|Expense Ratio (net)||0.78%|
|Morningstar Risk Rating||★★★|
|Last Cap Gain||0.00|
|Inception Date||Jul 14, 1981|
|Average for Category||N/A|
A solid earnings forecast for the energy sector in Q1, calls for investment in some buy-ranked mutual funds from this sector.
Fidelity Select Energy (FSENX) a Zacks Rank #1 (Strong Buy) invests a large portion of its assets in common stocks of companies principally engaged in the energy field
Oil prices spiked on OPEC's preliminary agreement to trim oil output in 8 years, hence, buy energy mutual funds