Fidelity Select Medical Equip & Systems (fsmex)
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Asset Allocation (% of Port)
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Australia + Pacific Islands
Fund Management Survey
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Fund Description Update
Fidelity Select Medical Equip & Systems (FSMEX) Description: FSMEX is a mutual fund, which is an investment that owns a basket of assets. The FSMEX mutual fund was provided by Fidelity and this investment vehicle derives the majority of its value from equity holdings (stocks). Fidelitys mutual fund has a medium management tenure and is in the large fund size classification. FSMEXs minimum initial investment amount is $2500 while the IRA minimum is $2500. FSMEXs expense ratio is roughly 1%. The latest FSMEXs front end load was 0% and the back end load was 0%. The Fidelity Select Medical Equip & Systems (FSMEX) mutual fund falls under the health category. FSMEX focuses its investments in USA and FSMEX is focused on the health industry or fund sector. The Fidelity Select Medical Equip & Systems (FSMEX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find FSMEXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of FSMEXs research report features technical analysis and long term investment potential.
This investment vehicle seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies. It may invest in securities of foreign issuers and may invest a significant percentage of assets in a single issuer. The funds non-diversified.