Fidelity Select Consumer Discretionary

This investment vehicle predominantly allocates its capital to common equities. A significant portion, specifically at least 80% of its total assets, is dedicated to firms primarily involved in the creation and delivery of non-essential consumer goods and services. Its holdings encompass both domestic and international entities. Investment selections are guided by a thorough fundamental examination, assessing aspects like a company's financial strength, its competitive placement within its sector, and prevailing market and economic trends. Notably, this fund maintains a non-diversified structure.