0.20%
1 Day
+15.04%
Year-to-Date
Overall Morningstar Rating
Health
Style or Category
No Load
Sales Expenses
0.71%
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+10.24% 3 years+22.01%
3 months+21.46% 5 years+18.80%
1 year+29.08% Since inception+14.76%
Data through --

Peer Comparisonvs. Health

 FSMEXCategory
Performance 5-yr return+18.80%+6.57%
Expense ratio0.71%1.23%
Risk 5 year sharpe ratio0.910.37
Net assets$6.6B$3.3B
Average market cap$31.7B$40.8B
Average P/E34.027.0
Portfolio turnover35%35%

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 / 13 Years
Minimal initial investment$0.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock93.26%
International stock5.75%
Fixed income0.73%
Cash0.26%
Other0.00%
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
TMO Thermo Fisher Scientific Inc11.07%
BDX Becton Dickinson and Co9.36%
DHR Danaher Corp7.62%
BSX Boston Scientific Corp6.76%
ISRG Intuitive Surgical5.22%
PODD Insulet Corp3.59%
PEN Penumbra Inc3.49%
MASI Masimo Corp3.48%
DXCM DexCom Inc3.27%
RMD Resmed Inc2.93%