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

To: Christopher who wrote (927)	9/6/1998 9:43:00 PM
From: MoneyPenny	Read Replies (1) \| Respond to of 4916

You only pay the load once. For trades of less than 30 days there is a .75% redemption fee. These fees assume you are using one of fidelity's automated systems, like the computer or touch tone trader. I think it is a small additional charge for a "live" rep. Of course the internet is the best way, especially now that they post the hourly NAV on the funds. It makes interday trading less of a guess. If your funds are parked in cash, the $7.50 purchase fee doesn't apply on one of the directions. Some people day trade these funds so I imagine they can give you better information.