Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (2432)	3/20/2000 11:28:00 AM
From: Judith	Read Replies (1) of 4916

I'd appreciate any input on the following... A family member recently invested some money in the Fidelity Biotech fund. The cap gains distribution for that fund is April. I told him to get out of the fund before the distribution since it has gone up significantly this year and he would get hit with the full cap gains for only being in the fund a couple of weeks and actually losing money I think. He is questioning whether it is better to take the cap gains to receive the additional shares. Could anyone tell me how the additional shares are related to the cap gains, and what is the better move for him? Thanks for your help. Judith

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