by Cynthia Wilson | July 12, 2011 1:42 am
Here are the specifics for the Fidelity Select Natural Resources Portfolio Fund for today’s mutual fund spotlight:
Investing Strategy: The fund invests primarily in common stocks and in certain precious metals of domestic and foreign companies. Almost every cent of the fund’s holdings are invested in stocks.
Expense Ratio: The fund has an expense ratio of 0.88% and no transaction fee and is one of the lower priced funds in the sector. It has a Morningstar Rating of three stars.
Top 5 Holdings: The top stocks in the Fidelity Select Natural Resources Portfolio Fund include oil and gas conglomerates Chevron Corporation (NYSE: CVX) at 8.16%. Occidental Petroleum Corporation (NYSE: OXY) at 5.92%, Marathon Oil Corp (NYSE: MRO) at 5.77% , oil field services company Halliburton Company (NYSE: HAL) 4.27%, and global integrated energy company Hess Corporation (NYSE: HES) at 4.03%.
Returns: The Fidelity Select Natural Resources Portfolio Fund 12-month return of 46.04% is almost double the broader market’s 24% over the same period. Its 5-year return of 38.70 % more than doubled the Dow Jones Industrial Average’s 14.11% return and it dwarfed the S&P 500’s 6.19 % return during the period.
Other Fund Statistics
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