Mutual Fund Insights: Fidelity Select IT Services Fund (FBSOX)

In-depth Analysis of Fidelity Select IT Services Fund (FBSOX)

3 months 6 months 1 year 3 year 5 year

See Fidelity Select IT Services Fund (FBSOX) performance details as of January 31, 2010

  

Last Trade: $18.42 on 3/17/2010, Change: +0.10 (0.55%)

  

Fund Manager - Kyle Weaver

Fund Manager Tenure: 1.1 years
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)

Kyle Weaver is a portfolio manager with Fidelity.Prior to joining Fidelity Investments in May 2008 as a research analyst, Mr. Weaver was a research analyst and portfolio manager for RiverSource Investments, LLC, covering the IT Services, Consumer Retail and Telecommunications sectors since 2002.  Get more insights on Kyle Weaver

  

 What we like about Fidelity Select IT Services Fund (FBSOX)

Data for Fidelity Select IT Services Fund (FBSOX) as of January 31, 2010

• Fidelity Select IT Services Fund (FBSOX) has good short-term performance (1-year return 61.19% vs 54.19% Miscellaneous Sector category average)
• Fidelity Select IT Services Fund (FBSOX) has good mid-term performance (3-year return 4.10% vs -3.06% Miscellaneous Sector category average)
• Fidelity Select IT Services Fund (FBSOX) has good Long-term performance (5-year return 7.58% vs 2.52% Miscellaneous Sector category average)
• Fidelity Select IT Services Fund (FBSOX) ratio of up-years vs down years is greater than 2
• Fidelity Select IT Services Fund (FBSOX) is less volatile than its peers as it has a 3-year Standard Deviation of 24.05, lower than category average of 30.77
• Fidelity Select IT Services Fund (FBSOX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Fidelity Select IT Services Fund (FBSOX)

Data for Fidelity Select IT Services Fund (FBSOX) as of January 31, 2010

• Fidelity Select IT Services Fund (FBSOX) management has been with Fidelity Select IT Services Fund for only 1.1 years, it is hard to judge manager's ability based on this fund's operation record
• Fidelity Select IT Services Fund is a focused fund with 63.58% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Fidelity Select IT Services Fund (FBSOX) has an annual stock turnover rate of 140.00% that is higher than the Miscellaneous Sector average of 117.63%. This could mean Fidelity Select IT Services is more nimble, but also signal potential high tax impact and high trading fees
• Fidelity Select IT Services Fund (FBSOX) has a higher management fee of 1.00% than its Miscellaneous Sector average of 0.96%

See Fidelity Select IT Services Fund (FBSOX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Miscellaneous Sector category?

Below are some additional Miscellaneous Sector mutual funds generated out of our database

• See top fund managers for Miscellaneous Sector Category Funds
• Browse other funds in Miscellaneous Sector Category

  

Fidelity Select IT Services Fund (FBSOX) Net Asset

Track net asset change of Fidelity Select IT Services fund (FBSOX)

Date	Net Asset
01/2010	$109.80M
11/2009	$99.40M
10/2009	$80.95M

More historic net asset information on Fidelity Select IT Services Fund (FBSOX)

  

Fidelity Select IT Services Fund (FBSOX) Portfolio Allocation

Track portfolio allocation change of Fidelity Select IT Services fund (FBSOX)

Date	Cash	Stock	Bond	Other
10/2009	0.6%	99.4%	0%	0%
09/2009	0.69%	99.31%	0%	0%
08/2009	2.09%	97.9%	0%	0%

Click here to see more historic asset allocation information on Fidelity Select IT Services Fund (FBSOX)

  

Most Recent Top 10 Holdings in Fidelity Select IT Services Fund (FBSOX)

Discover what Fidelity Select IT Services Fund (FBSOX) manager is buying

31-Oct-09 VISA INC. [19.89%] ACCENTURE PLC. [10.09%] FIDELITY NAT INF SVC [6.34%] ALLIANCE DATA SYS CP [5.71%] AFFILIATED COMP SVCS [5.27%] Cognizant Technology Solutions [4.91%] Automatic Data Processing, Inc. [4.78%] MASTERCARD INC [4.49%] WRIGHT EXPRESS CORP [4.47%] HEWITT ASSOC INC A [3.13%]

30-Sep-09 VISA INC. [17.69%] ACCENTURE PLC. [11.49%] AFFILIATED COMP SVCS [7.86%] ALLIANCE DATA SYS CP [6.47%] Cognizant Technology Solutions [5.92%] FIDELITY NAT INF SVC [4.58%] MASTERCARD INC [4.52%] Automatic Data Processing, Inc. [3.74%] HEWITT ASSOC INC A [3.41%] VANCEINFO TECH ADS [3.34%]

31-Aug-09 VISA INC. [17.92%] Accenture Ltd Berm [10.33%] AFFILIATED COMP SVCS [6.88%] ALLIANCE DATA SYS CP [5.8%] Cognizant Technology Solutions [5.51%] FIDELITY NAT INF SVC [4.89%] MASTERCARD INC [4.79%] [4.77%] Automatic Data Processing, Inc. [3.86%] HEWITT ASSOC INC A [3.74%]

Click here for Stock Holding Change Map in Fidelity Select IT Services Fund (FBSOX)

  

Related books and products to Fidelity Select IT Services Fund (FBSOX)

  

Latest News on Fidelity Select IT Services (FBSOX)

See what is happening with Fidelity Select IT Services Fund (FBSOX)

Peter Brimelow: Buy-and-hold still alive and kicking (at MarketWatch) See more news on Fidelity Select IT Services Fund (FBSOX)

 

Books and Resources

 

 

See more information on Fidelity Select IT Services Fund (FBSOX)

• Fidelity Select IT Services Fund Insights
• Fidelity Select IT Services Fund Performance Data
• Fidelity Select IT Services Fund News
• Fidelity Select IT Services Fund Score Explaination
• Fidelity Select IT Services Fund Manager Information
• Historic Fidelity Select IT Services Fund Asset Allocation Report
• Historic Fidelity Select IT Services Fund Top 10 Holding Tracking
• Historic Fidelity Select IT Services Fund Asset Under Management Tracking