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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?

To: Money Mood who wrote (247)	10/26/1997 8:47:00 PM
From: Dennis	Read Replies (1) \| Respond to of 4916

Viktor, 3% loads Any "New" money must pay a 3% load if you are getting into fidelity select funds. BUT, if you own one of their other mutual funds and paid a load this is applied towards the select fund choice. Ex: You own Magellan and switch to fsesx. You pay NO load on the switch because you paid a 3% load on Magellan. Please check with fidelity before doing anything to verify my comments. I really like the sector investing logic. I was in fselx for quite awhile and switch to fsesx a few months ago. I had fsdax and made a quick 18% a switched just before BA announced last week. That was luck on my part !! I have a lot riding on fsesx at this point but most of it I can switch out immediately because it is more than 29 days old. I never did fdcpx but wish I had. Newsletter: Bernie Kaplan call 1-516-437-2727 for a free copy. They track and give buy and sell orders on all fido selects using TA. Also try Dollarlink.com for a free trial offer. They use TA also to track fido selects. I get a newsletter from Eric Kobren, he tracks all funds by fidelity. 1-800-444-mfia for info. Good Luck, Dennis p.s. Let's hope this week is more rational !!!!!