Fidelity Select Banking (fsrbx)
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Asset Allocation (% of Port)
Geographic Allocation (% of Port)
Australia + Pacific Islands
Fund Management Survey
Fund Management Team
Fund Description Update
Fidelity Select Banking (FSRBX) Description: FSRBX is a mutual fund, which is an investment that owns a basket of assets. The FSRBX 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 short management tenure and is in the average fund size classification. FSRBXs minimum initial investment amount is $2500 while the IRA minimum is $2500. FSRBXs expense ratio is roughly 1%. The latest FSRBXs front end load was 0% and the back end load was 0%. The Fidelity Select Banking (FSRBX) mutual fund falls under the financial category. FSRBX focuses its investments in USA and FSRBX is focused on the financial industry or fund sector. The Fidelity Select Banking (FSRBX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find FSRBXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of FSRBXs 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 banking. These companies may include state chartered banks, banks that are members of the Federal Reserve System, and U.S. institutions whose deposits are not insured by the federal government. It may invest in securities of foreign issuers.