Fidelity Select Brokerage & Invmt Mgmt  FSLBX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Financial Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Growth
  
  
As of 2009-09-30
Day Change
$ -0.56
  
NAV (2009-11-10)
$ 48.86
  
YTD Return % (2009-11-10)
54.35%
  
Total Assets ($ mil)
659
View Data Definitions
  Performance    
Growth of $10,000 Fund: Fidelity Select Brokerage & Invmt Mgmt
(from 1999-01-01 to 2009-10-31) Category: Financial
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-10
Inception date: 1985-07-29 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 50.43 118.49 -8.18 5.07 6.79 11.51
+/- Category 30.08 111.52 7.21 10.56 4.76 ---
+/- S&P 500 TR 26.91 69.69 -2.28 4.39 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 56.69 10.14 -5.38 7.87 8.74 11.78
Month-End (as of 2009-10-31) 48.88 38.25 -7.69 5.90 6.79 11.51
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 36.97 -9.19 4.43 5.44 ---
On Distribution & Sale of Shares --- 24.55 -6.60 4.86 5.55 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 107 funds), (5 yrs : out of 101 funds), (10 yrs : out of 59 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 1.50
Software 0.28
Hardware 0.00
Media 0.26
Telecommunications 0.97
Service 98.50
Healthcare 0.00
Consumer Services 0.00
Business Services 0.00
Financial Services 98.50
Manufacturing 0.00
Consumer Goods 0.00
Industrial Materials 0.00
Energy 0.00
Utilities 0.00
Asset Allocation
% of Net Assets
Cash 11.6
Stocks 88.4
Bonds 0.0
Other 0.0
Foreign Stocks 21.5
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 58 Turnover % 351
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 46.07 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
CME Group Inc A 17.15 56.86 5.61
Charles Schwab Corporation 15.24 14.35 5.29
Goldman Sachs Group, Inc. 18.87 102.84 4.99
Morgan Stanley 10.42 102.85 4.87
Bank of New York Mellon Corporation 23.20 -5.75 4.76
EFG International --- --- 4.69
Broadpoint Gleacher Securities Group Inc --- 101.68 4.68
UBS AG --- 11.54 4.07
Genworth Financial, Inc. --- 289.05 3.59
Deutsche Borse AG --- --- 3.52
Data through 2009-09-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1985-07-29
Portfolio Manager  (Start Date)
Benjamin Hesse  (2007-06-01)
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.
Sales Charge %
(taken from prospectus dated 2009-04-29)
Front: None
Deferred: None
Expense Ratio % 0.89
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.