0000719451-12-000201.txt : 20120724 0000719451-12-000201.hdr.sgml : 20120724 20120724082950 ACCESSION NUMBER: 0000719451-12-000201 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120724 DATE AS OF CHANGE: 20120724 EFFECTIVENESS DATE: 20120724 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: 12975606 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 S000007462 Financial Services Portfolio C000020436 Financial Services Portfolio FIDSX 0000320351 S000007467 Consumer Finance Portfolio C000020441 Consumer Finance Portfolio FSVLX 0000320351 S000007470 Insurance Portfolio C000020444 Insurance Portfolio FSPCX 0000320351 S000007475 Banking Portfolio C000020449 Banking Portfolio FSRBX 0000320351 S000007490 Brokerage and Investment Management Portfolio C000020464 Brokerage and Investment Management Portfolio FSLBX 497 1 sfin.htm

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

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

John Sheehy (portfolio manager) has managed the fund since January 2012.

The following information replaces similar information found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 10.

Christopher Lee (co-manager) has managed the fund since February 2009.

Shilpa Mehra (co-manager) has managed the fund since April 2012.

The following information replaces the biographical information found in the "Fund Management" section on page 27.

John Sheehy is portfolio manager of Banking Portfolio, which he has managed since January 2012. He also manages other funds. Mr. Sheehy joined Fidelity Investments in 2007 as an equity research analyst after receiving an MBA from the Stern School of Business at NYU.

Christopher Lee is co-manager of Consumer Finance Portfolio, which he has managed since February 2009. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Lee has worked as a research analyst and portfolio manager.

Shilpa Mehra is co-manager of Consumer Finance Portfolio, which she has managed since April 2012. Prior to joining Fidelity Investments in 2009 as a research analyst, Ms. Mehra interned at Gabelli Asset Management after receiving her MBA at Columbia University. 

SELFIN-12-04		July 24, 2012
1.916419.106