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Strategies & Market Trends : Fidelity Select Sector funds
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To: Dennis who wrote (246)10/26/1997 12:24:00 AM
From: Money Mood  Read Replies (1) of 4916
 
Dear Dennis,

Thanks for your reply and advice. I am going to take a very close look at the energy sector and will call a money manager I know who is very fond of oil companies. Then will post. I had a small position in NORT for a very short time - sold it to buy more TPRO (my favorite stock). I mean I've already had some exposure to drillers.

I am thinking of selling my position in VEEEX to enter fidelity selects.

<<... once you pay 3% load you can switch among others selects "free" as long
as you hold at least 29 days.>>

I like this very much! This should mean that Fidelity considers all it's select funds as basically one fund. I guess I have to pay 3% load every time I add to my position in any of select funds - is that correct?

Thank you again.

Viktor.
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