Fidelity Select Multimedia Portfolio

The fund typically allocates a minimum of 80% of its capital to companies predominantly involved in the creation, manufacturing, or distribution of communication services. It invests in a blend of both domestic and international entities. Investment choices are guided by thorough fundamental analysis, assessing elements such as an issuer's financial robustness, industry placement, and the broader market and economic environment. The portfolio primarily consists of common stocks. This is a non-diversified fund.