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    Fidelity Select Medical Equip & Systems (FSMEX)

    36.34 Up 0.71(1.99%) Sep 2

    Profile as of Jul 30, 2015Get Profile for:
    Fidelity Select Medical Equip & Systems
    Fidelity Select Portfolios82 Devonshire StreetBoston MA 02109
    Map
    Phone: 800-544-8544
    Fund Overview 
    Category:Health
    Fund Family:Fidelity Investments
    Net Assets:2.19B
    Year-to-Date Return:11.48%
    Yield:0.10%
    Morningstar Rating:2 stars
    Fund Inception Date:Apr 28, 1998
    Morningstar Style Box 
    Health
    [View Category Definition]
    View Top Health Funds
    About the Morningstar Style Box
    Management Information 
    Edward L. Yoon
    Lead Manager since May 1, 2007
    Edward Yoon is a manager. Since joining Fidelity Investments in 2006, Mr. Yoon has served as a research analyst and portfolio manager. Prior to joining Fidelity, he worked for JPMorgan Asset Management as a research analyst and co-fund manager from 2002 until 2006. Mr. Yoon received a BA in business economics from Brown University in 2002.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:2,500
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    FSMEX can be purchased from 90 brokerages.

    Fund Summary 
    The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies. It invests primarily in common stocks. 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.

    Fund Operations 
    Last Dividend : 0.00
    Last Cap Gain (Apr 9, 2015) : 0.00
    Annual Holdings Turnover (Aug 31, 2015) : 106.00%
    Average for Category:44.93%
    Fees & Expenses 
    ExpenseFSMEXCategory Avg
    Annual Report Expense Ratio (net):0.77%1.35%
    Prospectus Net Expense Ratio:0.77%N/A
    Prospectus Gross Expense Ratio:0.77%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.28%
    Max Deferred Sales Load: N/A2.37%
    3 Yr Expense Projection*:246589
    5 Yr Expense Projection*:428905
    10 Yr Expense Projection*:9541,780
    * Per $10,000 invested