|Expense Ratio (net)||0.76%|
|Morningstar Risk Rating||★★★|
|Last Cap Gain||0.00|
|Inception Date||Apr 28, 1998|
|Average for Category||N/A|
Fidelity Select Medical Equipment & Systems (FSMEX) a Zacks Rank #1 (Strong Buy) invests at least 80% of assets in common stocks of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies
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Investors rely on the healthcare firms to safeguard their investments as demand for its services does not vary much with market conditions