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Strategies & Market Trends : Fidelity Select Sector funds

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To: Angler who wrote (835)6/14/1998 9:23:00 PM
From: Julius Wong  Read Replies (1) of 4916
 
Hi Angler:

Welcome back. The strong dollar helps to make foreign travel more
interesting.

For my own record I post fund rankings on Wed. I keep track of 33
Select funds. I don't follow Cyclical Industries, Environment
Services, Industrial Materials, Natural Gas, and Natural Resources,
because these funds are small and do not have good records. I also
watch Real Estate fund (FRESX), which is not a Select fund.

The five most volatile Select funds are FDPMX, FSAGX, FSESX, FDCPX, and FSELX. Be very careful with these funds. Less volatile and good performing funds are FSLBX, FIDSX, FSRBX, FSPCX, FSPHX, FDLSX, and FSTCX.

Fidelity does not like frequent switching. There was an article in Wall Street Journal about mutual fund families trying to make switching more difficult.

Regards,
Julius
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