Fidelity Select Health Care Portfolio (FSPHX – MF report) a Zacks Ranked #1 (Strong Buy) seeks capital appreciation. FSPHX invests a large portion of its 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. Dividends and capital gains are declared in April and December every year.
This Sector – Health fund, as of the last filing, allocates their fund in three major groups; Large Growth, Small Growth, Intermediate Bond. Further, as of the last filing, Actavis Plc (ACT), Medtronic Inc (MDT) and Mckesson Corp (MCK) were the top holdings for FSPHX.
The Fidelity Select Health Care Portfolio fund, managed by Fidelity, carries an expense ratio of 0.75, but it does come with a 0.75% redemption fee, and a 0.55% management fee. Moreover, FSPHX requires a minimal initial investment of $2,500.
FSPHX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 35.12%, 3 year 38.67%, and 5 year 28.38%. To see how this fund performed compared in its category, please click here.
FSPHX’s performance, as of the last filing, when compared to funds in its category was in the top 25% in 1 year, top 10% over the past 3 years, and in the 15% over the past 5 years.
