Mutual Fund Insights: Fidelity Select Energy Fund (FSENX)

In-depth Analysis of Fidelity Select Energy Fund (FSENX)

3 months 6 months 1 year 3 year 5 year

Fund Manager - John Dowd

 What we like about Fidelity Select Energy Fund (FSENX)

Data for Fidelity Select Energy Fund (FSENX) as of January 31, 2010

• Fidelity Select Energy Fund (FSENX) management has been with Fidelity Select Energy Fund for 3.8 years
• Fidelity Select Energy Fund (FSENX) has good short-term performance (1-year return 40.11% vs 39.60% Equity Energy category average)
• Fidelity Select Energy Fund (FSENX) has good Long-term performance (5-year return 9.44% vs 8.83% Equity Energy category average)
• Fidelity Select Energy Fund (FSENX) ratio of up-years vs down years is greater than 2
• Fidelity Select Energy Fund (FSENX) has a lower management fee than its Equity Energy average: 0.83% vs 1.73%
• Fidelity Select Energy Fund (FSENX) 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 Energy Fund (FSENX)

Data for Fidelity Select Energy Fund (FSENX) as of January 31, 2010

• Fidelity Select Energy Fund is a focused fund with 43.86% 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 Energy Fund (FSENX) has a less-than-ideal mid-term performance (3-year return -2.10% vs -0.93% Equity Energy category average)
• Fidelity Select Energy Fund (FSENX) has a Morningstar rating of 3 and below
• Fidelity Select Energy Fund (FSENX) is less safe compared to its Equity Energy peers
• Fidelity Select Energy Fund (FSENX) has an annual stock turnover rate of 148.00% that is higher than the Equity Energy average of 105.19%. This could mean Fidelity Select Energy is more nimble, but also signal potential high tax impact and high trading fees
• Fidelity Select Energy Fund (FSENX) does not have a good risk adjusted return as its 3-year Alpha of 11.01 is worse than category average of 12.28, and its 3-year Sharpe ratio is 0.06
• Fidelity Select Energy Fund (FSENX) is more volatile than its peers as it has a 3-year Standard Deviation of 34.19 that is higher than category average of 34

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Fidelity Select Energy Fund (FSENX) Net Asset

Track net asset change of Fidelity Select Energy fund (FSENX)

Fidelity Select Energy Fund (FSENX) Portfolio Allocation

Track portfolio allocation change of Fidelity Select Energy fund (FSENX)

Most Recent Top 10 Holdings in Fidelity Select Energy Fund (FSENX)

Discover what Fidelity Select Energy Fund (FSENX) manager is buying

Related books and products to Fidelity Select Energy Fund (FSENX)

Latest News on Fidelity Select Energy (FSENX)

See what is happening with Fidelity Select Energy Fund (FSENX)

Books and Resources

See more information on Fidelity Select Energy Fund (FSENX)

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