Fidelity Select Semiconductors Portfolio FSELX NASDAQ

Fidelity Select Semiconductors Portfolio is a mutual fund that primarily invests in common stocks of companies engaged in semiconductor design, manufacturing, and equipment sales. The fund allocates at least 80% of its assets to semiconductor industry securities, including both domestic and foreign issuers. Using fundamental analysis that evaluates financial condition, industry position, and macroeconomic factors, the portfolio seeks to identify promising investment opportunities within the semiconductor sector. As a non-diversified fund, it may concentrate its holdings more heavily in specific securities or subsectors within the industry.