- What does FSLBX invest in?
- The fund normally invests at least 80% of its assets in securities of companies principally engaged in the exchange of financial instruments, stock brokerage, commodity brokerage, investment banking, tax-advantaged investment or investment sales, investment management, or related investment advisory and financial decision support services. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. The fund is non-diversified.
- What is the expense ratio of FSLBX?
- Fidelity Select Brokerage & Inv Mgmt (FSLBX) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FSLBX?
- Fidelity Select Brokerage & Inv Mgmt (FSLBX) manages $872.5M 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 FSLBX actively managed or an index fund?
- FSLBX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FSLBX launched?
- Fidelity Select Brokerage & Inv Mgmt (FSLBX) launched in July 1985 and is managed by Fidelity.
- How has FSLBX performed?
- FSLBX'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.
