Fidelity Select Technology Portfolio

Frequently Asked Questions About FSPTX

What does FSPTX invest in?

This portfolio primarily allocates capital to common equity shares. It typically commits a minimum of 80% of its total assets to businesses that are predominantly involved in creating, deploying, or developing products, processes, or services, or those expected to benefit considerably from advancements and improvements in technology. The fund seeks opportunities among both U.S. and international issuers. Investment selections are guided by a thorough fundamental analysis, evaluating aspects such as a company's financial strength, its standing within its industry, and prevailing market and economic conditions. This is a non-diversified investment vehicle.

What is the expense ratio of FSPTX?

Fidelity Select Technology Portfolio (FSPTX) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSPTX?

Fidelity Select Technology Portfolio (FSPTX) manages $23.43B 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 FSPTX actively managed or an index fund?

FSPTX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FSPTX's is 0.61%) in exchange for the discretion to over- or under-weight positions.

When was FSPTX launched?

Fidelity Select Technology Portfolio (FSPTX) launched in July 1981 and is managed by Fidelity.

How has FSPTX performed?

FSPTX'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.