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Strategies & Market Trends : Fidelity Select Sector funds

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To: Shihchung Diana Shiue who started this subject9/1/2000 12:49:53 PM
From: varoujik  Read Replies (1) of 4916
 
Fidelity New Millennium Glossary How Do I...

Investment Overview
Fidelity New Millennium Fund seeks capital appreciation. The fund invests in all types of foreign and domestic equity securities, including common and preferred stock and securities that are convertible into common or preferred stock. Management seeks undervalued stocks that may benefit from social and economic trends. The fund may also invest in indexed securities, illiquid investments, restricted securities, repurchase agreements, securities loans, and interfund loans. Although the fund may purchase lower-rated, higher-yielding bonds, it intends to limit such investments to 5% of assets.

Morningstar Overall Ratings
Rating
Risk High
Return High

Category: Mid-Cap Growth
Fund Manager: Miller, Neal P.
Manager Tenure: 7
Inception Date: 12/28/92
Net Assets: $3,821.81 Mil
Yield: 0.00%

Fees and Expenses
Expense Ratio 0.93%
Front Load 3.00%
Deferred Sales Charge 0.00%
Redemption Fee 0.00%
12b-1 Fee 0.00%

Projected Expenses for $10,000 Purchase
3 year $594
5 year $810
10 year $1,431
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