Fidelity Select Industrials Fund FCYIX seeks capital appreciation. FCYIXnormally invests at least 80% of assets in common stocks of companies principally engaged in the research, development, manufacture, distribution, supply, or sale of materials, equipment, products, or services related to cyclical industries.
This Sector - Other product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 9.4% and 5 year 14.7%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
FCYIX’s performance, as of the last filing, when compared to funds in its category was in the top 19% over the past 1 year, and in the top 17% over the past 3 years and in the top 16% over the past 5 years.
The Fidelity Select Industrials fund, as of the last filing, allocates their fund in top two major groups; Large Value and Small Growth. Further, as of the last filing, United Technologies Corp (NYSE:UTX), Honeywell International Inc (NYSE:HON) and Caterpillar Inc (NYSE:CAT) were the top holdings for FCYIX.
This Zacks Rank #1 (Strong Buy) was incepted in March 1997 and is managed by Fidelity. FCYIX carries an expense ratio of 0.77% and requires a minimal initial investment of $2,500.
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Zacks Investment Research