-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Mklz+qt+T6MAwyi2KBYs90vWLQdFphlBDeGnIxQXYZZ0BVwF/+HGmw1j9q/iqCVi FjAYXIBaQ7GDVNpVCK8cbQ== 0000320351-07-000005.txt : 20070216 0000320351-07-000005.hdr.sgml : 20070216 20070216085618 ACCESSION NUMBER: 0000320351-07-000005 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070216 DATE AS OF CHANGE: 20070216 EFFECTIVENESS DATE: 20070216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SELECT PORTFOLIOS CENTRAL INDEX KEY: 0000320351 IRS NUMBER: 042732797 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-69972 FILM NUMBER: 07629464 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-563-1413 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 0000320351 S000007453 Air Tranportation Portfolio C000020427 Air Transportation Portfolio FSAIX 0000320351 S000007454 Consumer Discretionary Portfolio C000020428 Consumer Discretionary Portfolio FSCPX 0000320351 S000007455 Industrials Portfolio C000020429 Industrials Portfolio FCYIX 0000320351 S000007456 Defense and Aerospace Portfolio C000020430 Defense and Aerospace Portfolio FSDAX 0000320351 S000007457 Communications Equipment Portfolio C000020431 Communications Equipment Portfolio FSDCX 0000320351 S000007458 Electronics Portfolio C000020432 Electronics Portfolio FSELX 0000320351 S000007459 Energy Portfolio C000020433 Energy Portfolio FSENX 0000320351 S000007460 Energy Service Portfolio C000020434 Energy Service Portfolio FSESX 0000320351 S000007461 Environmental Portfolio C000020435 Environmental Portfolio FSLEX 0000320351 S000007462 Financial Services Portfolio C000020436 Financial Services Portfolio FIDSX 0000320351 S000007463 Consumer Staples Portfolio C000020437 Consumer Staples Portfolio FDFAX C000040616 Fidelity Advisor Consumer Staples Fund: Class A C000040617 Fidelity Advisor Consumer Staples Fund: Class B C000040618 Fidelity Advisor Consumer Staples Fund: Class C C000040619 Fidelity Advisor Consumer Staples Fund: Class T C000040620 Fidelity Advisor Consumer Staples Fund: Institutional Class 0000320351 S000007464 Automotive Portfolio C000020438 Automotive Portfolio FSAVX 0000320351 S000007465 Gold Portfolio C000020439 Gold Portfolio FSAGX C000040621 Fidelity Advisor Gold Fund: Institutional Class C000040622 Fidelity Advisor Gold Fund: Class A C000040623 Fidelity Advisor Gold Fund: Class B C000040624 Fidelity Advisor Gold Fund: Class C C000040625 Fidelity Advisor Gold Fund: Class T 0000320351 S000007466 Health Care Portfolio C000020440 Health Care Portfolio FSPHX 0000320351 S000007467 Home Finance Portfolio C000020441 Home Finance Portfolio FSVLX 0000320351 S000007468 Industrial Equipment Portfolio C000020442 Industrial Equipment Portfolio FSCGX 0000320351 S000007469 Materials Portfolio C000020443 Materials Portfolio FSDPX C000040626 Fidelity Advisor Materials Fund: Class A C000040627 Fidelity Advisor Materials Fund: Class B C000040628 Fidelity Advisor Materials Fund: Class C C000040629 Fidelity Advisor Materials Fund: Class T C000040630 Fidelity Advisor Materials Fund: Institutional Class 0000320351 S000007470 Insurance Portfolio C000020444 Insurance Portfolio FSPCX 0000320351 S000007471 Leisure Portfolio C000020445 Leisure Portfolio FDLSX 0000320351 S000007472 Medical Delivery Portfolio C000020446 Medical Delivery Portfolio FSHCX 0000320351 S000007473 Medical Equipment and Systems Portfolio C000020447 Medical Equipment and Systems Portfolio FSMEX 0000320351 S000007474 Money Market Portfolio C000020448 Money Market Portfolio FSLXX 0000320351 S000007475 Banking Portfolio C000020449 Banking Portfolio FSRBX 0000320351 S000007476 Multimedia Portfolio C000020450 Multimedia Portfolio FBMPX 0000320351 S000007477 Natural Gas Portfolio C000020451 Natural Gas Portfolio FSNGX 0000320351 S000007478 Natural Resources Portfolio C000020452 Natural Resources Portfolio FNARX 0000320351 S000007479 Networking and Infrastructure Portfolio C000020453 Networking and Infrastructure Portfolio FNINX 0000320351 S000007480 Paper and Forest Products Portfolio C000020454 Paper and Forest Products Portfolio FSPFX 0000320351 S000007481 Pharmaceuticals Portfolio C000020455 Pharmaceuticals Portfolio FPHAX 0000320351 S000007482 Retailing Portfolio C000020456 Retailing Portfolio FSRPX 0000320351 S000007483 Software and Computer Services Portfolio C000020457 Software and Computer Services Portfolio FSCSX 0000320351 S000007484 Technology Portfolio C000020458 Technology Portfolio FSPTX 0000320351 S000007485 Telecommunications Portfolio C000020459 Telecommunications Portfolio FSTCX C000040631 Fidelity Advisor Telecommunications Fund: Class A C000040632 Fidelity Advisor Telecommunications Fund: Class B C000040633 Fidelity Advisor Telecommunications Fund: Class C C000040634 Fidelity Advisor Telecommunications Fund: Class T C000040635 Fidelity Advisor Telecommunications Fund: Institutional Class 0000320351 S000007486 Biotechnology Portfolio C000020460 Biotechnology Portfolio FBIOX 0000320351 S000007487 Transportation Portfolio C000020461 Transportation Portfolio FSRFX 0000320351 S000007488 Utilities Growth Portfolio C000020462 Utilities Growth Portfolio FSUTX 0000320351 S000007489 Wireless Portfolio C000020463 Wireless Portfolio FWRLX 0000320351 S000007490 Brokerage and Investment Management Portfolio C000020464 Brokerage and Investment Management Portfolio FSLBX 0000320351 S000007491 IT Services Portfolio C000020465 IT Services Portfolio FBSOX 0000320351 S000007492 Chemicals Portfolio C000020466 Chemicals Portfolio FSCHX 0000320351 S000007493 Computers Portfolio C000020467 Computers Portfolio FDCPX 0000320351 S000007494 Construction and Housing Portfolio C000020468 Construction and Housing Portfolio FSHOX 497 1 main.htm

Supplement to the

Fidelity® Select Portfolios®

STATEMENT OF ADDITIONAL INFORMATION

April 29, 2006
Revised November 29, 2006

Consumer Portfolio, Gold Portfolio, Materials Portfolio, and Telecommunications Portfolio are composed of multiple classes of shares. References to each fund are deemed to include class where applicable. The features and policies related to your shares of each fund will not change.

Duffy Fischer has replaced Chris Bartel as the portfolio manager of Chemicals Portfolio. All references to Chris Bartel regarding Chemicals Portfolio are removed from the "Management Contracts" section.

<R>The following information supplements similar information found in the "Management Contracts" section beginning on page 48.</R>

<R>The following table provides information relating to other accounts managed by Mr. Fischer as of December 31, 2006:</R>

<R>Registered
Investment
Companies*</R>

<R>Other Pooled
Investment
Vehicles</R>

<R>Other
Accounts</R>

<R>Number of Accounts Managed</R>

<R>1</R>

<R>none</R>

<R>none</R>

<R>Number of Accounts Managed with Performance-Based Advisory Fees</R>

<R>none</R>

<R>none</R>

<R>none</R>

<R>Assets Managed (in millions)</R>

<R>$ 101</R>

<R>none</R>

<R>none</R>

<R>Assets Managed with Performance-Based Advisory Fees (in millions)</R>

<R>none</R>

<R>none</R>

<R>none</R>

* Includes Chemicals Portfolio ($101 (in millions) assets managed).

<R>Sector Fund Manager</R>

<R>Select
Fund(s)</R>

<R>Dollar Range of
Shares owned as of
December 31, 2006</R>

<R>Duffy Fischer</R>

<R>Chemicals</R>

<R>none</R>

<R>Chris Bartel no longer manages Paper and Forest Products Portfolio or Transportation Portfolio. All references to Chris Bartel regarding Paper and Forest Products Portfolio and Transportation Portfolio have been removed from the "Management Contracts" section.</R>

<R>James Morrow no longer manages IT Services Portfolio. All references to James Morrow have been removed from the "Management Contracts" section.</R>

<R>SELB-07-01 February 16, 2007
1.475630.129</R>

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