Fidelity® Select Medical Tech and Devcs
- FSMEX
- Price as of: Jan 20, 2021
-
$77.47
N/A N/A
- Primary Theme
- Health Care Sector Equity
- Fund Company
- Fidelity Investments
- Share Class
FSMEX - Snapshot
Vitals
- YTD Return 7.6%
- 3 Yr Annualized Return 25.1%
- 5 Yr Annualized Return 21.9%
- Net Assets $8.19 B
- Holdings in Top 10 54.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.71%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 35.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA $2,500
Fund Classification
-
Primary Theme
Health Care Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Health
FSMEX - Profile
Distributions
- YTD Total Return 7.6%
- 3 Yr Annualized Total Return 25.1%
- 5 Yr Annualized Total Return 21.9%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.15%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameFidelity® Select Medical Technology and Devices Portfolio
-
Fund Family NameFidelity Investments
-
Inception DateApr 28, 1998
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEdward 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 | 7.6% | 0.6% | 17.5% | 17.44% |
1 Yr | 30.0% | 3.0% | 180.5% | 30.67% |
3 Yr | 25.1%* | 3.8% | 59.5% | 5.59% |
5 Yr | 21.9%* | 1.0% | 36.9% | 3.57% |
10 Yr | 19.2%* | 9.8% | 21.3% | 13.01% |
* 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% | 47.41% |
2016 | 2.6% | -36.6% | 11.6% | 3.88% |
Total Return Ranking - Trailing
Period | FSMEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.6% | 0.6% | 20.6% | 20.35% |
1 Yr | 30.0% | -2.3% | 180.5% | 27.61% |
3 Yr | 25.1%* | 2.4% | 59.5% | 5.59% |
5 Yr | 21.9%* | 1.0% | 36.9% | 3.57% |
10 Yr | 19.2%* | 9.8% | 21.3% | 11.38% |
* 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% | 18.52% |
2016 | 8.7% | -36.6% | 11.6% | 2.33% |
NAV & Total Return History
FSMEX - Holdings
Concentration Analysis
FSMEX | Category Low | Category High | FSMEX % Rank | |
---|---|---|---|---|
Net Assets | 8.19 B | 6.3 M | 49 B | 10.47% |
Number of Holdings | 67 | 24 | 452 | 73.84% |
Net Assets in Top 10 | 4.25 B | 1.2 M | 19.6 B | 6.40% |
Weighting of Top 10 | 54.13% | 8.8% | 76.9% | 10.47% |
Top 10 Holdings
- Thermo Fisher Scientific Inc 12.33%
- Danaher Corp 11.46%
- Boston Scientific Corp 5.24%
- Intuitive Surgical Inc 5.09%
- Intuitive Surgical Inc 5.09%
- Intuitive Surgical Inc 5.09%
- Intuitive Surgical Inc 5.09%
- Intuitive Surgical Inc 5.09%
- Intuitive Surgical Inc 5.09%
- Intuitive Surgical Inc 5.09%
Asset Allocation
Weighting | Return Low | Return High | FSMEX % Rank | |
---|---|---|---|---|
Stocks | 98.47% | 77.04% | 104.32% | 47.09% |
Other | 1.16% | -27.80% | 10.43% | 19.77% |
Cash | 0.37% | -0.10% | 12.53% | 66.86% |
Preferred Stocks | 0.00% | 0.00% | 5.23% | 26.74% |
Convertible Bonds | 0.00% | 0.00% | 0.06% | 17.44% |
Bonds | 0.00% | 0.00% | 19.34% | 22.09% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FSMEX % Rank | |
---|---|---|---|---|
Healthcare | 97.81% | 61.64% | 100.00% | 80.23% |
Technology | 1.25% | 0.00% | 15.86% | 6.98% |
Financial Services | 0.59% | 0.00% | 4.10% | 16.28% |
Basic Materials | 0.35% | 0.00% | 3.30% | 23.26% |
Utilities | 0.00% | 0.00% | 0.03% | 16.86% |
Real Estate | 0.00% | 0.00% | 5.95% | 22.67% |
Industrials | 0.00% | 0.00% | 5.94% | 26.16% |
Energy | 0.00% | 0.00% | 0.03% | 17.44% |
Communication Services | 0.00% | 0.00% | 4.69% | 20.35% |
Consumer Defense | 0.00% | 0.00% | 33.59% | 23.26% |
Consumer Cyclical | 0.00% | 0.00% | 1.19% | 26.16% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FSMEX % Rank | |
---|---|---|---|---|
US | 91.05% | 56.44% | 100.00% | 22.67% |
Non US | 7.42% | 0.00% | 41.69% | 77.33% |
FSMEX - Expenses
Operational Fees
FSMEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.71% | 0.08% | 25.14% | 75.45% |
Management Fee | 0.54% | 0.00% | 1.25% | 29.07% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.40% | 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 | 35.00% | 0.70% | 252.00% | 38.41% |
FSMEX - Distributions
Dividend Yield Analysis
FSMEX | Category Low | Category High | FSMEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.03% | 29.65% |
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 | -0.15% | -2.53% | 1.74% | 58.93% |
Capital Gain Distribution Analysis
FSMEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
FSMEX - Fund Manager Analysis
Managers
Edward Yoon
Start Date
Tenure
Tenure Rank
May 01, 2007
13.68
13.7%
Edward Yoon is a manager. Since joining Fidelity Investments in 2006, Mr. Yoon has served as a research analyst and portfolio manager. Prior to joining Fidelity, he worked for JPMorgan Asset Management as a research analyst and co-fund manager from 2002 until 2006. Mr. Yoon received a BA in business economics from Brown University in 2002.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 23.31 | 7.3 | 20.68 |