Fidelity Select Environmental and Alternative Energy Ptf (FSLEX)
Fidelity Select Environmental and Alternative Energy Ptf operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $51.28, up 0.57% on the session, giving a market capitalisation of $706.4M. Its beta of 1.16 implies it has historically moved more than the broad market.
This portfolio typically directs at least 80% of its capital towards businesses whose principal activities are centered on sustainable and alternative energy solutions, enhancing energy efficiency, mitigating pollution, developing water systems, waste processing and recycling technologies, or providing other ancillary environmental support services. Its primary holdings are common shares. The fund is authorized to invest in both U.S.-based and international entities. Investment decisions are guided by a thorough fundamental analysis, evaluating aspects such as each company's fiscal health, industry presence, and prevailing market and economic conditions. This fund operates on a non-diversified basis.
Fidelity Select Environmental and Alternative Energy Ptf is most often compared with the following Financial Services names: