Intro Guide to the Fidelity Select Technology Fund (FSPTX)

Fidelity Select Technology ( FSPTX ) a Zacks Rank #2 (Buy) was incepted in July 14, 1981 and is managed by the Fidelity Group. The objective of FSPTX is to seek capital appreciation. Normally FSPTX invests at least 80% of assets in common stocks of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.

Fidelity Select Technology, managed by Fidelity , carries an expense ratio of 0.76%. Moreover, FSPTX requires a minimal initial investment of $2,500.

This fund, as of the last filing, allocates their fund in four major groups; Large Growth, High Yield Bond, Foreign Bond and Emerging Market. Further, as of the last filing, Alphabet, Apple and Facebook were the top holdings for FSPTX.

FSPTX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 11.94%, 3 year 9.98% and 5 year 15.48%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

FSPTX's performance, as of the last filing, when compared to funds in its category was in the top 38% in 1 year, top 30% over the past 3 years, and in the 32% over the past 5 years.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.

Want key mutual fund info delivered straight to your inbox?

Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

View All Zacks #1 Ranked Mutual Funds

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Get Your Free (FSPTX): Fund Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Other Topics

Mutual Funds

Latest Markets Videos


    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at

    Learn More