Fidelity Select Consumer Staples Portfolio Fund (FDFAX) a Zacks Rank #1 (Strong Buy) was incepted in June 1990 and is managed by the Fidelity Group. FDFAX usually invests in large blend companies. The objective of FDFAX is to seek capital appreciation. FDFAX normally invests at least 80% of its assets in common stocks of companies principally engaged in the manufacture and distribution of goods and services to consumers both domestically and internationally.
This Sector - Other product, as of the last filing, allocates their fund in three major groups; Large Growth, Intermediate Bond and Emerging Market. Further, as of the last filing, Procter & Gamble Co, British American Tobacco (LON:BATS) Sp A and CVS Caremark Corp were the top holdings for FDFAX.
The Fidelity Select Consumer Staples Portfolio fund, managed by Fidelity, carries an expense ratio of 0.76%. Moreover, FDFAX requires a minimal initial investment of $2,500.
FDFAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.03% and 5 year 12.94%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
FDFAX’s performance, as of the last filing, when compared to funds in its category was in the top 16% in 1 year, top 13% over the past 3 years, and in the 23% over the past 5 years.
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Zacks Investment Research