|Expense Ratio (net)||0.78%|
|Morningstar Risk Rating||Average|
|Last Cap Gain||0.00|
|Inception Date||Jul 14, 1981|
|Average for Category||N/A|
Instead, as has been the case year-long, actively managed funds, especially actively managed sector funds, offer a compelling way to net the best of both the risk management and return potential worlds. Fidelity has the broadest array of actively managed sector funds available — and they also have the lowest cost, commission-free sector ETFs. My approach: Buy the Fidelity Select Banking Fund (MUTF:FSRBX) and hold on to it.