Fidelity Select Retailing Portfolio

This fund primarily allocates its capital to common stocks, with a mandate to invest at least 80% of its assets in businesses that generate revenue by selling finished goods and services directly to individual consumers. Its holdings include both U.S. and international companies. Investment decisions are based on a thorough fundamental analysis, considering factors like an issuer's financial strength, its competitive position within its sector, and prevailing market and economic conditions. Notably, this is a non-diversified fund.