0000878467-15-000521.txt : 20150724 0000878467-15-000521.hdr.sgml : 20150724 20150724102619 ACCESSION NUMBER: 0000878467-15-000521 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150724 DATE AS OF CHANGE: 20150724 EFFECTIVENESS DATE: 20150724 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: 151003670 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 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 main.htm

Supplement to the
Fidelity® Select Portfolios®
Financials Sector
April 29, 2015
Prospectus

The following information supplements similar information for Brokerage and Investment Management Portfolio found in the "Fund Summary" section under the heading "Portfolio Manager(s) on page 8.

Christopher Lee (co-manager) has managed the fund since May 2013.

Daniel Dittler (co-manager) has managed the fund since July 2015.

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

Christopher Lee is co-manager of Brokerage and Investment Management Portfolio, which he has managed since May 2013. He also manages other funds. Since joining Fidelity Investments in 2004, Mr. Lee has worked as a research analyst and portfolio manager.

Daniel Dittler is co-manager of Brokerage and Investment Management Portfolio, which he has managed since July 2015. Since joining Fidelity Investments in 2008, Mr. Dittler has worked as an equity research analyst and portfolio manager.

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