Fidelity Select Technology Portfolio FSPTX NASDAQ

Fidelity Select Technology Portfolio (FSPTX) is a non-diversified mutual fund that primarily invests in common stocks of technology-focused companies. The fund allocates at least 80% of its assets to securities of companies engaged in offering, using, or developing technology-driven products, processes, and services positioned to benefit from technological advancement. It invests in both domestic and foreign issuers, employing fundamental analysis to evaluate financial condition, industry position, and macroeconomic factors when making investment selections. By concentrating its portfolio in the technology sector, the fund seeks capital appreciation through companies at the forefront of innovation and technological development.