About FSAVX
Fidelity Select Automotive Portfolio is a non-diversified mutual fund that concentrates its investments in companies operating within the automotive industry. The fund primarily seeks to capture growth and opportunities among firms engaged in the manufacture, marketing, or sale of automobiles, trucks, specialty vehicles, parts, tires, and related services. Its portfolio encompasses both domestic and international companies, offering exposure to various segments of the global automotive sector. The fund employs fundamental analysis, evaluating each issuer's financial health, industry position, and overall market and economic conditions to inform investment decisions. Major holdings often include leading automakers, parts suppliers, and aftermarket service providers, reflecting trends and innovation shaping the automotive landscape. By focusing on this sector, Fidelity Select Automotive Portfolio plays a specialized role for investors interested in the cyclical and evolving nature of transportation, mobility, and consumer discretionary markets.
Fund Family Fidelity
Category Consumer Cyclical
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FSAVX
Index S&P 500 TR
FSAVX had a total return of 4.18% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.71%.
