Credit: Shutterstock photoFidelity Select Software & IT Services Portfolio Fund ( FSCSX ) seeks capital appreciation. FSCSX normally invests at least 80% of assets in common stocks of companies principally engaged in research, design, production, or distribution of products or processes that relate to software or information-based services.
This Sector - Tech product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 16.9% and 5 year 18.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
FSCSX's performance, as of the last filing, when compared to funds in its category was in the top 46% over the past 1 year, and in the top 30% over the past 3 years and in the top 9% over the past 5 years.
The Fidelity Select Software & IT Services Portfolio fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Foreign Bond. Further, as of the last filing, Alphabet Inc, Microsoft Corp and Facebook Inc were the top holdings for FSCSX.
This Zacks Rank #2 (Buy) was incepted in July 1985 and is managed by Fidelity . FSCSX carries an expense ratio of 0.76% and requires a minimal initial investment of $2,500.
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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.
