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Fidelity Select Semiconductors (FSELX)

35.10 +0.44 (+1.27%)
At close: 8:01 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 19.8B
YTD Return 38.35%
Yield 0.07%
Morningstar Rating
Inception Date Jul 29, 1985

Fund Operations

Last Dividend 0.02
Last Cap Gain 45.00
Holdings Turnover 32.00%
Average for Category --

Fees & Expenses

Expense FSELX Category Average
Annual Report Expense Ratio (net) 0.65% 1.05%
Prospectus Net Expense Ratio 0.65% --
Prospectus Gross Expense Ratio 0.65% --
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

Adam Benjamin is a co-manager of Semiconductors Portfolio, which he has managed since March 2020. He also manages other funds Since joining Fidelity Investments in 2011, Mr. Benjamin has worked as a research analyst and portfolio manager.Mr. Benjamin assumed his current role in 2014 and has been following the Technology sector for over 15 years.

Morningstar Style Box

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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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