|Expense Ratio (net)||0.76%|
|Morningstar Risk Rating||★★★|
|Last Cap Gain||0.00|
|Inception Date||Dec 10, 1981|
|Average for Category||N/A|
Better-than-expected earnings performances for certain sectors calls for investment in mutual funds which have significant exposure to these sectors.
Higher interest rates and lighter regulations are expected to benefit financial companies, making investment in sound financial mutual funds judicious
Fidelity Select Financial Services Portfolio (FIDSX) a Zacks Rank #1 (Strong Buy) seek capital appreciation.
Fidelity Select Financial Services Portfolio (FIDSX) 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
Rising hopes of better economic growth are expected to have a positive impact on mutual funds with significant exposure to Dow components.
Invest in mutual funds that have sufficient exposure in healthcare, professional and business services, and construction companies, that led the way for job creation.
Rising hopes of higher economic growth and strong financial position of blue-chip companies are expected to have a positive impact on mutual funds.