Fidelity Real Estate Investment Portfolio (FRESX)
Fidelity Real Estate Investment Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $39.67, down 0.33% on the session, giving a market capitalisation of $2.97B. Its beta of 1.00 implies it has historically moved more than the broad market.
This portfolio primarily allocates its capital to common equity shares. A substantial portion, specifically a minimum of 80% of its holdings, is dedicated to companies operating within the real estate sector and other ventures tied to real estate. Its investment scope extends to both U.S. and international entities. Investment decisions are guided by a thorough fundamental analysis, examining factors like a company's financial health, its standing within its industry, and broader market and economic trends. Notably, this portfolio operates as a non-diversified fund.
Fidelity Real Estate Investment Portfolio is most often compared with the following Financial Services names: