Fidelity Select Materials Portfolio

Frequently Asked Questions About FMFTX

What does FMFTX invest in?

This portfolio predominantly allocates its capital to common stocks. A significant portion, specifically no less than 80% of its assets, targets companies chiefly engaged in the creation, extraction, refinement, or supply of fundamental materials and partially finished products. This fund seeks out opportunities across both domestic and international markets. Investment choices are informed by a rigorous fundamental analysis, evaluating an issuer's financial stability, its competitive position in the industry, and overarching market and economic landscapes. It operates as a non-diversified investment vehicle.

What is the expense ratio of FMFTX?

Fidelity Select Materials Portfolio (FMFTX) charges an expense ratio of 1.24%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FMFTX?

Fidelity Select Materials Portfolio (FMFTX) manages $802.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FMFTX actively managed or an index fund?

FMFTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FMFTX launched?

Fidelity Select Materials Portfolio (FMFTX) launched in December 2005 and is managed by Fidelity.

How has FMFTX performed?

FMFTX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.