Description

The Fidelity Select Construction & Housing Portfolio typically allocates a minimum of 80% of its assets to firms chiefly involved in the planning, development, manufacturing, provision, distribution, or marketing of goods and services for residential, commercial, industrial, and civic infrastructure. Its investments are not limited by geography, encompassing both domestic and international companies. To identify suitable investments, the fund conducts an in-depth fundamental analysis, scrutinizing aspects like a company's financial stability, its standing within its industry, and the broader economic and market landscape. This portfolio primarily consists of common shares and follows a non-diversified investment strategy.