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Fidelity Select Medcl Equip & Sys (FSMEX)

General Information  As of 11/23/2009 NAV $23.29 NAV Daily Change $0.23 % Yield .02 % SEC Yield N/A % YTD Return (as of 10/31/2009) 19.72 Objective* Equity - Sector Health Peer* HL * Key Portfolio Statistics % Unrealized Gain YTD 5.06 Net Assets (Mil $) 08/31/2009 1,134.71 % Turnover 08/31/2009 116.00 Fees % Max Sales Load .00 % Min Sales Load .00 % Max Deferred Load .00 Expenses % Max 12b-1 Fee .00 % Max Management Fee .56 % Redemption Fee .75 % Expense Ratio .87 Allocation Large Growth 15.80 Large Value .00 Small Growth 24.37 Small Value .00 Foreign Stock .00 Emerging Market .00 Precious Metals .00 Intermediate Bond 18.47 Foreign Bond .00 High Yield Bond .00 Portfolio Information Composition As of 08/31/2009 % of Net Assets Stock 97.98 Cash .00 Bonds .00 Preferred .00 Convertibles .00 Foreign Stock 1.26 Foreign Bonds .00 Hedge .00 Other 2.02 Sector / Country Weightings Sector / Country Weightings As of 08/31/2009 % of Portfolio Health 68.09 Finance 13.09 Technology 10.10 Retail Trade 2.97 Services 2.97 Non-Durable 1.59 Consumer Durables .88 Other .31 N/A N/A Portfolio Holdings Top Equity Holdings (As of 08/31/2009) % of Portfolio Value (Mil$) COVIDIEN PUBLIC LIMITED COMPA 12.07 140.87 BAXTER INTL INC 11.71 136.61 MEDTRONIC INC 8.76 102.26 BOSTON SCIENTIFIC CORP 8.61 100.46 CR BARD INCORPORATED 5.59 65.27 ST JUDE MEDICAL INC 4.06 47.40 ALLERGAN INC 3.76 43.90 FIDELITY SECS LEND CASH CENT 2.85 33.23 ILLUMINA INC 2.61 30.44 N/A N/A N/A

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Funds over the next 6 months. Zacks Rank Definition #1 Strong Buy #2 Buy #3 Hold #4 Sell #5 Strong Sell S&P 500 Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Rank Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place Zacks Premium - The only way to get access to the Zacks Rank Zacks Premium Research - NEW! Zacks Mutual Fund Rank    Find similar funds that have a Mutual Fund Rank. Find Similar Funds Now  Fund Description Incepted in April 1998 and managed by the Fidelity Group, the objective of this health fund is to seek capital appreciation. Normally the fund invests at least 80% of assets in common stocks of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies. The fund offers dividends and capital gains twice a year in April and December. Stock Holding Statistics  % of Net Assets As Of 08/31/2009 Total Issues 54 Avg. P/E 36.47 Avg. P/Book 6.7 Avg. EPS Growth 12.44 Avg. Market Value (Mil $) 16,199 Risk 3 Year 5 Year 10 Year Beta 0.73 0.74 0.53 Alpha 7.47 4.52 9.50 R Squared 0.58 0.57 0.37 Std. Dev. 18.57 15.54 14.23 Sharpe -0.05 0.13 2.00 Shareholder Information Manager Edward Yoon Since 05/07 Manager Rating * SEE EXPLANTION 7.5 Inception Date 04/28/1998 Shareholders 36,520 Dividends Paid S Minimum Initial Investment $2,500 Minimum Subsequent Investment $250 IRA Minimum $200 IRA Available Y Check Writing N Phone Invest Y Phone Exchange Y Phone Redeem Y Auto Invest Y Wire Redeem Y Wire Fee Y Wire Transfer Y Contact Information Family Fidelity Address 82 Devonshire St Boston, MA 02109 Phone 800 544-6666