Fidelity Select Technology (FSPTX) Fund Ranking and Research

Ranking, Research and Recommendation of Fidelity Select Technology (FSPTX) Fund

Last Trade: $110.65 on 5/21/2013, Change: -0.08 (-0.07%)

 

Fund Manager - Charlie Chai

Fund Manager Information

Fund Manager Tenure: 6.4 years
Fund Family: Fidelity Investments
Fund Category: Technology
Fund Performance: Feb 27, 2013
Fundmojo Fund Grade: B (Score: 0.63)     (What does this score mean?)
Charlie Chai is manager of Advisor Communications Equipment Fund and Advisor Technology Fund, which he has managed since May 2003 and January 2005, respectively. He also manages other Fidelity funds. Since joining Fidelity Investments in 1997, Mr. Chai has worked as a research analyst and portfolio manager.  Get more insights on Charlie Chai

 

Fidelity Select Technology Fund (FSPTX) Profile

Fund Profile and Description

Fidelity Select Technology Fund seeks capital appreciation. Fidelity Select Technology Fund normally invests at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. It may invest in securities of foreign issuers. Fidelity Select Technology Fund is non-diversified.

 

 What we like about Fidelity Select Technology (FSPTX) Fund

Data for Fidelity Select Technology Fund (FSPTX) as of Feb 27, 2013

• Fidelity Select Technology Fund (FSPTX) management has been with Fidelity Select Technology Fund for 6.4 years
• Fidelity Select Technology Fund (FSPTX) has good short-term performance (1-year return 2.50% vs 2.13% Technology category median performance)
• Fidelity Select Technology Fund (FSPTX) has good mid-term performance (3-year return 12.95% vs 11.69% Technology category median performance)
• Fidelity Select Technology Fund (FSPTX) has good Long-term performance (5-year return 9.39% vs 6.67% Technology category median performance)
• Fidelity Select Technology Fund (FSPTX) ratio of up-years vs down years is greater than 2
• Fidelity Select Technology Fund (FSPTX) has a lower expense ratio than its Technology average: 0.81% vs 1.60%
• Fidelity Select Technology Fund (FSPTX) 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 Technology (FSPTX) Fund

Data for Fidelity Select Technology Fund (FSPTX) as of Feb 27, 2013

• Fidelity Select Technology Fund (FSPTX) has a Morningstar rating of 3 and below
• Fidelity Select Technology Fund (FSPTX) has an annual stock turnover rate of 196.00% that is higher than the Technology average of 108.54%. This could mean Fidelity Select Technology is more nimble, but also signal potential high tax impact and high trading fees
• Fidelity Select Technology Fund (FSPTX) is more volatile than its peers as it has a 3-year Standard Deviation of 20 that is higher than category average of 19.75
• As a Technology focused fund, Fidelity Select Technology Fund (FSPTX) is less diversified and has inherited sector risks associated with the fund

See Fidelity Select Technology Fund (FSPTX) performance details as of Feb 27, 2013

 

Compare with other top Technology category mutual funds

Aadditional top Technology mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
Fidelity Select Technology	2.76	2.50	12.95	9.39
HighMark NYSE ArcaTech 100 Indx Fid (PTSFX)	5.70	9.93	16.26	10.19	Compare
Berkshire Focus (BFOCX)	2.99	4.18	20.50	13.24	Compare
Ivy Science & Technology A (WSTAX)	7.40	16.59	14.69	9.87	Compare

See top fund managers for Technology Category Funds

 

Compare with Technology category ETFs

Some Technology ETFs for your consideration

ETF	Year to Date	One Year	Three Year
SPDR S&P International Technology Sector (IPK)	1.77%	9.50%	5.75%
Focus Morningstar Technology In (FTQ)	11.99%	8.29%	0
iShares MSCI ACWI ex US Info Tech Index (AXIT)	5.35%	8.11%	0
PowerShares S&P SmallCap Info Tech (PSCT)	7.50%	7.95%	0
PowerShares Dynamic Technology (PTF)	8.17%	7.04%	9.06%

 

Fidelity Select Technology (FSPTX) Fund Net Asset

Track net asset change of Fidelity Select Technology fund (FSPTX)

Date	Net Asset
02/2013	$2.03B
01/2013	$2.13B
12/2012	$2.11B

More historic net asset information on Fidelity Select Technology Fund (FSPTX)

  

Fidelity Select Technology (FSPTX) Fund Portfolio Allocation

Track portfolio allocation change of Fidelity Select Technology fund (FSPTX)

Date	Cash	Stock	Bond	Other
01/2013	2.41%	97.28%	0%	0%
12/2012	7.08%	92.61%	0%	0%
11/2012	4.65%	95.04%	0%	0%

Click here to see more historic asset allocation information on Fidelity Select Technology Fund (FSPTX)

 

Top 10 Holdings in Fidelity Select Technology (FSPTX) Fund

Discover what Fidelity Select Technology Fund (FSPTX) manager is buying

Jan 30, 2013 Apple Inc. [11.71%] Google Inc. [8.38%] Oracle Corporation [3.57%] Salesforce.com Inc Common Stock [3.56%] Visa Inc. [3.34%] eBay Inc. [3.21%] Mastercard Incorporated Common [2.41%] EMC Corporation Common Stock [2.32%] Altera Corporation [1.9%] QUALCOMM Incorporated [1.71%]

Dec 30, 2012 Apple Inc. [15.47%] Google Inc. [7.57%] Visa Inc. [4.19%] Salesforce.com Inc Common Stock [3.46%] eBay Inc. [3.01%] Oracle Corporation [2.72%] Mastercard Incorporated Common [2.55%] Altera Corporation [2.32%] EMC Corporation Common Stock [2%] QUALCOMM Incorporated [1.92%]

Nov 29, 2012 Apple Inc. [18.96%] Google Inc. [7.05%] Visa Inc. [4.67%] QUALCOMM Incorporated [3.29%] Salesforce.com Inc Common Stock [3.14%] eBay Inc. [3.07%] Cree, Inc. [2.24%] Altera Corporation [2.22%] Oracle Corporation [1.92%] EMC Corporation Common Stock [1.9%]

Click here for Stock Holding Change Map in Fidelity Select Technology Fund (FSPTX)

  

Latest News on Fidelity Select Technology (FSPTX) Fund

See what is happening with Fidelity Select Technology Fund (FSPTX)

Top 5 Zacks #1 Ranked Technology Mutual Funds Top 5 Best Performing Technology Mutual Funds Year to Date

 

See more information on Fidelity Select Technology (FSPTX) Fund

Popular pages on Fidelity Select Technology (FSPTX) Fund

• Fidelity Select Technology (FSPTX) Fund Research and Recommendation
• Fidelity Select Technology (FSPTX) Fund Performance Data
• Fidelity Select Technology (FSPTX) Fund Manager Information
• Historic Fidelity Select Technology (FSPTX) Fund Asset Allocation Report
• Historic Fidelity Select Technology (FSPTX) Fund Top 10 Holding Tracking
• Historic Fidelity Select Technology (FSPTX) Fund Asset Under Management Tracking