Fidelity® Select Medical Tech and Devcs
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
$57.39
$7.45 B
0.00%
$0.00
0.68%
Vitals
YTD Return
-31.0%
1 yr return
-14.1%
3 Yr Avg Return
12.5%
5 Yr Avg Return
13.7%
Net Assets
$7.45 B
Holdings in Top 10
59.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 32.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Health
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
$57.39
$7.45 B
0.00%
$0.00
0.68%
FSMEX - Profile
Distributions
- YTD Total Return -31.0%
- 3 Yr Annualized Total Return 12.5%
- 5 Yr Annualized Total Return 13.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.46%
- 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 | -31.0% | -39.9% | 25.3% | 97.87% |
| 1 Yr | -14.1% | -60.2% | 11.7% | 64.91% |
| 3 Yr | 12.5%* | -10.0% | 19.7% | 39.46% |
| 5 Yr | 13.7%* | -6.4% | 16.9% | 3.50% |
| 10 Yr | 17.7%* | 6.4% | 18.5% | 1.59% |
* Annualized
Return Ranking - Calendar
| Period | FSMEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 14.2% | -79.9% | 24.2% | 9.94% |
| 2020 | 21.0% | -13.6% | 178.2% | 28.13% |
| 2019 | 27.3% | 3.8% | 63.8% | 16.08% |
| 2018 | 7.7% | -49.7% | 21.5% | 3.65% |
| 2017 | 19.2% | -59.8% | 54.4% | 48.15% |
Total Return Ranking - Trailing
| Period | FSMEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -31.0% | -46.5% | 25.3% | 92.02% |
| 1 Yr | -14.1% | -60.2% | 28.3% | 66.14% |
| 3 Yr | 12.5%* | -13.2% | 20.0% | 40.37% |
| 5 Yr | 13.7%* | -6.4% | 16.9% | 5.73% |
| 10 Yr | 17.7%* | 6.4% | 18.5% | 1.55% |
* Annualized
Total Return Ranking - Calendar
| Period | FSMEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | 14.2% | -79.9% | 24.2% | 9.94% |
| 2020 | 21.0% | -13.6% | 178.2% | 28.13% |
| 2019 | 27.3% | 3.8% | 63.8% | 16.08% |
| 2018 | 12.3% | -49.7% | 22.2% | 2.19% |
| 2017 | 26.7% | -59.8% | 54.4% | 19.26% |
NAV & Total Return History
FSMEX - Holdings
Concentration Analysis
| FSMEX | Category Low | Category High | FSMEX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.45 B | 732 K | 46.2 B | 8.51% |
| Number of Holdings | 79 | 21 | 473 | 44.66% |
| Net Assets in Top 10 | 4.63 B | 2.18 K | 21.6 B | 4.37% |
| Weighting of Top 10 | 59.73% | 12.3% | 80.8% | 10.19% |
Top 10 Holdings
- Thermo Fisher Scientific Inc 14.70%
- Danaher Corp 12.71%
- Boston Scientific Corp 9.78%
- 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 | 96.40% | 85.37% | 106.13% | 86.89% |
| Other | 3.23% | -22.99% | 3.38% | 0.97% |
| Cash | 0.36% | -0.10% | 9.01% | 55.34% |
| Preferred Stocks | 0.00% | 0.00% | 7.86% | 20.87% |
| Convertible Bonds | 0.00% | 0.00% | 0.37% | 22.33% |
| Bonds | 0.00% | 0.00% | 12.39% | 18.93% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FSMEX % Rank | |
|---|---|---|---|---|
| Healthcare | 96.50% | 59.26% | 100.00% | 87.86% |
| Basic Materials | 2.87% | 0.00% | 14.83% | 8.25% |
| Consumer Defense | 0.63% | 0.00% | 25.73% | 4.85% |
| Utilities | 0.00% | 0.00% | 0.00% | 16.50% |
| Technology | 0.00% | 0.00% | 22.69% | 22.82% |
| Real Estate | 0.00% | 0.00% | 7.13% | 21.36% |
| Industrials | 0.00% | 0.00% | 7.02% | 22.33% |
| Financial Services | 0.00% | 0.00% | 1.85% | 35.92% |
| Energy | 0.00% | 0.00% | 0.00% | 16.50% |
| Communication Services | 0.00% | 0.00% | 9.11% | 19.90% |
| Consumer Cyclical | 0.00% | 0.00% | 14.20% | 21.36% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FSMEX % Rank | |
|---|---|---|---|---|
| US | 90.20% | 53.67% | 104.41% | 30.10% |
| Non US | 6.20% | 0.00% | 45.40% | 83.01% |
FSMEX - Expenses
Operational Fees
| FSMEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.68% | 0.08% | 3.13% | 62.20% |
| Management Fee | 0.52% | 0.00% | 1.25% | 23.40% |
| 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 | 0.00% | 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 | 32.00% | 0.00% | 238.00% | 27.33% |
FSMEX - Distributions
Dividend Yield Analysis
| FSMEX | Category Low | Category High | FSMEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 9.37% | 31.28% |
Dividend Distribution Analysis
| FSMEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| FSMEX | Category Low | Category High | FSMEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.46% | -2.54% | 1.92% | 68.21% |
Capital Gain Distribution Analysis
| FSMEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2011 | $0.015 | OrdinaryDividend |
| Dec 15, 2008 | $0.005 | OrdinaryDividend |
FSMEX - Fund Manager Analysis
Managers
Edward Yoon
Start Date
Tenure
Tenure Rank
May 01, 2007
15.09
15.1%
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 |
|---|---|---|---|
| 0.02 | 24.72 | 7.54 | 2.12 |