-----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, CEXP40mznlnsFqE5JALGItk+zNfj3eS4J9ekCRr2AjoHdspObiakEvtSVv0wngDd nDBrry95yX/8ms9uPRjDcg== 0000356494-10-000004.txt : 20100205 0000356494-10-000004.hdr.sgml : 20100205 20100205134816 ACCESSION NUMBER: 0000356494-10-000004 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100205 DATE AS OF CHANGE: 20100205 EFFECTIVENESS DATE: 20100205 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: 10576758 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 S000007463 Consumer Staples Portfolio 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 S000007465 Gold Portfolio 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 S000007469 Materials Portfolio 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 S000007485 Telecommunications Portfolio 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 497 1 main.htm

Supplement to the

Fidelity Advisor Consumer Staples Fund
Class A, Class T, Class B, Class C, and Institutional Class
Classes of Consumer Staples Portfolio

Fidelity Advisor Gold Fund
Class A, Class T, Class B, Class C, and Institutional Class
Classes of Gold Portfolio

Fidelity Advisor Materials Fund
Class A, Class T, Class B, Class C, and Institutional Class
Classes of Materials Portfolio

Fidelity Advisor Telecommunications Fund
Class A, Class T, Class B, Class C, and Institutional Class
Classes of Telecommunications Portfolio

Funds of Fidelity® Select Portfolios®

STATEMENT OF ADDITIONAL INFORMATION

April 29, 2009

Kristina Salen has replaced Gavin Baker as the portfolio manager of Telecommunications.

The following information supplements similar information found in the "Management Contracts" section beginning on page 36.

The following table provides information relating to other accounts managed by Ms. Salen as of July 31, 2009:

 

Registered
Investment
Companies*

Other Pooled
Investment
Vehicles

Other
Accounts

Number of Accounts Managed

4

none

none

Number of Accounts Managed with Performance-Based Advisory Fees

none

none

none

Assets Managed (in millions)

$ 509

none

none

Assets Managed with Performance-Based Advisory Fees (in millions)

none

none

none

* Includes Telecommunications ($288 (in millions) assets managed).

Sector Fund Manager

Select Fund(s)

Dollar Range of Shares owned
as of July 31, 2009

Kristina Salen

Telecommunications

none

FASFB-10-01 February 5, 2010
1.848947.106

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