FSMEX: Fidelity® Select Medical Technology and Devices Portfolio - MutualFunds.com
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Fidelity® Select Medical Tech and Devcs

FSMEX - Snapshot

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return 25.8%
  • 5 Yr Annualized Return 23.4%
  • Net Assets $9.37 B
  • Holdings in Top 10 54.2%

52 WEEK LOW AND HIGH

$74.57
$57.53
$80.96

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.70%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 58.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Mar 29, 2019
  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification

Compare FSMEX to Popular Health Care Sector Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Health Care Fund

Fund

$221.82

+0.73%

$48.83 B

0.98%

$2.16

2.83%

0.32%

Health Care Select Sector SPDR® Fund

XLV | ETF

$124.07

+0.69%

$25.62 B

1.38%

$1.70

9.37%

0.13%

T. Rowe Price Health Sciences Fund

Fund

$101.44

+0.96%

$18.28 B

-

$0.00

2.62%

0.76%

Vanguard Health Care Index Fund

Fund

$120.04

+0.75%

$17.05 B

1.22%

$1.45

7.26%

0.10%

Vanguard Health Care Index Fund

VHT | ETF

$240.15

+0.85%

$17.05 B

1.22%

$2.90

7.34%

0.10%

FSMEX - Profile

Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return 25.8%
  • 5 Yr Annualized Total Return 23.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio -0.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity® Select Medical Technology and Devices Portfolio
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Apr 28, 1998
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edward Yoon

Fund Description

The fund normally invests at least 80% of its assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment, devices, and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. The fund is non-diversified.

FSMEX - Performance

Return Ranking - Trailing

Period FSMEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -15.6% 17.3% 49.42%
1 Yr 46.9% 8.3% 127.5% 10.71%
3 Yr 25.8%* 5.9% 54.9% 4.73%
5 Yr 23.4%* 3.8% 40.4% 6.47%
10 Yr 18.8%* 8.5% 19.1% 4.07%

* Annualized

Return Ranking - Calendar

Period FSMEX Return Category Return Low Category Return High Rank in Category (%)
2020 21.0% -13.6% 178.2% 27.95%
2019 27.3% 3.8% 63.8% 15.86%
2018 7.7% -49.7% 21.5% 3.65%
2017 19.2% -59.8% 54.4% 48.15%
2016 2.6% -36.6% 11.6% 3.91%

Total Return Ranking - Trailing

Period FSMEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -15.6% 17.3% 49.42%
1 Yr 46.9% 5.9% 127.5% 10.12%
3 Yr 25.8%* 5.9% 54.9% 4.73%
5 Yr 23.4%* 3.8% 40.4% 5.76%
10 Yr 18.8%* 8.4% 19.1% 4.07%

* Annualized

Total Return Ranking - Calendar

Period FSMEX Return Category Return Low Category Return High Rank in Category (%)
2020 21.0% -13.6% 178.2% 27.95%
2019 27.3% 3.8% 63.8% 15.86%
2018 12.3% -25.3% 22.2% 2.19%
2017 26.7% -10.8% 54.4% 19.26%
2016 8.7% -36.6% 11.6% 2.34%

NAV & Total Return History

FSMEX - Holdings

Concentration Analysis

FSMEX Category Low Category High FSMEX % Rank
Net Assets 9.37 B 6.56 M 48.8 B 9.83%
Number of Holdings 73 26 450 71.10%
Net Assets in Top 10 4.69 B 1.63 M 19.3 B 5.78%
Weighting of Top 10 54.21% 8.6% 78.1% 9.25%

Top 10 Holdings

  1. Thermo Fisher Scientific Inc 10.55%
  2. Danaher Corp 10.41%
  3. Boston Scientific Corp 7.59%
  4. Intuitive Surgical Inc 5.09%
  5. Intuitive Surgical Inc 5.09%
  6. Intuitive Surgical Inc 5.09%
  7. Intuitive Surgical Inc 5.09%
  8. Intuitive Surgical Inc 5.09%
  9. Intuitive Surgical Inc 5.09%
  10. Intuitive Surgical Inc 5.09%

Asset Allocation

Weighting Return Low Return High FSMEX % Rank
Stocks 		98.37% 82.66% 105.23% 66.47%
Other 		1.31% -26.63% 10.48% 13.87%
Cash 		0.32% -0.23% 17.34% 64.74%
Preferred Stocks 		0.00% 0.00% 5.58% 15.03%
Convertible Bonds 		0.00% 0.00% 0.02% 6.36%
Bonds 		0.00% 0.00% 18.37% 9.25%

Stock Sector Breakdown

Weighting Return Low Return High FSMEX % Rank
Healthcare 		97.88% 63.71% 100.00% 76.30%
Basic Materials 		1.17% 0.00% 3.41% 6.94%
Technology 		0.88% 0.00% 19.82% 9.25%
Financial Services 		0.08% 0.00% 3.73% 38.73%
Utilities 		0.00% 0.00% 0.00% 5.78%
Real Estate 		0.00% 0.00% 6.18% 11.56%
Industrials 		0.00% 0.00% 6.41% 15.03%
Energy 		0.00% 0.00% 0.00% 5.78%
Communication Services 		0.00% 0.00% 8.10% 9.83%
Consumer Defense 		0.00% 0.00% 30.57% 8.09%
Consumer Cyclical 		0.00% 0.00% 13.89% 15.61%

Stock Geographic Breakdown

Weighting Return Low Return High FSMEX % Rank
US 		91.69% 58.55% 101.51% 24.86%
Non US 		6.68% 0.00% 39.60% 74.57%

FSMEX - Expenses

Operational Fees

FSMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.08% 25.14% 73.96%
Management Fee 0.53% 0.00% 1.25% 24.28%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

FSMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FSMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 75.61%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FSMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 58.00% 0.70% 252.00% 70.12%

FSMEX - Distributions

Dividend Yield Analysis

FSMEX Category Low Category High FSMEX % Rank
Dividend Yield 0.00% 0.00% 0.96% 19.08%

Dividend Distribution Analysis

FSMEX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

FSMEX Category Low Category High FSMEX % Rank
Net Income Ratio -0.36% -2.53% 1.74% 74.71%

Capital Gain Distribution Analysis

FSMEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

FSMEX - Fund Manager Analysis

Managers

Edward Yoon

Start Date

Tenure

Tenure Rank

May 01, 2007

14.01

14.0%

Edward (Eddie) Yoon is a sector leader and portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Yoon is responsible for the coverage of health care equipment and supplies stocks, and serves as the health care sector leader. Additionally, he manages several funds including Fidelity Advisor Health Care Fund, Fidelity and Fidelity Advisor Stock Selector Mid Cap Fund, Fidelity and Fidelity Advisor All Cap Fund, Fidelity Select Health Care Portfolio, and Fidelity Select Medical Technology and Devices Portfolio. Prior to joining Fidelity in 2006, Mr. Yoon worked on the health care team at JPMorgan Asset Management. He has been in the financial industry since 2002. Mr. Yoon earned his bachelor of arts degree in business economics from Brown University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 23.64 7.44 21.01

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