Fidelity Select Financial Services (FIDSX)
Fidelity Select Financial Services operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $17.81, up 0.85% on the session, giving a market capitalisation of $1.17B. Its beta of 0.92 implies it has historically moved less than the broad market.
This fund primarily targets companies that provide financial services to both individual consumers and industrial clients. Typically, at least 80% of its assets are dedicated to securities issued by such firms, with its holdings consisting mainly of common equities. The portfolio may include companies located both domestically and internationally. Investment selections are driven by a fundamental analysis approach, which involves evaluating an issuer's financial strength, competitive position in its sector, and prevailing market and economic conditions. It is important to note that the fund operates as a non-diversified portfolio.
Fidelity Select Financial Services is most often compared with the following Financial Services names: