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Fidelity Select Energy Service Portfolio (FSESX) seeks capital appreciation for the long run. This specialty natural resources fund invests at least 80% of assets in common stocks of companies principally engaged in the energy service field, including those that provide services and equipment to the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.
The Fidelity Select Energy Service Portfolio, as of the last filing, allocates their fund in top three major groups; High Yield Bond, Large Value and Small Value. Further, as of the last filing, Schlumberger Ltd, Baker Hughes Inc and Halliburton (NYSE:HAL) Co were the top holdings for FSESX.
This Zacks Rank #1 (Strong Buy) was incepted in December 1985 and is managed by Fidelity. FSESX carries an expense ratio of 0.85% and requires a minimal initial investment of $2,500.
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