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Fidelity® Select Biotechnology

FBIOX
178.66
+3.62
+2.07%
5/24/2016
5 Years
  • Previous Close

    175.04

  • Net Assets

    10.36B

  • Yield

    0.00%

  • Front load

    None

  • Expenses

    0.73%

  • Category

    Health

  • Morningstar Risk

    High

  • Morningstar Rating ★★★
Profile

Name of Issuer

Fidelity Investments

Fund Style

Open

Fund Manager

Rajiv Kaul

Investment Style

Medium Growth

The investment seeks capital appreciation. The fund invests primarily in common stocks. It normally invests at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, and distribution of various biotechnological products, services, and processes and companies that benefit significantly from scientific and technological advances in biotechnology. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.

Purchase Information

Initial Purchase 2,500
Initial Purchase: IRA 2,500
Initial Purchase: AIP NA

Inception

12/16/1985

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