Mutual Fund Insights: Fidelity Select Natural Gas Fund (FSNGX)

In-depth Analysis of Fidelity Select Natural Gas Fund (FSNGX)

3 months 6 months 1 year 3 year 5 year

See Fidelity Select Natural Gas Fund (FSNGX) performance details as of January 31, 2010

  

Last Trade: $32.69 on 3/12/2010, Change: +0.09 (0.28%)

  

Fund Manager - James McElligott

Fund Manager Tenure: 4.3 years
Fundmojo Fund Grade: C (Score: 0.55)     (What does this score mean?)

McElligott is portfolio manager of Natural Gas Portfolio, which he has managed since November 2005. He joined Fidelity Investments as an equity research analyst in 2003.  Get more insights on James McElligott

  

 What we like about Fidelity Select Natural Gas Fund (FSNGX)

Data for Fidelity Select Natural Gas Fund (FSNGX) as of January 31, 2010

• Fidelity Select Natural Gas Fund (FSNGX) management has been with Fidelity Select Natural Gas Fund for 4.3 years
• Fidelity Select Natural Gas Fund (FSNGX) has good short-term performance (1-year return 45.78% vs 39.60% Equity Energy category average)
• Fidelity Select Natural Gas Fund (FSNGX) ratio of up-years vs down years is greater than 2
• Fidelity Select Natural Gas Fund (FSNGX) has an annual stock turnover rate of 81.00% vs Equity Energy average of 105.19%. It is good that Fidelity Select Natural Gas management does not trade extensively for its return.
• Fidelity Select Natural Gas Fund (FSNGX) has a lower management fee than its Equity Energy average: 0.85% vs 1.73%
• Fidelity Select Natural Gas Fund (FSNGX) 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 Natural Gas Fund (FSNGX)

Data for Fidelity Select Natural Gas Fund (FSNGX) as of January 31, 2010

• Fidelity Select Natural Gas Fund is a focused fund with 51.27% 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 Natural Gas Fund (FSNGX) has a less-than-ideal mid-term performance (3-year return -4.05% vs -0.93% Equity Energy category average)
• Fidelity Select Natural Gas Fund (FSNGX) has a less-than-ideal Long-term performance (5-year return 6.39% vs 8.83% Equity Energy category average)
• Fidelity Select Natural Gas Fund (FSNGX) has a Morningstar rating of 3 and below
• Fidelity Select Natural Gas Fund (FSNGX) is less safe compared to its Equity Energy peers
• Fidelity Select Natural Gas Fund (FSNGX) does not have a good risk adjusted return as its 3-year Alpha of 10.03 is worse than category average of 12.28, and its 3-year Sharpe ratio is 0.02
• Fidelity Select Natural Gas Fund (FSNGX) is more volatile than its peers as it has a 3-year Standard Deviation of 36.31 that is higher than category average of 34

See Fidelity Select Natural Gas Fund (FSNGX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Equity Energy category?

Below are some additional Equity Energy mutual funds generated out of our database

• Guinness Atkinson Global Energy (GAGEX)    [ Compare with Fidelity Select Natural Gas Fund (FSNGX) ]
• See top fund managers for Equity Energy Category Funds
• Browse other funds in Equity Energy Category

  

Fidelity Select Natural Gas Fund (FSNGX) Net Asset

Track net asset change of Fidelity Select Natural Gas fund (FSNGX)

Date	Net Asset
01/2010	$1.13B
11/2009	$1.10B
10/2009	$1.12B

More historic net asset information on Fidelity Select Natural Gas Fund (FSNGX)

  

Fidelity Select Natural Gas Fund (FSNGX) Portfolio Allocation

Track portfolio allocation change of Fidelity Select Natural Gas fund (FSNGX)

Date	Cash	Stock	Bond	Other
10/2009	3.45%	91.81%	0%	4.74%
09/2009	1.21%	93.53%	0%	5.26%
08/2009	1.65%	92.98%	0%	5.38%

Click here to see more historic asset allocation information on Fidelity Select Natural Gas Fund (FSNGX)

  

Most Recent Top 10 Holdings in Fidelity Select Natural Gas Fund (FSNGX)

Discover what Fidelity Select Natural Gas Fund (FSNGX) manager is buying

31-Oct-09 ANADARKO PETROLEUM [7.99%] CHESAPEAKE ENERGY CP [7.77%] PLAINS EXPL&PROD [7.19%] SOUTHWESTERN ENERGY [5.23%] DENBURY RES INC (HLD [4.09%] RANGE RES CORP [4.03%] WEATHERFORD INTL LTD [3.63%] PETROHAWK ENERGY CP [2.94%] MASSEY ENERGY CO [2.83%] Chesapeake Engy Cv 2.5% [2.77%]

30-Sep-09 CHESAPEAKE ENERGY CP [9.29%] ANADARKO PETROLEUM [8.59%] PLAINS EXPL&PROD [7.45%] SOUTHWESTERN ENERGY [5.1%] RANGE RES CORP [4%] DENBURY RES INC (HLD [3.95%] WEATHERFORD INTL LTD [3.22%] Chesapeake Engy Cv 2.5% [2.89%] MASSEY ENERGY CO [2.77%] SANDRIDGE ENERGY INC [2.31%]

31-Aug-09 CHESAPEAKE ENERGY CP [8.89%] PLAINS EXPL&PROD [8.03%] SOUTHWESTERN ENERGY [5.53%] ANADARKO PETROLEUM [5.22%] RANGE RES CORP [4.93%] DENBURY RES INC (HLD [4.66%] MASSEY ENERGY CO [3.45%] BJ SERVICES CO [3.13%] WEATHERFORD INTL LTD [2.9%] SANDRIDGE ENERGY INC [2.84%]

Click here for Stock Holding Change Map in Fidelity Select Natural Gas Fund (FSNGX)

  

Related books and products to Fidelity Select Natural Gas Fund (FSNGX)

  

Latest News on Fidelity Select Natural Gas (FSNGX)

See what is happening with Fidelity Select Natural Gas Fund (FSNGX)

Heat Up Your Portfolio With Gas Funds (at TheStreet.com) Ultimate Guide to Natural Gas: Stock Funds (at TheStreet.com) [$$] Mutual Fund Offers Safer Alternative to UNG (at RealMoney by TheStreet.com) See more news on Fidelity Select Natural Gas Fund (FSNGX)

 

Books and Resources

 

 

See more information on Fidelity Select Natural Gas Fund (FSNGX)

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