Fund Description

Fidelity Select Energy Service fund was incepted in December 16, 1985 and is managed by Fidelity Group. The objective of the fund is to seek capital appreciation. This specialty natural resources fund invests at least 80% of assets in common stocks of companies principally engaged in the energy service field, including those that provide services and equipment to the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power. The fund offers dividends and capital gains twice a year in April and December.