Skip to Content
Morningstar

Fidelity Select Medical Tech and Devcs FSMEX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 62.02  /  −1.08 %
  • Total Assets 5.9 Bil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Health
  • Investment Style Mid Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield —
  • Turnover 37%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis FSMEX

Will FSMEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSMEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSMEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FSMEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Fidelity Select Medical Tech and Devcs's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FSMEX

More FSMEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 69.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Boston Scientific Corp

14.05 824.3 Mil
Healthcare

Danaher Corp

13.72 805.0 Mil
Healthcare

Thermo Fisher Scientific Inc

9.48 555.9 Mil
Healthcare

Intuitive Surgical Inc

6.57 385.6 Mil
Healthcare

Stryker Corp

6.37 373.5 Mil
Healthcare

Penumbra Inc

4.49 263.5 Mil
Healthcare

Abbott Laboratories

4.41 258.6 Mil
Healthcare

Edwards Lifesciences Corp

4.05 237.6 Mil
Healthcare

Veeva Systems Inc Class A

3.31 193.9 Mil
Healthcare

IQVIA Holdings Inc

2.91 170.5 Mil
Healthcare