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To: Investor2 who wrote (4237)3/17/1998 9:03:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 42834
 
As with any Fidelity fund, one has to watch out for style drift. Fidelity resorts to such tricks to beef up their returns. For instance, the Fidelity Select Utilities Growth has as its major holdings, SBC Communications, GTE, AirTouch Communications, MCI and so on. As per the latest numbers available to me, the fund has only about 30% of the portfolio in genuine utilities companies...

Dipy.