About FSCSX
Fidelity Select Software and IT Services Portfolio is a mutual fund focused on the technology sector, primarily targeting companies engaged in the research, design, production, or distribution of software and information-based services. The fund typically invests at least 80% of its assets in this specialized segment, encompassing both domestic and international issuers. Its portfolio heavily favors large-cap industry leaders but also includes exposure across the capitalization spectrum, from giant and large firms to mid- and small-cap companies. The fund is non-diversified, allowing for concentrated positions in top holdings; as of the latest data, the ten largest investments make up nearly 60% of its portfolio, with significant allocations to well-known firms such as Microsoft, Salesforce, and Adobe. Managed by Fidelity, the fund seeks long-term capital appreciation and employs an active, research-driven selection process, assessing issuers’ financial and strategic positions within the dynamic technology landscape. Its role in the financial market is to offer investors focused access to the growth potential of the software and IT services industry, a sector that is integral to advancements in productivity, digital infrastructure, and business innovation.
Fund Family Fidelity
Category Technology
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FSCSX
Index S&P 500 TR
FSCSX had a total return of -21.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 22.79%.
