Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Fund Focus: Fidelity Select Biotechnology Fund : FBIOX
Reply to @Art: My only reservation on Fidelity's sector funds is that they are the training ground for new fund managers. Vanguard Health Care, VGHAX and T.Rowe Price Health Care, PRSHX have had stable management team until Jenner moved on. Today, biotechnology is contributing more than half of today's blockbuster medicine.
Comments
Regards,
Ted
If this is a long term hold at Fidelity you might also consider (FSPHX). At this time (FSPHX) has a 25% overlap with (FBIOX).
Art