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Fidelity Select Biotech Fund
 

March 5, 2000

Lately, in the vast sea of Fidelity mutual funds, one particular fund has stood out – the Fidelity Select Biotechnology fund.  This Fidelity fund has found itself smack in the middle of one of the hottest sectors today, biotechnology.  If you look on any mutual fund list of the top performing sector funds over the past few weeks, you will see a familiar name consistently appearing at the top.  The Fidelity Select Biotechnology Fund is well positioned to benefit from the current momentum in biotech and health related growth companies. 

For investors that believe biotechnology represents the second wave of the New Economy (the Internet is the first wave) and are willing to accept more risk (these funds are much more volatile) for the potential for a higher return, this specialty fund, which invests solely in biotech companies, may offer you an unique opportunity to capitalize on the potential for tremendous growth offered by companies pursuing the cures for life-threatening diseases such as cancer and heart disease.

Fidelity Select Biotechnology Fund

Symbol

                      FBIOX

Phone Number

          (800) 544 – 8888

Web Site

www.fidelity.com

Minimum Investment

  $2,500

Front Load/Redemption Fee

                   3.0%/0.75%

Expense Ratio

1.30%

12b-1 Fee

None

Year to date return (as of 12/31/99)

94.79%

Average annual 5 year return (as of 12/31/99)

36.22%

(Source:  www.quicken.com – accuracy of this information is not guaranteed)

Note:     Past results is no indication of future performance.  This information is provided to you as a starting point to BEGIN your research and is not to be construed as an offer to sell or a solicitation of an offer to buy.  The information presented in this article represents MsFiscallyFit.com's feelings and opinions about a particular stock or mutual fund on the specified date and is not meant to be a specific trading recommendation.  Stocks and sector mutual funds tend to be riskier and more volatile and should be considered by investors that have long term investment timeframes, a tolerance for risk and are willing to accept unplanned volatility.  Our opinions are based on sources believed to be reliable and written in good faith, but no representation or warranty, expressed or implied, is made as to their accuracy, completeness or correctness or the results obtained by individuals using such information.   Readers are urged to consult with their own financial advisors before any investment decision is made and all information contained in this information should be independently verified with other sources.  Partners, employees and affiliates of MsFiscallyFit.com may or may not hold positions in any of the stocks or mutual funds included in this information.  MsFiscallyFit.com does not receive any compensation of any kind from the companies that we express opinions about.  As always, each reader is responsible for the risks and consequences of their own investment activities and in no event, shall MsFiscallyFit.com or its employees, partners or affiliates be liable for any damages, direct or indirect, that may result from the use of this information

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