| Ticker: | FSELX |
| Manager: | Stephen Barwikowski |
| Manager Since: | 01/09 |
| NAV (05/17/2013): | 54 |
| Objective: | Equity - Sector Technology |
| Peer: | TC MG |
| Net Assets ($mil): | 891.89 |
| Inception: | 07/29/1985 |
FSELX : Description
Fidelity Select Electronics Portfolio was incepted in July 1985 and is managed by Fidelity group. The objective of the fund is to seek capital appreciation. The fund normally invests at least 80% of assets in common stocks of companies principally engaged in the design, manufacture, or sale of electronic components (semiconductors, connectors, printed circuit boards, and other components); equipment vendors to electronic component manufacturers; electronic component distributors; and electronic instruments and electronic systems vendors. The fund offers dividends and capital gains twice a year in April and December.
FSELX : Composition - 05/13
| Stocks | 93.57% |
| Foreign Stocks | 1.31% |
| Cash | 8.93% |
| Bonds | 0.00% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 2.13% |
| Other | -4.63% |
| Foreign Hedged | 0.00% |
FSELX : Style Analysis - 05/13
| Large Growth | 31.62% |
| Large Value | 0.00% |
| Small Growth | 14.34% |
| Small Value | 0.00% |
| Foreign Stock | 31.62% |
| Emerging Market | 0.00% |
| Precious Metals | 2.18% |
| Intermediate Bond | 14.38% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
FSELX : Risk Analysis
| Beta v. S&P 500 | 1.27 |
| Beta v. EAFE | 0.04 |
| Beta v. Barclays Agg Bond | -0.41 |
| Alpha 3 Yr | -9.65 |
| Alpha 5 Yr | 0.15 |
| R-Sq 3 Yr | 0.71 |
| R-Sq 5 Yr | 0.72 |
| Std Dev 3 Yr | 24.03 |
| Std Dev 5 Yr | 28.86 |
| Sharpe 3 Yr | 0.32 |
| Sharpe 5 Yr | 0.31 |
FSELX : Fees
| Expense Ratio | 0.84 |
| % Max Load | NA |
| % Min Load | NA |
| % Deferred Load | NA |
| % Redemption | 0.75 |
| % Max 12 B1 Fee | 0.00 |
| % Max Mgt Fee | 0.56 |
FSELX : Purchase Choices:
| Min Initial Investment | 2500 |
| Min Subsequent Investment | 0 |
FSELX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 41.89 | 37.78 | 43.73 | 43.83 | 45.60 | 22.65 | 41.50 | 48.37 | 44.21 | 45.65 | 54 |
| Total Return (%) | 71.89 | -9.81 | 15.74 | 0.29 | 4.67 | -49.87 | 84.99 | 16.83 | -8.49 | 3.60 | 9.97 |
| Annual Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.06 | 0.34 | 0.80 | 0.77 | 0.21 | 0.12 | 0.31 | 0.28 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 432.00 | -206.84 | 108.58 | -155.00 | -8.25 | -128.63 | 585.69 | 17.74 | -105.91 | -123.92 | -27.71 |
| Rel Performance-Obj.Ret.(%) | 199.34 | -149.58 | 98.08 | -69.52 | -114.68 | -42.94 | 256.64 | -21.53 | -7.35 | -96.19 | 27.34 |
| Ret.Quintile vs Obj(1 is best) | 1 | 5 | 1 | 5 | 5 | 4 | 1 | 4 | 3 | 5 | 2 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 3,932 | 2,921 | 2,687 | 2,045 | 1,537 | 610 | 1,202 | 1,161 | 981 | 878 | 892 |
| Annual Turnover (%) | 70.00 | 50.00 | 119.00 | 80.00 | 97.00 | 87.00 | 91.00 | 71.00 | 101.00 | 137.00 | 118.00 |
| Annual Dividend Paid ($) | 0.00 | 0.00 | 0.00 | 0.03 | 0.16 | 0.19 | 0.33 | 0.11 | 0.05 | 0.14 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
FSELX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | -1.94% | 3.74% | 18.62% | 9.97% | -1.87% | 5.00% | 4.96% | 6.51% | 4.72% | 11.93% |
| Ret. Percentile vs. Obj. (1 is best) | 84 | 35 | 13 | 22 | 69 | 76 | 61 | 76 | 50 | 43 |
FSELX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 46.78 |
| Average Price/Book | 4.70 |
| Average EPS Growth | 18.00 |
| Average Market Value | 31,991.00 |
FSELX : Stock Sector Breakout - 05/13
FSELX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| BROADCOM CORP CL A | 10.40 | 2,684,217 |
| ALTERA CORP | 7.63 | 1,969,469 |
| INTEL CORP | 6.66 | 2,844,848 |
| AVAGO TECHNOLOGIES LTD | 6.54 | 1,558,547 |
| ON SEMICONDUCTOR | 4.06 | 5,121,459 |
| INTERSIL | 5.26 | 6,167,446 |
| FREESCALE SEMICONDUCTOR INC | 4.95 | 4,472,871 |
| SKYWORKS SOLUTIONS INC | 4.77 | 1,760,179 |
| JABIL CIRCUIT INC | 5.85 | 5,165,694 |