Fidelity Select Technology (fsptx)
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Australia + Pacific Islands
Fund Management Survey
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Fund Description Update
Fidelity Select Technology (FSPTX) Description: FSPTX is a mutual fund, which is an investment that owns a basket of assets. The FSPTX 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. FSPTXs minimum initial investment amount is $2500 while the IRA minimum is $2500. FSPTXs expense ratio is roughly 1%. The latest FSPTXs front end load was 0% and the back end load was 0%. The Fidelity Select Technology (FSPTX) mutual fund falls under the technology category. FSPTX focuses its investments in USA and FSPTX is focused on the technology industry or fund sector. The Fidelity Select Technology (FSPTX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find FSPTXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of FSPTXs 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 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. The funds non-diversified.