But tread carefully: It's not unusual to see extraordinary concentration in their top holdings. Fidelity Select Telecommunications FSTCX is a case in point. As of the end of January 2012, the fund had 21% of its assets in AT&T T and
values companies according to their cash flows, as well as more commonly used valuation metrics. Fidelity Select Telecommunications ' manager has done well with a limited opportunity set. Portfolio manager Kristina Salen's main
8% in brokerage stocks and stock MFs, and 60% in stock IRAs (T and ROTH) and 401ks. Taxable account includes: FSRPX, FSTCX , AZN, BMY, LLY, GE, JNJ, PFE, and PG. 401ks and IRAs include: TSP C Fund, CPB stock, RERGX, RGAGX, PRSVX, VEIRX
he's being groomed to manage diversified portfolios. I'm not convinced he's here to stay. Fidelity Select Telecommunications FSTCX : I'm leery of this fund as a buy-and-hold investment. Rapid technological change can make
analyst and running several industry - specific funds , including Fidelity Select Pharmaceuticals FPHAX , Fidelity Select Telecommunications , and Fidelity Select Wireless ( which he still runs ) . We wouldn't be too surprised , though
Financial Services FIDSX , Robert Lee of Fidelity Select Consumer Staples FDFAX , Kristina Salen of Fidelity Select Telecommunications FSTCX , Douglas Simmons of Fidelity Select Utilities FSUTX , Tobias Welo of Fidelity Select Materials FSDPX
Financial Services FIDSX , Robert Lee of Fidelity Select Consumer Staples FDFAX , Kristina Salen of Fidelity Select Telecommunications FSTCX , Douglas Simmons of Fidelity Select Utilities FSUTX , Tobias Welo of Fidelity Select Materials FSDPX
significant stock-specific risk, although Salen's approach may moderate this. It's not clear how Fidelity Select Telecommunications will distinguish itself. This fund certainly stood out in 2009, though, as it beat its benchmark
funds, including Fidelity Select Pharmaceuticals FPHAX, Fidelity Select Telecommunications , and Fidelity Select Wireless (which he still runs ..... Fidelity Select Wireless FWRLX and Select Telecommunications FSTCX , it's too soon to judge how he'll fare here. Recurrent
diversified fund, but he had managed Fidelity Select Telecommunications fstcx and Fidelity Utilities fiuix since September ..... Fidelity's sector funds, including Fidelity Select Telecommunications fstcx and Fidelity Utilities fuiux. This is