0000819118-14-000041.txt : 20141017 0000819118-14-000041.hdr.sgml : 20141017 20141017135923 ACCESSION NUMBER: 0000819118-14-000041 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141017 DATE AS OF CHANGE: 20141017 EFFECTIVENESS DATE: 20141017 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SELECT PORTFOLIOS CENTRAL INDEX KEY: 0000320351 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-69972 FILM NUMBER: 141161597 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 0000320351 S000007457 Communications Equipment Portfolio C000020431 Communications Equipment Portfolio FSDCX 0000320351 S000007458 Electronics Portfolio C000020432 Electronics Portfolio FSELX 0000320351 S000007483 Software and Computer Services Portfolio C000020457 Software and Computer Services Portfolio FSCSX 0000320351 S000007484 Technology Portfolio C000020458 Technology Portfolio FSPTX 0000320351 S000007491 IT Services Portfolio C000020465 IT Services Portfolio FBSOX 0000320351 S000007493 Computers Portfolio C000020467 Computers Portfolio FDCPX 497 1 SELTEC_main.htm

Supplement to the
Fidelity® Select Portfolios®
Information Technology Sector
April 29, 2014
Prospectus

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

Ali Khan (lead portfolio manager) has managed the fund since January 2012.

Colin Anderson (co-manager) has managed the fund since October 2014.

The following information replaces similar information for Software and Computer Services Portfolio found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 16.

Brian Lempel (lead portfolio manager) has managed the fund since February 2009.

Ali Khan (co-manager) has managed the fund since July 2014.

The following information replaces the biographical information for Brian Lempel and Ali Khan found in the "Fund Services" section under the heading "Fund Management" on page 30.

Brian Lempel is lead portfolio manager of Software and Computer Services Portfolio, which he has managed since February 2009. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Lempel has worked as a research analyst and portfolio manager.

Ali Khan is lead portfolio manager of Communications Equipment Portfolio and co-manager of Software and Computer Services Portfolio, which he has managed since January 2012 and July 2014, respectively. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Khan has worked as an equity research associate and portfolio manager.

The following information supplements the biographical information found in the "Fund Services" section under the heading "Fund Management" on page 30.

Colin Anderson is co-manager of Communications Equipment Portfolio, which he has managed since October 2014. He also manages other funds. Since joining Fidelity Investments in 2007, Mr. Anderson has worked as a research associate, research analyst, and portfolio manager. 

SELTEC-14-03		October 17, 2014
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