0001364924-15-000298.txt : 20151104 0001364924-15-000298.hdr.sgml : 20151104 20151104110627 ACCESSION NUMBER: 0001364924-15-000298 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20151104 DATE AS OF CHANGE: 20151104 EFFECTIVENESS DATE: 20151104 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: 151195914 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 S000007453 Air Tranportation Portfolio C000020427 Air Transportation Portfolio FSAIX 0000320351 S000007454 Consumer Discretionary Portfolio C000020428 Consumer Discretionary Portfolio FSCPX 0000320351 S000007455 Industrials Portfolio C000020429 Industrials Portfolio FCYIX 0000320351 S000007456 Defense and Aerospace Portfolio C000020430 Defense and Aerospace Portfolio FSDAX 0000320351 S000007457 Communications Equipment Portfolio C000020431 Communications Equipment Portfolio FSDCX 0000320351 S000007458 Electronics Portfolio C000020432 Electronics Portfolio FSELX 0000320351 S000007459 Energy Portfolio C000020433 Energy Portfolio FSENX 0000320351 S000007460 Energy Service Portfolio C000020434 Energy Service Portfolio FSESX 0000320351 S000007461 Environment and Alternative Energy Portfolio C000020435 Environment and Alternative Energy Portfolio FSLEX 0000320351 S000007462 Financial Services Portfolio C000020436 Financial Services Portfolio FIDSX 0000320351 S000007463 Consumer Staples Portfolio C000020437 Consumer Staples Portfolio FDFAX 0000320351 S000007464 Automotive Portfolio C000020438 Automotive Portfolio FSAVX 0000320351 S000007465 Gold Portfolio C000020439 Gold Portfolio FSAGX 0000320351 S000007466 Health Care Portfolio C000020440 Health Care Portfolio FSPHX 0000320351 S000007467 Consumer Finance Portfolio C000020441 Consumer Finance Portfolio FSVLX 0000320351 S000007468 Industrial Equipment Portfolio C000020442 Industrial Equipment Portfolio FSCGX 0000320351 S000007469 Materials Portfolio C000020443 Materials Portfolio FSDPX 0000320351 S000007470 Insurance Portfolio C000020444 Insurance Portfolio FSPCX 0000320351 S000007471 Leisure Portfolio C000020445 Leisure Portfolio FDLSX 0000320351 S000007472 Medical Delivery Portfolio C000020446 Medical Delivery Portfolio FSHCX 0000320351 S000007473 Medical Equipment and Systems Portfolio C000020447 Medical Equipment and Systems Portfolio FSMEX 0000320351 S000007475 Banking Portfolio C000020449 Banking Portfolio FSRBX 0000320351 S000007476 Multimedia Portfolio C000020450 Multimedia Portfolio FBMPX 0000320351 S000007477 Natural Gas Portfolio C000020451 Natural Gas Portfolio FSNGX 0000320351 S000007478 Natural Resources Portfolio C000020452 Natural Resources Portfolio FNARX 0000320351 S000007481 Pharmaceuticals Portfolio C000020455 Pharmaceuticals Portfolio FPHAX 0000320351 S000007482 Retailing Portfolio C000020456 Retailing Portfolio FSRPX 0000320351 S000007483 Software and Computer Services Portfolio C000020457 Software and Computer Services Portfolio FSCSX 0000320351 S000007484 Technology Portfolio C000020458 Technology Portfolio FSPTX 0000320351 S000007485 Telecommunications Portfolio C000020459 Telecommunications Portfolio FSTCX 0000320351 S000007486 Biotechnology Portfolio C000020460 Biotechnology Portfolio FBIOX 0000320351 S000007487 Transportation Portfolio C000020461 Transportation Portfolio FSRFX 0000320351 S000007488 Utilities Portfolio C000020462 Utilities Portfolio FSUTX 0000320351 S000007489 Wireless Portfolio C000020463 Wireless Portfolio FWRLX 0000320351 S000007490 Brokerage and Investment Management Portfolio C000020464 Brokerage and Investment Management Portfolio FSLBX 0000320351 S000007491 IT Services Portfolio C000020465 IT Services Portfolio FBSOX 0000320351 S000007492 Chemicals Portfolio C000020466 Chemicals Portfolio FSCHX 0000320351 S000007493 Computers Portfolio C000020467 Computers Portfolio FDCPX 0000320351 S000007494 Construction and Housing Portfolio C000020468 Construction and Housing Portfolio FSHOX 497 1 main.htm

Supplement to the

Fidelity® Select Portfolios®

Air Transportation Portfolio (FSAIX), Automotive Portfolio (FSAVX), Banking Portfolio (FSRBX), Biotechnology Portfolio (FBIOX), Brokerage and Investment Management Portfolio (FSLBX), Chemicals Portfolio (FSCHX), Communications Equipment Portfolio (FSDCX), Computers Portfolio (FDCPX), Construction and Housing Portfolio (FSHOX), Consumer Discretionary Portfolio (FSCPX), Consumer Finance Portfolio (FSVLX), Consumer Staples Portfolio (FDFAX), Defense and Aerospace Portfolio (FSDAX), Electronics Portfolio (FSELX), Energy Portfolio (FSENX), Energy Service Portfolio (FSESX), Environment and Alternative Energy Portfolio (FSLEX), Financial Services Portfolio (FIDSX), Gold Portfolio (FSAGX), Health Care Portfolio (FSPHX), Industrial Equipment Portfolio (FSCGX), Industrials Portfolio (FCYIX), Insurance Portfolio (FSPCX), IT Services Portfolio (FBSOX), Leisure Portfolio (FDLSX), Materials Portfolio (FSDPX), Medical Delivery Portfolio (FSHCX), Medical Equipment and Systems Portfolio (FSMEX), Multimedia Portfolio (FBMPX), Natural Gas Portfolio (FSNGX), Natural Resources Portfolio (FNARX), Pharmaceuticals Portfolio (FPHAX), Retailing Portfolio (FSRPX), Software and Computer Services Portfolio (FSCSX), Technology Portfolio (FSPTX), Telecommunications Portfolio (FSTCX), Transportation Portfolio (FSRFX), Utilities Portfolio (FSUTX), and Wireless Portfolio (FWRLX)

Consumer Staples Portfolio is a Class of shares of Consumer Staples Portfolio; Gold Portfolio is a Class of shares of Gold Portfolio; Materials Portfolio is a Class of shares of Materials Portfolio; and Telecommunications Portfolio is a Class of shares of Telecommunications Portfolio

Funds of Fidelity Select Portfolios

STATEMENT OF ADDITIONAL INFORMATION

April 29, 2015

Effective January 1, 2016, Medical Delivery Portfolio will be renamed Health Care Services Portfolio and Software and Computer Services Portfolio will be renamed Software and IT Services Portfolio. The features and policies of the funds will not change.

The following information supplements information found in the "Management Contracts" section beginning on page 61.

The following table provides information relating to other accounts managed by Daniel Dittler as of July 31, 2015:

 

Registered
Investment
Companies*

Other Pooled
Investment
Vehicles

Other
Accounts

Number of Accounts Managed

1

none

none

Number of Accounts Managed with Performance-Based Advisory Fees

none

none

none

Assets Managed (in millions)

$ 567

none

none

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

none

none

none

* Includes Select Brokerage and Investment Management Portfolio ($ 567 (in millions) assets managed).

Sector Fund Manager

Select Fund(s)

Dollar Range of Shares owned
as of July 31, 2015

Daniel Dittler

Select Brokerage and Investment Management Portfolio

none

SELB-15-04		November 4, 2015
1.475630.186

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

Effective January 1, 2016, Medical Delivery Portfolio will be renamed Health Care Services Portfolio. The features and policies of the fund will not change.

SELHC-15-01		November 4, 2015
1.918629.106

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

Effective January 1, 2016, Software and Computer Services Portfolio will be renamed Software and IT Services Portfolio. The features and policies of the fund will not change.

The following information replaces similar information found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 13.

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

Daniel Sherwood (co-manager) has managed the fund since October 2015.

The following information replaces the biographical information for Kyle Weaver found in the "Fund Management" section on page 30.

Kyle Weaver is lead portfolio manager of IT Services Portfolio, which he has managed since February 2009. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Weaver has worked as a research analyst and portfolio manager.

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

Daniel Sherwood is co-manager of IT Services Portfolio, which he has managed since October 2015. Since joining Fidelity Investments in 2008, Mr. Sherwood has worked as a research analyst and a portfolio manager.

SELTEC-15-03		November 4, 2015
1.918659.111