Outline Of Fidelity Select Energy Portfolio (FSENX)
Fidelity Select Energy Portfolio (FSENX - Free Report) seeks capital appreciation. FSENX normally invests at least 80% of assets in common stocks of companies principally engaged in the energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.
This Sector - Energy product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over 5 year benchmark is 2.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
FSENX’s performance, as of the last filing, when compared to funds in its category was in the top 73% over the past 1 year, and in the top 41% over the past 3 years and in the top 26% over the past 5 years.
Fidelity Select Energy Portfolio, as of the last filing, allocates its fund in two markets: Large Value and Precious Metal. Further, as of the last filing, Exxon Mobil Corp, Chevron Corp and EOG Resources Inc were the top holdings for FSENX.
This Zacks Rank #1 (Strong Buy) was created in July 1981 and is managed by Fidelity. FSENX carries an expense ratio of 0.79% and requires a minimal initial investment of $2,500.
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