- What does FSVLX invest in?
- The fund normally invests at least 80% of assets in securities of companies principally engaged in providing products and services in fintech. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
- What is the expense ratio of FSVLX?
- Fidelity Select FinTech Portfolio (FSVLX) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FSVLX?
- Fidelity Select FinTech Portfolio (FSVLX) manages $81.3M 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 FSVLX actively managed or an index fund?
- FSVLX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FSVLX launched?
- Fidelity Select FinTech Portfolio (FSVLX) launched in December 1985 and is managed by Fidelity.
- How has FSVLX performed?
- FSVLX'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.
