Fidelity Select Telecommunications Portfolio

Frequently Asked Questions About FSTCX

What does FSTCX invest in?

This fund primarily focuses its capital on common stocks. It typically commits at least 80% of its total assets to enterprises involved in the development, production, or distribution of telecommunications services. The portfolio holds investments in both U.S. and international companies. Investment choices are guided by a thorough fundamental analysis, which evaluates factors like an issuer's financial health, its industry standing, and broader market and economic conditions. This is considered a non-diversified fund.

What is the expense ratio of FSTCX?

Fidelity Select Telecommunications Portfolio (FSTCX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSTCX?

Fidelity Select Telecommunications Portfolio (FSTCX) manages $234.2M 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 FSTCX actively managed or an index fund?

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

When was FSTCX launched?

Fidelity Select Telecommunications Portfolio (FSTCX) launched in July 1985 and is managed by Fidelity.

How has FSTCX performed?

FSTCX'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.