Fidelity Select Materials  FSDPX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Natural Resources Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
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As of 2009-09-30
Day Change
$ -0.01
  
NAV (2009-11-10)
$ 51.37
  
YTD Return % (2009-11-10)
68.95%
  
Total Assets ($ mil)
503
View Data Definitions
  Performance    
Growth of $10,000 Fund: Fidelity Select Materials
(from 1999-01-01 to 2009-10-31) Category: Natural Resources
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1986-09-29 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-10
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 72.70 127.60 6.73 10.65 10.27 9.51
+/- Category 42.17 107.74 8.39 2.13 -0.95 ---
+/- S&P 500 TR 49.18 78.80 12.63 9.97 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 63.75 14.40 7.36 10.33 11.12 9.82
Month-End (as of 2009-10-31) 54.77 46.23 3.41 9.41 10.27 9.51
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 45.79 2.51 8.54 9.62 ---
On Distribution & Sale of Shares --- 29.95 2.68 7.89 8.88 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 109 funds), (5 yrs : out of 79 funds), (10 yrs : out of 48 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is 0.75%.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 0.00
Software 0.00
Hardware 0.00
Media 0.00
Telecommunications 0.00
Service 2.18
Healthcare 0.00
Consumer Services 1.89
Business Services 0.29
Financial Services 0.00
Manufacturing 97.82
Consumer Goods 10.94
Industrial Materials 85.99
Energy 0.89
Utilities 0.00
Asset Allocation
% of Net Assets
Cash 3.7
Stocks 96.3
Bonds 0.0
Other 0.0
Foreign Stocks 9.9
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 62 Turnover % 117
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 52.95 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
The Dow Chemical Company 24.33 88.07 8.73
Freeport-McMoRan Copper & Gold B --- 246.03 7.28
E.I. du Pont de Nemours & Company 11.49 42.89 7.01
Monsanto Company 17.09 15.30 6.04
Praxair, Inc. 15.63 41.19 5.92
Nucor Corp. 7.73 -8.70 4.35
Air Products and Chemicals, Inc. 11.86 66.48 4.22
Celanese Corporation 5.45 134.51 3.49
Weyerhaeuser Company --- 25.65 3.24
W.R. Grace & Company 3.55 295.31 2.67
Data through 2009-09-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1986-09-29
Portfolio Manager  (Start Date)
Tobias W. Welo  (2008-01-09)
Tobias W. Welo is manager of Advisor Industrials Fund, which he has managed since January 2007. Since joining Fidelity Investments in 2005, Mr. Welo has worked as an analyst. Prior to joining Fidelity, he worked as an analyst and assistant portfolio manager for BlackRock. From 1999 until 2002, Mr. Welo was an analyst for Boston Partners. Welo is a portfolio manager in Fidelity, his employee since 2005. He was an analyst and assistant portfolio manager for BlackRock from 2002 to 2005. Prior to that, Welo was an equity analyst with Boston Partners Asset Management, L.P. Before joining BPAM, Welo spent five years with Coopers & Lybrand L.L.P.
Sales Charge %
(taken from prospectus dated 2009-04-29)
Front: None
Deferred: None
Expense Ratio % 0.90
based on net assets
(taken from annual report dated 2009-02-28)
Correspondence Information
82 Devonshire St

Boston,  MA  02109
United States
Telephone:
800-544-8544
617-563-1413
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.