Fidelity Select Health Care Portfolio (FSPHX)
Fidelity Select Health Care Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $29.96, down 0.10% on the session, giving a market capitalisation of $6.98B. Its beta of 0.64 implies it has historically moved less than the broad market.
This fund, known as Fidelity Select Health Care Portfolio (FSPHX), primarily focuses its investments within the medical and healthcare industries. It allocates a substantial majority—at least 80%—of its total assets to companies actively involved in the creation, production, or distribution of goods and services integral to health and medicine. The portfolio predominantly holds equity shares, including those from both U.S. and international firms. Investment selections are made through a meticulous fundamental analysis process, evaluating aspects such as each company's financial health, its competitive position within its sector, and the broader economic and market environments. It's classified as a non-diversified fund, indicating a potentially more concentrated portfolio than diversified funds.
Fidelity Select Health Care Portfolio is most often compared with the following Financial Services names: