Fidelity Investments offers sector funds under the Fidelity Select fund umbrella. We prefer these Fidelity sector funds for the following reasons:

Fidelity Sector Fund Choices

After pioneering the sector investing concept in 1981, Fidelity Investments has expanded the Fidelity Select funds to span 7 sector groups. Each sector group has one broad sector fund and several industry-specific funds. In all, we have 41 Fidelity Select Funds to choose from.

Active Management of Mutual Funds

Rather than track sector-specific indexes, Fidelity sector fund managers actively seek to invest their fund's assets in the best ideas within their universe. Fidelity Investments employs a staff of over 600 portfolio managers, analysts, and traders world-wide to conduct research and develop investment ideas for managing the Fidelity mutual funds.

Multiple Account Types

Fidelity sector funds are available for regular and retirement accounts. The retirement account may be a Fidelity IRA account such as Roth IRA, Rollover IRA or self directed IRA account. Fidelity sector funds are available for Fidelity SEP-IRA or Fidelity Keogh accounts as well. Fidelity sector funds may also be available in a Fidelity 401k account if your employer sponsored 401k plan has this option. Fidelity 401k investments can be conveniently managed using Fidelity Netbenefits.

Low Minimum Investment

The minimum investment required to open a regular or IRA account in any Fidelity Select fund is $2,500. The minimum investment required to open a SEP-IRA or Keogh account in any Fidelity Select fund is $500.

Low Costs

Fidelity mutual funds are no-load funds. Further, for the Fidelity sector funds there are no fees for exchanges done through the Internet when the investment is held over 30 days. This works to our advantage since our holding duration for sector fund investments is typically 6 months or longer. (Note: The Fidelity Select fund prospectus provides a description of the fees & expenses associated with these funds. Read the fund prospectus carefully before investing.)

See Also:

Using the AlphaProfit Fidelity Funds Newsletter
How AlphaProfit Investments Uses Fidelity Select Funds

To better manage your Fidelity mutual fund assets, subscribe to the AlphaProfit Investment Newsletter now!

FREE SIGN UP! Protect & grow your wealth with Fidelity Fund picks from free e-letter AlphaProfit MoneyMatters By Hulbert #1 rank winner Dr. Sam Subramanian 'Incisive Insights, Impressive Results'   - Jim Woodruff

First Name: Email Address: We respect your privacy. We will not spam or sell your information to others, period.

Popular How-To Guides Secrets to Boosting Your No Load Mutual Fund Returns Rollover IRA: A Booster Rocket for 401k Retirement Plans Best ETFs to Build Your ETF Portfolio Constructing a Top Mutual Fund Portfolio Selecting Stodgy Stocks to Grow Your Portfolio Diversified Portfolios with a Knock-Out Punch Select Sector SPDRs: Maximize Return and Minimize Risk A Guide to Analyzing Mutual Fund Returns Looking at Mutual Fund Fees the Right Way Inside Scoop on Morningstar Fiduciary Grades Are PowerShares ETFs Right for You? Custom Search

Recent MoneyMatters Articles Fidelity Enters the Alternative Energy Fray with FSLEX Best Way to Invest in Energy Stocks Sector Funds: Best, Worst, and Mid-Year Market Outlook Choosing the Best Fidelity Money Market Funds Investing in Emerging Markets ETFs and Mutual Funds JAOSX - A Worthy International Mutual Fund? 3 Good Stocks to Buy When Correction Ends Has the Dow Jones Industrial Average Topped? ETFs: Best, Worst, and 2010 Forecast Stock Market Predictions for 2010 Fidelity Select Funds: Best, Worst, 2010 Forecast More from Investing Blog Sign Up for Free e-letter