Fidelity Select FinTech Portfolio (FSVLX)
| Fund Assets | 78.56M |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 44.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.41 |
| YTD Return | -20.69% |
| 1-Year Return | -10.92% |
| 5-Year Return | -12.39% |
| 52-Week Low | 14.22 |
| 52-Week High | 20.54 |
| Beta (5Y) | 1.09 |
| Holdings | 24 |
| Inception Date | Dec 16, 1985 |
About FSVLX
Fidelity Select FinTech Portfolio is an actively managed mutual fund focused on capital appreciation by investing primarily in companies that develop or provide financial technology products and services. At least 80% of its assets are typically allocated to businesses at the forefront of fintech innovation, ranging from electronic payments and digital banking to financial software and analytics. The fund maintains a concentrated portfolio, often holding shares in both domestic and international issuers, with a strong emphasis on key industry leaders such as Visa, Intuit, Mastercard, and American Express. Its strategy employs in-depth fundamental analysis, evaluating each company's financial health, industry position, and prevailing market conditions. As a non-diversified fund, it provides targeted exposure to the rapidly evolving fintech sector, making it a significant player for investors seeking to focus on the intersection of finance and technology within the broader financial markets. Since its inception in December 1985, the fund has played a specialized role in capturing the growth and transformation driven by technological advancements in the financial industry.
Performance
FSVLX had a total return of -10.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.83%.
Top 10 Holdings
64.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Visa Inc. | V | 11.30% |
| Shopify Inc. | SHOP | 8.90% |
| Intuit Inc. | INTU | 7.01% |
| American Express Company | AXP | 6.74% |
| Fiserv, Inc. | FISV | 6.23% |
| Mastercard Incorporated | MA | 6.16% |
| Capital One Financial Corporation | COF | 5.28% |
| Toast, Inc. | TOST | 4.65% |
| Block, Inc. | XYZ | 4.26% |
| Marex Group plc | MRX | 4.23% |