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Fidelity Select Defense & Aerospace (FSDAX)

25.63 +1.00 (+4.06%)
As of 8:10:15 AM EDT. Market Open.

Fund Summary

The fund invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in the research, manufacture, or sale of products or services related to the defense or aerospace industries. 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.

Fidelity Select Defense & Aerospace

Boston MA 02109
82 Devonshire Street

Fund Overview

Category Industrials
Fund Family Fidelity Investments
Net Assets 3.3B
YTD Return -1.91%
Yield 0.00%
Morningstar Rating
Inception Date May 08, 1984

Fund Operations

Last Dividend 0.14
Last Cap Gain 44.00
Holdings Turnover 18.00%
Average for Category --

Fees & Expenses

Expense FSDAX Category Average
Annual Report Expense Ratio (net)
0.63% 0.71%
Prospectus Net Expense Ratio
0.63% --
Prospectus Gross Expense Ratio
0.63% --
Max 12b1 Fee
-- --
Max Front End Sales Load
-- 4.67%
Max Deferred Sales Load
-- 1.00%
3 Yr Expense Projection
0 --
5 Yr Expense Projection
0 --
10 Yr Expense Projection
0 --

Management Information

Todd Haggerty is an associate portfolio manager/analyst at Fidelity Institutional Asset Management (FIAM), an investment organization within Fidelity Investments’ asset management division that is dedicated to serving the needs of consultants and institutional investors, such as defined benefit and defined contribution plans, endowments, and financial advisors. In this role, Mr. Haggerty is the co-portfolio manager of the FIAM Small Cap Growth strategy and associate portfolio manager/analyst for the FIAM Small Company strategy. He is also responsible for the research coverage of U.S. small cap equities within the consumer discretionary and basic materials industries. Prior to assuming his current role, Mr. Haggerty followed the basic materials industry in North and South America. Before joining Fidelity in 2007, Mr. Haggerty served as a small cap equity analyst at Longwood Investment Advisors. Previously, he was an equity analyst following the information technology sector at Kaintuck Capital Management and a research associate at Bowman Capital Management. He has been in the financial industry since 2000. Mr. Haggerty earned his bachelor of arts degree in economics from Amherst College.

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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