Fidelity Select Software & IT Services Portfolio

Frequently Asked Questions About FSCSX

What does FSCSX invest in?

This fund primarily allocates its capital to common stocks. A significant portion—at least 80% of its assets—is dedicated to companies actively involved in the development, engineering, production, or distribution of software and information technology (IT) services. Its investments are not limited by geography, encompassing both domestic and international issuers. To identify suitable opportunities, the fund employs a rigorous fundamental analysis. This involves scrutinizing factors like each company's financial health, its competitive standing within its industry, and the broader economic and market conditions. Notably, this fund operates as a non-diversified portfolio.

What is the expense ratio of FSCSX?

Fidelity Select Software & IT Services Portfolio (FSCSX) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSCSX?

Fidelity Select Software & IT Services Portfolio (FSCSX) manages $6.67B 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 FSCSX actively managed or an index fund?

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

When was FSCSX launched?

Fidelity Select Software & IT Services Portfolio (FSCSX) launched in July 1985 and is managed by Fidelity.

How has FSCSX performed?

FSCSX'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.