Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: Money Mood who wrote (270)	10/30/1997 1:15:00 AM
From: cbstock	Read Replies (1) of 4916

Hi Victor, Here is a little more info that might help if you want to persue a buy and hold strategy. Kaplan did some analysis and back tested previous years. What he found that if you take the 5 or 6 best performers from the last year and design your portfolio equally between them for the next 12 months that the average was around 30% These funds from 1996 were FSELX, FSESX, FSBLX, FSRBX ,and FSVLX. You also could add FSGNX but I threw it out . The return so far this year for these funds is, as of today is 30% from Jan 1, 1997. Bernie calld this a simpleton portfolio but it seems more like a home run, based on the returns so far this year. You could use the same strategy on 1/1/98. Regards cb cb

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