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Fidelity Select Semiconductors (FSELX)

59.67 +0.91 (+1.55%)
At close: 8:07:38 PM EDT

Fund Summary

The fund invests primarily in common stocks. It invests at least 80% of its assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. 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 Semiconductors

Boston MA 02109
82 Devonshire Street

Fund Overview

Category Technology
Fund Family Fidelity Investments
Net Assets 48.01B
YTD Return 62.69%
Yield 0.00%
Morningstar Rating
Inception Date Jul 29, 1985

Fund Operations

Last Dividend 0.02
Last Cap Gain 54.00
Holdings Turnover 87.00%
Average for Category --

Fees & Expenses

Expense FSELX Category Average
Annual Report Expense Ratio (net)
0.60% 1.05%
Prospectus Net Expense Ratio
0.60% --
Prospectus Gross Expense Ratio
0.60% --
Max 12b1 Fee
-- --
Max Front End Sales Load
-- 5.21%
Max Deferred Sales Load
-- 1.24%
3 Yr Expense Projection
0 --
5 Yr Expense Projection
0 --
10 Yr Expense Projection
0 --

Management Information

Aidan Brandt is a portfolio manager and research analyst in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Brandt co-manages the information technology sleeves of Fidelity Advisor Stock Selector Mid-Cap Fund, Guardian Select Mid Cap Core VIP Portfolio, and the FIAM Small Mid-Cap Core strategy. He also manages Fidelity Select Tech Hardware Portfolio. Additionally, he is responsible for covering technology hardware, communications equipment, and cybersecurity companies. Previously, he covered international consumer, the North American automotive value chain, and diversified private equity investments. He also managed Fidelity Select Automotive Portfolio. Prior to joining Fidelity, Mr. Brandt worked as an equity research associate for two summers at Shaker Investments, where he provided opportunistic long/short coverage of small- and mid-cap growth stocks. He has been in the financial industry since 2017. Mr. Brandt earned his Master of Arts with honors in international relations from the University of St. Andrews.

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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