Can I invest in Fsmex?
The fund requires an initial investment of $2,500. The fund's risk compared to that of other funds in the category is considered average by Morningstar for the trailing three-, five- and 10-year periods.
Is Fsmex an ETF?
FSMEX Fidelity® Select Medical Technology and Devices Portfolio No Load. ETF Price & Overview.
What companies are in Fsmex?
Top 25 HoldingsCompanySymbolTotal Net AssetsThermo Fisher Scientific Inc.TMO14.70%Danaher Corp.DHR12.71%Boston Scientific Corp.BSX9.78%Insulet Corp.PODD3.95%21 more rows
What type of Fund is FSMEX?
Fund DetailsCategoryHealth/BiotechFund FamilyFidelity SelectsFund StatusOpenFund InceptionApril 28, 1998ManagerEddie Yoon1 more row
Can you convert mutual fund to ETF?
Can I convert my conventional Vanguard mutual fund shares to Vanguard ETF Shares? Yes. Most funds that offer ETF Shares will allow you to convert from conventional shares of the same fund to ETF Shares.
What companies are in Fbiox?
Top 10 HoldingsCompanySymbolTotal Net AssetsAbbVie Inc.ABBV11.28%Vertex Pharmaceuticals Inc.VRTX5.31%Alnylam Pharmaceuticals Inc.ALNY3.59%Regeneron Pharmaceuticals Inc.REGN2.86%6 more rows
What is IHI ETF?
The iShares U.S. Medical Devices ETF seeks to track the investment results of an index composed of U.S. equities in the medical devices sector.
What does fidelity mean in medical terms?
Fidelity is defined as faithfulness to a person, belief, or cause. It is demonstrated by being loyal and supportive. Fidelity in nursing means nurses must remain true to professional promises, such as the promise to provide high-quality, competent, safe, and efficient patient care.
Is Fselx a good fund?
Overall, Fidelity Select Electronics ( FSELX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, this fund looks like a good potential choice for investors right now.
What is in Fidelity Contrafund?
The Fidelity Contrafund is a fund containing large, well-established companies with solid management teams that are likely to exhibit superior earnings growth and strong free cash flow. The majority of the fund's holdings are U.S. domestic equities that include Alphabet, Berkshire Hathaway, Apple, and Amazon.
Why do FMR funds fluctuate?
You may have a gain or loss when you sell your shares. Investments in foreign securities, especially those in emerging markets, involve risks in addition to those of U.S. investments, including increased political and economic risk, as well as exposure to currency fluctuations. Because FMR concentrates the fund's investments in a particular industry, the fund's performance could depend heavily on the performance of that industry and could be more volatile than the performance of less concentrated funds and the market as a whole. The fund is considered non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund; thus changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund. The medical equipment and systems industry can be significantly affected by patent considerations, rapid technological change and obsolescence, government regulation, and government reimbursement for medical expenses.
What is Morningstar risk level?
These risk levels range from 1 for those funds with least amount of risk to 10 for those with the greatest amount of risk.
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Fund Description
Incepted in April 1998 and managed by the Fidelity Group, the objective of this health fund is to seek capital appreciation.
