Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: seminole who wrote (2250)	2/1/2000 6:20:00 PM
From: MoneyPenny	Read Replies (1) of 4916

I personally don't worry about manager changes on the selects. They are sector funds that primarily use mechanical methods to select the best stocks in a sector. They also have all the advantages of Fidelity's research. The select funds serve as an incubator for the mutual fund managers of tomorrow. What matters most in the market is the timeliness of your sector bets. You can have a manager that selects the top companies in his sector but if the timeliness (ala Value Line and IBD) stinks, your fund will stink. FSESX really operates on its own set of values. Our big secret tool here is the Fabulous Mr. Wong and Jim B. Psst. Don't let any one know. <G> Sharon

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