Replies to post #34 on Fidelity Select Funds

[sumisu]

Fidelity Select Pharmaceuticals (FPHAX)

The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, sale, or distribution of pharmaceuticals and drugs of all types. These companies may include, pharmaceutical companies and other companies involved in the research, development, manufacture, sale, or distribution of drugs, including companies that facilitate the testing or regulatory approval of drugs. It may invest in securities of foreign issuers. The fund is nondiversified. [overview from MSN]