Back to top

Fidelity Select Financial Services Portfolio Fund (FIDSX) in Focus

Read MoreHide Full Article

Fidelity Select Financial Services Portfolio (FIDSX - Free Report) a Zacks Rank #1 (Strong Buy) invests at least 80% of assets in common stocks of companies principally engaged in providing financial services to consumers and industry.

This Sector - Finance fund, as of the last filing, allocates their fund in two major groups; Large Value and Small Value. Further, as of the last filing, BERKSHIRE HATHAWAY INC CL, BANK OF AMERICA CORP and WELLS FARGO & CO were the top holdings for FIDSX.

The Fidelity Select Financial Services Portfolio fund, managed by American Cent, carries an expense ratio of 0.75%. Moreover, FIDSX requires a minimal initial investment of $2,500.

FIDSX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 38.78%, 3 year 10.03% and 5 year 13.85%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

FIDSX’s performance, as of the last filing, when compared to funds in its category was in the top 50% in 1 year, top 44% over the past 3 years, and in the 47% over the past 5 years.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Fidelity Select Financial Services (FIDSX) - free report >>

More from Zacks Best of Funds

You May Like