0000320351-13-000030.txt : 20130315 0000320351-13-000030.hdr.sgml : 20130315 20130315120117 ACCESSION NUMBER: 0000320351-13-000030 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130315 DATE AS OF CHANGE: 20130315 EFFECTIVENESS DATE: 20130315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SELECT PORTFOLIOS CENTRAL INDEX KEY: 0000320351 IRS NUMBER: 000000000 FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-69972 FILM NUMBER: 13692909 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET CITY: BOSTON STATE: MA ZIP: 02109 0000320351 S000007485 Telecommunications Portfolio C000020459 Telecommunications Portfolio FSTCX 0000320351 S000007489 Wireless Portfolio C000020463 Wireless Portfolio FWRLX 497 1 main.htm

Supplement to the
Fidelity® Select Portfolios®
Telecommunications Services Sector
April 28, 2012
Prospectus

The following information replaces similar information for Telecommunications Portfolio found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 4.

Matthew Drukker (portfolio manager) has managed the fund since January 2013.

The following information replaces similar information for Wireless Portfolio found in the "Fund Summary" Section under the heading " Portfolio Manager(s)" on page 7.

Kyle Weaver (portfolio manager) has managed the fund since July 2009.

The following information replaces the biographical information for Kristina Salen, Kyle Weaver, and Matthew Drukker found in the "Fund Management" section on page 17.

Kyle Weaver is portfolio manager of Wireless Portfolio, which he has managed since July 2009. He also manages other funds. Prior to joining Fidelity Investments in May 2008 as a research analyst, Mr. Weaver was a research analyst and portfolio manager for RiverSource Investments, LLC since 2002.

Matthew Drukker is portfolio manager of Telecommunications Portfolio, which he has managed since January 2013. He also manages other funds. Prior to joining Fidelity Investments in August 2008 as a research analyst, Mr. Drukker was an investment banker at Sander O'Neill in New York from 1999 to 2006. 

SELTS-13-02		March 15, 2013
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