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Q&A With Douglas Simmons, Manager, Fidelity Select Utilities Portfolio

FYI: Funds that hold utilities stocks have been top performers this year as investors sought shelter from a turbulent stock market.

The sector has traditionally been seen as a more attractive investment at times of heightened market volatility. And their steady returns and high dividends also make utilities an appealing bet, especially when interest rates are low.

The sector is up 13.3 percent this year and 12.1 percent from a year ago. In contrast, the Standard & Poor’s 500 index is up only 0.3 percent this year, and remains off 2 percent from a year ago.
Regards,
Ted
https://www.washingtonpost.com/business/fund-manager-qanda-utilities-good-bet-in-volatile-market/2016/05/05/60222638-12f7-11e6-a9b5-bf703a5a7191_story.html

M* Snapshot FSUTX:
http://www.morningstar.com/funds/XNAS/FSUTX/quote.html

Lipper Snapshot FSUTX;
http://www.marketwatch.com/investing/Fund/FSUTX

FSUTX Ranks #5 In The (U) Fund Category By U.S. News & World Report:
http://money.usnews.com/funds/mutual-funds/utilities/fidelity®-select-utilities-portfolio/fsutx
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