Fidelity Select Health Care Fund (FSPHX) a Zacks Rank #2 (Buy) was incepted in July 1981 and is managed by the Fidelity Group. FSPHX's objective is to seek capital appreciation. FSPHX normally invests its 80% of assets in common stocks of companies principally engaged in the design, manufacture, or sale of products or services used for or in connection with health care or medicine.
This Sector - Health product, as of the last filing, allocates their fund in two major groups; Small Growth and Large Growth. Further, as of the last filing, Medtronic (NYSE:MDT) plc, Allergan (NYSE:AGN_pa) plc and Teva Pharmaceutical Industries (NYSE:TEVA) Limited were the top holdings for FSPHX.
Fidelity Select Health Care, managed by Fidelity carries an expense ratio of 0.72%. Moreover, FSPHX requires a minimal initial investment of $2,500.
FSPHX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 19.42% and 5 year 18.02%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
FSPHX’s performance, as of the last filing, when compared to funds in its category was in the top 57% in 1 year, top 6% over the past 3 years, and in the 21% over the past 5 years.
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