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Fidelity Select IT Services Portfolio (FBSOX) Fund Ranking and Research

Ranking, Research and Recommendation of Fidelity Select IT Services Portfolio (FBSOX) Fund

    Last Trade: $44.94 on 4/21/2017, Change: -0.02 (-0.04%)

 

Graph of Fidelity Select IT Services Portfolio Fund (FBSOX) ManagerFund Manager - Kyle Weaver

Fund Manager Information

Fund Manager Tenure: 8.2 years
Fund Family: Fidelity Investments
Fund Category: Technology
Fund Performance: May 30, 2016
Fundmojo Fund Grade: *Master* (Score: 0.9)     (What does this score mean?)
Kyle Weaver is manager of IT Services, which he has managed since February 2009. 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

 

Graph of Fidelity Select IT Services Portfolio Fund (FBSOX) ProfileFidelity Select IT Services Portfolio Fund (FBSOX) Profile

Fund Profile and Description

Fidelity Select IT Services Portfolio Fund seeks capital appreciation. Fidelity Select IT Services Portfolio Fund normally invests at least 80% of assets in securities of securities of companies principally engaged in providing information technology services. These companies may include those that provide data processing, consulting, outsourcing, temporary employment, market research or database services, printing, advertising, computer programming, credit reporting, claims collection, mailing, and photocopying, typically on a contractual or fee basis. It may invest in securities of foreign issuers. Fidelity Select IT Services Portfolio Fund is non-diversified.

 

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

Data for Fidelity Select IT Services Portfolio Fund (FBSOX) as of May 30, 2016

  • Fidelity Select IT Services Portfolio Fund (FBSOX) management has been with Fidelity Select IT Services Portfolio Fund for 8.2 years
  • Fidelity Select IT Services Portfolio Fund (FBSOX) has good short-term performance (1-year return 5.49% vs -1.99% Technology category median performance)
  • Fidelity Select IT Services Portfolio Fund (FBSOX) has good mid-term performance (3-year return 17.00% vs 13.35% Technology category median performance)
  • Fidelity Select IT Services Portfolio Fund (FBSOX) has good Long-term performance (5-year return 16.34% vs 9.50% Technology category median performance)
  • Fidelity Select IT Services Portfolio Fund (FBSOX) ratio of up-years vs down years is greater than 2
  • Fidelity Select IT Services Portfolio Fund (FBSOX) has a Morningstar rating of 4 and above
  • Asset base in Fidelity Select IT Services Portfolio Fund (FBSOX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Fidelity Select IT Services Portfolio Fund (FBSOX) has an annual stock turnover rate of 24.00% vs Technology average of 81.69%. It is good that Fidelity Select IT Services Portfolio management does not trade extensively for its return.
  • Fidelity Select IT Services Portfolio Fund (FBSOX) is less volatile than its peers as it has a 3-year Standard Deviation of 14.27, lower than category average of 15.15
  • Fidelity Select IT Services Portfolio Fund (FBSOX) has a lower expense ratio than its Technology average: 0.80% vs 1.42%
  • Fidelity Select IT Services Portfolio Fund (FBSOX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

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

Data for Fidelity Select IT Services Portfolio Fund (FBSOX) as of May 30, 2016

  • As a Technology focused fund, Fidelity Select IT Services Portfolio Fund (FBSOX) is less diversified and has inherited sector risks associated with the fund
See Fidelity Select IT Services Portfolio Fund (FBSOX) performance details as of May 30, 2016

 

What do you think?

 

Compare Fidelity Select IT Services Portfolio Fund (FBSOX)Compare with other top Technology category mutual funds

Aadditional top Technology mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Fidelity Select IT Services Portfolio3.585.4917.0016.34
Columbia Global Technology Growth A (CTCAX)1.593.1819.2411.85Compare
MFS Technology A (MTCAX)3.208.4815.7212.94Compare
AllianzGI Technology D (DGTNX)4.867.0820.4612.50Compare

See top fund managers for Technology Category Funds

 

Compare Fidelity Select IT Services Portfolio Fund (FBSOX)Compare with Technology category ETFs

Some Technology ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares North American Tech-Software (IGV)3.09%6.24%15.80%
PowerShares S&P SmallCap Info Tech ETF (PSCT)7.49%5.76%16.31%
iShares North American Tech (IGM)2.23%5.58%14.88%
SPDR Morgan Stanley Technology ETF (MTK)0.30%4.39%13.37%
Vanguard Information Technology ETF (VGT)1.95%1.19%14.39%

 

Graph of Fidelity Select IT Services Portfolio Fund (FBSOX) Net Asset TrackingFidelity Select IT Services Portfolio (FBSOX) Fund Net Asset

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

DateNet Asset
05/2016$2.13B
03/2016$2.04B
02/2016$1.89B
More historic net asset information on Fidelity Select IT Services Portfolio Fund (FBSOX)

  

Graph of Fidelity Select IT Services Portfolio Fund (FBSOX) Portfolio TrackingFidelity Select IT Services Portfolio (FBSOX) Fund Portfolio Allocation

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

DateCashStockBondOther
04/20160.71%99.29%0%0%
02/20160.8%99.2%0%0%
01/20160.31%99.69%0%0%
Click here to see more historic asset allocation information on Fidelity Select IT Services Portfolio Fund (FBSOX)

 

graph of Fidelity Select IT Services Portfolio Fund (FBSOX) Top 10 Position TrackingTop 10 Holdings in Fidelity Select IT Services Portfolio (FBSOX) Fund

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

Apr 29, 2016
Visa Inc. [16.55%]
Mastercard Incorporated Common [9.62%]
Accenture plc Class A Ordinary [6.25%]
Cognizant Technology Solutions [6.2%]
Alliance Data Systems Corporati [4.8%]
International Business Machines [4.42%]
PayPal Holdings, Inc. [4.09%]
Fiserv, Inc. [3.24%]
Fidelity National Information S [2.98%]
EPAM Systems, Inc. Common Stock [2.59%]

Feb 28, 2016
Visa Inc. [17.1%]
Mastercard Incorporated Common [9.82%]
Cognizant Technology Solutions [6.6%]
Accenture plc Class A Ordinary [6.05%]
PayPal Holdings, Inc. [5.23%]
Alliance Data Systems Corporati [4.27%]
International Business Machines [3.95%]
Fiserv, Inc. [3.45%]
Fidelity National Information S [2.87%]
ExlService Holdings, Inc. [2.31%]

Jan 30, 2016
Visa Inc. [17.21%]
Mastercard Incorporated Common [9.61%]
Cognizant Technology Solutions [7.08%]
Accenture plc Class A Ordinary [6.09%]
PayPal Holdings, Inc. [5.15%]
International Business Machines [4.9%]
Alliance Data Systems Corporati [3.43%]
Fiserv, Inc. [3.33%]
Fidelity National Information S [2.82%]
ExlService Holdings, Inc. [2.05%]
Click here for Stock Holding Change Map in Fidelity Select IT Services Portfolio Fund (FBSOX)

  

Latest News on Fidelity Select IT Services Portfolio (FBSOX) Fund

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

 

Fidelity Select IT Services Portfolio Fund (FBSOX) Related ResourcesSee more information on Fidelity Select IT Services Portfolio (FBSOX) Fund

Popular pages on Fidelity Select IT Services Portfolio (FBSOX) Fund

  

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