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Fund Intelligence | Best Managers | FIDSX Insights | FIDSX Score | FIDSX Performance | FIDSX Manager | FIDSX News | FIDSX Allocation | FIDSX Holdings Change

Mutual Fund Insights: Fidelity Select Financial Services Fund (FIDSX)

In-depth Analysis of Fidelity Select Financial Services Fund (FIDSX)

Mutual fund chart: Fidelity Select Financial Services Fund (FIDSX)

3 months
6 months
1 year
3 year
5 year

See Fidelity Select Financial Services Fund (FIDSX) performance details as of January 31, 2010

  

    Last Trade: $65.07 on 3/17/2010, Change: +0.91 (1.42%)

  

Fund ManagerFund Manager - Benjamin Hesse

Fund Manager Tenure: 1.5 years
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)
Hesse is a portfolio manager with Fidelity Investments. He joined Fidelity Investments as a research analyst in August 2005. Previously, Hesse was a research analyst intern at Credit Suisse Asset Management in New York.  Get more insights on Benjamin Hesse

  

What we like about Fidelity Select Financial Services Fund (FIDSX) What we like about Fidelity Select Financial Services Fund (FIDSX)

Data for Fidelity Select Financial Services Fund (FIDSX) as of January 31, 2010

  • Fidelity Select Financial Services Fund (FIDSX) is a new fund and has been performing well against its peers for both three-month and 1-year performance
  • Fidelity Select Financial Services Fund (FIDSX) has good short-term performance (1-year return 52.58% vs 49.15% Financial category average)
  • Fidelity Select Financial Services Fund (FIDSX) has an annual stock turnover rate of 129.00% vs Financial average of 202.44%. It is good that Fidelity Select Financial Services management does not trade extensively for its return.
  • Fidelity Select Financial Services Fund (FIDSX) has a lower management fee than its Financial average: 0.94% vs 1.76%
  • Fidelity Select Financial Services Fund (FIDSX) 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 Financial Services Fund (FIDSX) What we are cautious about Fidelity Select Financial Services Fund (FIDSX)

Data for Fidelity Select Financial Services Fund (FIDSX) as of January 31, 2010

  • Fidelity Select Financial Services Fund (FIDSX) management has been with Fidelity Select Financial Services Fund for only 1.5 years, it is hard to judge manager's ability based on this fund's operation record
  • Fidelity Select Financial Services Fund is a focused fund with 42.00% 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 Financial Services Fund (FIDSX) has a less-than-ideal mid-term performance (3-year return -18.36% vs -16.13% Financial category average)
  • Fidelity Select Financial Services Fund (FIDSX) has a less-than-ideal Long-term performance (5-year return -6.91% vs -5.96% Financial category average)
  • Fidelity Select Financial Services Fund (FIDSX) ratio of up-years vs down years can be improved
  • Fidelity Select Financial Services Fund (FIDSX) has a Morningstar rating of 3 and below
  • Fidelity Select Financial Services Fund (FIDSX) does not have a good risk adjusted return as its 3-year Alpha of -8.18 is worse than category average of -6.43, and its 3-year Sharpe ratio is -0.6
  • Fidelity Select Financial Services Fund (FIDSX) is more volatile than its peers as it has a 3-year Standard Deviation of 29.42 that is higher than category average of 28.7
See Fidelity Select Financial Services Fund (FIDSX) performance details as of January 31, 2010

  

  

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Fidelity Select Financial Services Fund (FIDSX) Net Asset

Track net asset change of Fidelity Select Financial Services fund (FIDSX)

DateNet Asset
01/2010$481.43M
11/2009$485.47M
10/2009$489.69M
More historic net asset information on Fidelity Select Financial Services Fund (FIDSX)

  

Fidelity Select Financial Services Fund (FIDSX) Portfolio Allocation

Track portfolio allocation change of Fidelity Select Financial Services fund (FIDSX)

DateCashStockBondOther
10/20092.28%97.71%0%0.01%
09/20091.73%98.26%0%0.01%
08/20095.48%94.48%0%0.05%
Click here to see more historic asset allocation information on Fidelity Select Financial Services Fund (FIDSX)

  

Most Recent Top 10 Holdings in Fidelity Select Financial Services Fund (FIDSX)

Discover what Fidelity Select Financial Services Fund (FIDSX) manager is buying

31-Oct-09
CME Group Inc. [5.63%]
The Charles Schwab Corporation [5.58%]
MORGAN STANLEY [5.58%]
MCGRAW HILL COS THE [4.76%]
GOLDMAN SACHS GRP [4.63%]
JP MORGAN CHASE CO [4.02%]
Euronet Worldwide, Inc. [3.63%]
BARCLAYS PLC ADR [3.47%]
BK OF AMERICA CP [3.22%]
Washington Federal, Inc. [2.5%]

30-Sep-09
The Charles Schwab Corporation [5.77%]
CME Group Inc. [5.27%]
MORGAN STANLEY [5.02%]
MCGRAW HILL COS THE [4.37%]
BANK OF NY MELLON CP [4.31%]
VISA INC. [3.63%]
JP MORGAN CHASE CO [3.63%]
Euronet Worldwide, Inc. [3.45%]
GENWORTH FINANCIAL [3.07%]
BK OF AMERICA CP [2.82%]

31-Aug-09
Fidelity Cash Central Fund [5.48%]
MORGAN STANLEY [4.64%]
DEUTSCHE BANK AG [4.02%]
GENWORTH FINANCIAL [3.93%]
Euronet Worldwide, Inc. [3.62%]
JP MORGAN CHASE CO [3.6%]
Mizuho Financial Group, Inc. [3.44%]
MCGRAW HILL COS THE [3.35%]
BK OF AMERICA CP [2.93%]
VISA INC. [2.86%]
Click here for Stock Holding Change Map in Fidelity Select Financial Services Fund (FIDSX)

  

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Latest News on Fidelity Select Financial Services (FIDSX)

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