Fidelity Select Energy Service Fund (FSESX) is top stock mutual fund by Fidelity. This mutual fund invests mainly in equities of companies operate in energy sector such as oil, gas, etc.
Top Fidelity Mutual Fund
The Fidelity Select Energy Service Fund objective is to achieve capital appreciation. This mutual fund uses its assets to purchase securities of companies mainly engaged in the energy service field, including those that provide services and equipment to the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.
This top Fidelity fund invests in domestic and foreign stocks. It invests mainly in common stocks. It uses fundamental analysis of factors such as each issuer’s financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.
Fund Profile
- Fund Inception Date: 12/15/1985
- Ticker Symbol: FSESX
- CUSIP: 316390764
- Beta (3yr): 1.52
- Rank in category (YTD): 25%
- Category: Equity Energy
- Yield: 0.00%
- Capital Gains: 0%
- Expense Ratio: 0.81%
- Net Assets: $ 1.1 billion
- Number of Years Up: 18 years
- Number of Years Down: 9 years
- Annual Turnover Rate: 49%
Updated on October 13, 2013