Fidelity Select Energy (FSENX)
Fidelity Select Energy operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $89.89, down 0.69% on the session, giving a market capitalisation of $2.59B. Its beta of 0.04 implies it has historically moved less than the broad market.
The fund normally invests at least 80% of assets in securities of companies principally engaged in the energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power. It 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.
Fidelity Select Energy is most often compared with the following Financial Services names: