- What does FSPHX invest in?
- This fund, known as Fidelity Select Health Care Portfolio (FSPHX), primarily focuses its investments within the medical and healthcare industries. It allocates a substantial majority—at least 80%—of its total assets to companies actively involved in the creation, production, or distribution of goods and services integral to health and medicine. The portfolio predominantly holds equity shares, including those from both U.S. and international firms. Investment selections are made through a meticulous fundamental analysis process, evaluating aspects such as each company's financial health, its competitive position within its sector, and the broader economic and market environments. It's classified as a non-diversified fund, indicating a potentially more concentrated portfolio than diversified funds.
- What is the expense ratio of FSPHX?
- Fidelity Select Health Care Portfolio (FSPHX) charges an expense ratio of 0.62%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FSPHX?
- Fidelity Select Health Care Portfolio (FSPHX) manages $7.09B 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 FSPHX actively managed or an index fund?
- FSPHX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FSPHX launched?
- Fidelity Select Health Care Portfolio (FSPHX) launched in July 1981 and is managed by Fidelity.
- How has FSPHX performed?
- FSPHX'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.
