0001379491-16-006510.txt : 20161020 0001379491-16-006510.hdr.sgml : 20161020 20161020103124 ACCESSION NUMBER: 0001379491-16-006510 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 22 FILED AS OF DATE: 20161020 DATE AS OF CHANGE: 20161020 EFFECTIVENESS DATE: 20161020 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: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-69972 FILM NUMBER: 161943761 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 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: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-03114 FILM NUMBER: 161943762 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 S000039313 Fidelity Real Estate Investment Portfolio C000121124 Fidelity Real Estate Investment Portfolio FRESX 0000320351 S000039314 Fidelity International Real Estate Fund C000121125 Fidelity Advisor International Real Estate Fund: Class A FIRAX C000121127 Fidelity Advisor International Real Estate Fund: Class C FIRCX C000121128 Fidelity Advisor International Real Estate Fund: Class T FIRTX C000121129 Fidelity International Real Estate Fund FIREX C000121130 Fidelity Advisor International Real Estate Fund: Class I FIRIX 485BPOS 1 filing995.htm PRIMARY DOCUMENT





SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

 

REGISTRATION STATEMENT (No. 002-69972)

 

UNDER THE SECURITIES ACT OF 1933

[X]

 

Pre-Effective Amendment No.  ____

[ ]

 

Post-Effective Amendment No. 123

[X]

And

REGISTRATION STATEMENT (No. 811-03114)

 

UNDER THE INVESTMENT COMPANY ACT OF 1940

[X]

 

Amendment No. 123

[X]

 

Fidelity Select Portfolios

(Exact Name of Registrant as Specified in Charter)

 

245 Summer Street, Boston, Massachusetts 02210

(Address Of Principal Executive Offices)      (Zip Code)

 

Registrants Telephone Number:  617-563-7000

 

Marc Bryant, Secretary

245 Summer Street

Boston, Massachusetts 02210

(Name and Address of Agent for Service)

 

It is proposed that this filing will become effective immediately upon filing pursuant to paragraph (b).

 







EXHIBIT INDEX



Exhibit

Exhibit No.

XBRL Instance Document

EX-101.INS

XBRL Taxonomy Extension Schema Document

EX-101.SCH

XBRL Taxonomy Extension Calculation Linkbase Document

EX-101.CAL

XBRL Taxonomy Extension Definition Linkbase Document

EX-101.DEF

XBRL Taxonomy Extension Labels Linkbase Document

EX-101.LAB

XBRL Taxonomy Extension Presentation Linkbase Document

EX-101.PRE



SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for the effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment No. 123 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Boston, and Commonwealth of Massachusetts, on the 20th day of October 2016.

 

Fidelity Select Portfolios

 

By

/s/Adrien E. Deberghes

 

||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

 

Adrien E. Deberghes, President

 


Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.


     (Signature)

 

(Title)

(Date)

 

 

 

 

/s/Adrien E. Deberghes

 

President and Treasurer

October 20, 2016

Adrien E. Deberghes

 

(Principal Executive Officer)

 

 

 

 

 

/s/Howard J. Galligan III

 

Chief Financial Officer

October 20, 2016

Howard J. Galligan III

 

(Principal Financial Officer)

 

 

 

 

 

/s/Brian B. Hogan

*

Trustee

October 20, 2016

Brian B. Hogan

 

 

 

 

 

 

 

/s/David A. Rosow

*

Trustee

October 20, 2016

David A. Rosow

 

 

 

 

 

 

 

/s/Garnett A. Smith

*

Trustee

October 20, 2016

Garnett A. Smith

 

 

 

 

 

 

 

/s/Michael E. Wiley

*

Trustee

October 20, 2016

Michael E. Wiley

 

 

 


*

By:

/s/Megan C. Johnson

 

 

Megan C. Johnson, pursuant to a power of attorney dated November 1, 2014 and filed herewith.



POWER OF ATTORNEY

We, the undersigned Directors or Trustees, as the case may be, of the following investment companies:


Fidelity Advisor Series VII

Fidelity Covington Trust

Fidelity Select Portfolios

Variable Insurance Products Fund IV

in addition to any other investment company for which Fidelity SelectCo, LLC (“SelectCo”) or an affiliate acts as investment adviser and for which the undersigned individuals serve as Directors or Trustees (collectively, the “Funds”), hereby revoke all previous powers of attorney we have given to sign and otherwise act in our names and behalf in matters involving any investment company for which SelectCo or an affiliate acts as investment adviser and hereby constitute and appoint Thomas C. Bogle, Joseph R. Fleming, John V. OHanlon, Robert W. Helm, Megan C. Johnson, and Anthony H. Zacharski, each of them singly, our true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for us and in our names in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, or any successors thereto, any and all subsequent Amendments, Pre-Effective Amendments, or Post-Effective Amendments to said Registration Statements or any successors thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in our names and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940, and all related requirements of the Securities and Exchange Commission.  We hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.  This power of attorney is effective for all documents filed on or after November 1, 2014.

WITNESS our hands on this 1st day of November 2014.


/s/Brian B. Hogan

/s/Garnett A. Smith

Brian B. Hogan


Garnett A. Smith


/s/David A. Rosow

/s/Michael E. Wiley

David A. Rosow


Michael E. Wiley




1

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iso4217:USD xbrli:pure xbrli:shares iso4217:USD xbrli:shares 0000320351FIDELITY SELECT PORTFOLIOS485BPOS2016-09-272016-09-292016-07-31false2016-09-29<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: normal 12pt Arial, Helvetica, sans-serif;"><b>Fund/Class</b>:<br/><b>Fidelity® International Real Estate Fund</b>/Fidelity Advisor® International Real Estate Fund A, T, C, I</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The fund seeks capital appreciation.</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font><font style="FONT-FAMILY: Times New Roman" size="3">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity® funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page 28 of the prospectus.</font>50000<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.</p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity<sup>®</sup> funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page 28 of the prospectus.</p><p style="font: bold 11pt Arial, sans-serif; margin-bottom: 0px;">Shareholder fees</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">(fees paid directly from your investment)</p>~ http://www.proofPlus.com/role/ShareholderFeesS000039314_D0731FidelityInternationalRealEstateFundATCIPRO03 column period compact * ~0.05750.03500.000.00<font style="FONT-FAMILY: Times New Roman" size="3">Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</font>0.00<font style="FONT-FAMILY: Times New Roman" size="3">Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.</font>0.00<font style="FONT-FAMILY: Times New Roman" size="3">On Class C shares redeemed less than one year after purchase.</font>0.01000.00-0.0150-0.0150-0.0150-0.0150<p style="font: bold 11pt Arial, sans-serif; margin-bottom: 0px;">Annual Operating Expenses</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">(expenses that you pay each year as a % of the value of your investment)</p>~ http://www.proofPlus.com/role/OperatingExpensesS000039314_D0731FidelityInternationalRealEstateFundATCIPRO03 column period compact * ~0.00700.00700.00700.00700.00250.00500.01000.000.00400.00460.00400.00270.01350.01660.02100.0097<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other funds. </p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares: </p>705705513513313213999997897885585565865830930912721272122112211129112953653621052105224722472431243111901190~ http://www.proofPlus.com/role/ExpenseExampleS000039314_D0731FidelityInternationalRealEstateFundATCIPRO03 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>~ http://www.proofPlus.com/role/ExpenseExampleNoRedemptionS000039314_D0731FidelityInternationalRealEstateFundATCIPRO03 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Hold Shares</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>0.71<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 71% of the average value of its portfolio. </p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in non-U.S. securities.</li><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.</li><li style="padding-bottom: 10px;">Allocating investments across different countries and regions.</li><li style="padding-bottom: 10px;">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</li></ul><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Stock Market Volatility.</i></b> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Foreign Exposure.</i></b> Foreign markets, particularly emerging markets, can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. Emerging markets can be subject to greater social, economic, regulatory, and political uncertainties and can be extremely volatile. Foreign exchange rates also can be extremely volatile. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Real Estate Industry Concentration.</i></b> Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Issuer-Specific Changes.</i></b> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.</p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund. </p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">institutional.fidelity.com</font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. </p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">Visit institutional.fidelity.com for more recent performance information.</p><p style="font:bold 11pt Arial, sans-serif; margin-bottom: 0px;">Year-by-Year Returns</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Calendar Years</p><font style="FONT-FAMILY: Times New Roman" size="3">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.</p>-0.50710.35600.1424-0.22430.43780.12280.03940.0160~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000039314_D0731FidelityInternationalRealEstateFundATCIPRO03 column period compact * ~Highest Quarter Return0.35252009-06-30Lowest Quarter Return-0.24432008-12-31Year-to-Date Return0.01012016-06-30<table style="font: normal 9pt Arial, sans-serif;" border="0" cellspacing="5" cellpadding="0" width="745"><tr><td align="left" valign="top">During the periods shown in the chart for Class A:</td><td align="right" valign="top">Returns</td><td align="right" valign="top">Quarter ended</td></tr><tr><td align="left" valign="top">Highest Quarter Return</td><td align="right" valign="top" >35.25%</td><td align="right" valign="top">June 30, 2009</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-24.43%</td><td align="right" valign="top">December 31, 2008</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">1.01%</td><td align="right" valign="top">June 30, 2016</td></tr></table><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan).</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>~ http://www.proofPlus.com/role/AverageAnnualTotalReturnsS000039314_D0731FidelityInternationalRealEstateFundATCIPRO03 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Class A - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>-0.04240.0451-0.0214<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>-0.04990.0308-0.0363<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>-0.02050.0301-0.0203<font style="FONT-FAMILY: Times New Roman" ><b>Class T - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>-0.02270.0471-0.0214<font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>-0.00110.0497-0.0222<font style="FONT-FAMILY: Times New Roman" ><b>Class I - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>0.01900.0605-0.0121-0.00670.03740.0023-0.02090.0482-0.01192007-04-042007-04-042007-04-042007-04-042007-04-042007-04-04<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. </p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">For the periods ended December 31, 2015</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: normal 12pt Arial, Helvetica, sans-serif;"><b>Fund/Class</b>:<br/><b>Fidelity® International Real Estate Fund</b>/Fidelity® International Real Estate Fund</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The fund seeks capital appreciation.</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.</p><p style="font: bold 11pt Arial, sans-serif; margin-bottom: 0px;">Shareholder fees</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">(fees paid directly from your investment)</p>~ http://www.proofPlus.com/role/ShareholderFeesS000039314_D0731FidelityInternationalRealEstateFundRetailPRO02 column period compact * ~-0.0150<p style="font: bold 11pt Arial, sans-serif; margin-bottom: 0px;">Annual Operating Expenses</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">(expenses that you pay each year as a % of the value of your investment)</p>~ http://www.proofPlus.com/role/OperatingExpensesS000039314_D0731FidelityInternationalRealEstateFundRetailPRO02 column period compact * ~0.00700.000.00430.0113<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other funds. </p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: </p>1153596221375~ http://www.proofPlus.com/role/ExpenseExampleS000039314_D0731FidelityInternationalRealEstateFundRetailPRO02 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>0.71<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 71% of the average value of its portfolio. </p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in non-U.S. securities.</li><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.</li><li style="padding-bottom: 10px;">Allocating investments across different countries and regions.</li><li style="padding-bottom: 10px;">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</li></ul><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Stock Market Volatility.</i></b> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Foreign Exposure.</i></b> Foreign markets, particularly emerging markets, can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. Emerging markets can be subject to greater social, economic, regulatory, and political uncertainties and can be extremely volatile. Foreign exchange rates also can be extremely volatile. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Real Estate Industry Concentration.</i></b> Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Issuer-Specific Changes.</i></b> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.</p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund. </p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com</font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. </p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">Visit www.fidelity.com for more recent performance information.</p><p style="font:bold 11pt Arial, sans-serif; margin-bottom: 0px;">Year-by-Year Returns</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Calendar Years</p>0.4287-0.0825-0.50520.35820.1453-0.22240.44160.12580.04210.0179~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000039314_D0731FidelityInternationalRealEstateFundRetailPRO02 column period compact * ~Highest Quarter Return0.35182009-06-30Lowest Quarter Return-0.24322008-12-31Year-to-Date Return0.01202016-06-30<table style="font: normal 9pt Arial, sans-serif;" border="0" cellspacing="5" cellpadding="0" width="745"><tr><td align="left" valign="top">During the periods shown in the chart:</td><td align="right" valign="top">Returns</td><td align="right" valign="top">Quarter ended</td></tr><tr><td align="left" valign="top">Highest Quarter Return</td><td align="right" valign="top" >35.18%</td><td align="right" valign="top">June 30, 2009</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-24.32%</td><td align="right" valign="top">December 31, 2008</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">1.20%</td><td align="right" valign="top">June 30, 2016</td></tr></table><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan).</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>~ http://www.proofPlus.com/role/AverageAnnualTotalReturnsS000039314_D0731FidelityInternationalRealEstateFundRetailPRO02 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>0.01790.06000.0305<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>0.00920.04490.0133<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® International Real Estate Fund</b></font>0.01380.04160.0187-0.00670.03740.0318-0.02090.04820.0381<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. </p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">For the periods ended December 31, 2015</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Fidelity® Real Estate Investment Portfolio</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The fund seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund seeks to provide a yield that exceeds the composite yield of the S&amp;P 500<sup>®</sup> Index.</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.</p><p style="font: bold 11pt Arial, sans-serif; margin-bottom: 0px;">Shareholder fees</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">(fees paid directly from your investment)</p>~ http://www.proofPlus.com/role/ShareholderFeesS000039313_D0731FidelityRealEstateInvestmentPortfolioPRO03 column period compact * ~-0.0075<p style="font: bold 11pt Arial, sans-serif; margin-bottom: 0px;">Annual Operating Expenses</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">(expenses that you pay each year as a % of the value of your investment)</p>~ http://www.proofPlus.com/role/OperatingExpensesS000039313_D0731FidelityRealEstateInvestmentPortfolioPRO03 column period compact * ~0.00550.000.00230.0078<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">This <b>example</b> helps compare the cost of investing in the fund with the cost of investing in other funds. </p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: </p>80249433966~ http://www.proofPlus.com/role/ExpenseExampleS000039313_D0731FidelityRealEstateInvestmentPortfolioPRO03 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>0.24<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 24% of the average value of its portfolio. </p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font><font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.</li><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li><li style="padding-bottom: 10px;">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</li></ul><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font><font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.</font><font style="FONT-FAMILY: Times New Roman" size="3">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font><font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Stock Market Volatility.</i></b> Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Foreign Exposure.</i></b> Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Real Estate Industry Concentration.</i></b> Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Issuer-Specific Changes.</i></b> The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.</p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund. </p><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font><font style="FONT-FAMILY: Times New Roman" size="3">The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time.</font><font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font><font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com</font><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. </p><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">Visit www.fidelity.com for more recent performance information.</p><p style="font:bold 11pt Arial, sans-serif; margin-bottom: 0px;">Year-by-Year Returns</p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Calendar Years</p>0.3284-0.2134-0.38210.32890.29850.08290.18020.01530.30130.0595~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000039313_D0731FidelityRealEstateInvestmentPortfolioPRO03 column period compact * ~Highest Quarter Return0.41032009-09-30Lowest Quarter Return-0.37432008-12-31Year-to-Date Return0.12532016-06-30<table style="font: normal 9pt Arial, sans-serif;" border="0" cellspacing="5" cellpadding="0" width="745"><tr><td align="left" valign="top">During the periods shown in the chart:</td><td align="right" valign="top">Returns</td><td align="right" valign="top">Quarter ended</td></tr><tr><td align="left" valign="top">Highest Quarter Return</td><td align="right" valign="top" >41.03%</td><td align="right" valign="top">September 30, 2009</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-37.43%</td><td align="right" valign="top">December 31, 2008</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">12.53%</td><td align="right" valign="top">June 30, 2016</td></tr></table><font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font><font style="FONT-FAMILY: Times New Roman" size="3">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.</font><font style="FONT-FAMILY: Times New Roman" size="3">The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan).</font><font style="FONT-FAMILY: Times New Roman" size="3">Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.</font>~ http://www.proofPlus.com/role/AverageAnnualTotalReturnsS000039313_D0731FidelityRealEstateInvestmentPortfolioPRO03 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® Real Estate Investment Portfolio</b></font>0.05950.12340.0714<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® Real Estate Investment Portfolio</b></font>0.04350.11720.0629<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Fidelity® Real Estate Investment Portfolio</b></font>0.04490.09810.05670.01380.12570.07310.04460.12210.0708<p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. </p><p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">For the periods ended December 31, 2015</p>From April 4, 2007Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.On Class C shares redeemed less than one year after purchase. EX-101.PRE 6 tpf-20161020_pre.xml EX-101.PRE EX-101.LAB 7 tpf-20161020_lab.xml EX-101.LAB Prospectus: Risk/Return: Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Amendment Description Trading Symbol Document Creation Date Document Effective Date Prospectus Date Document [Axis] Prospectus Performance Measure [Axis] Before Taxes Series [Axis] Series Share Class [Axis] Share Classes Risk/Return [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees [Table] Operating Expenses Caption [Text] Annual Fund Operating Expenses [Table] Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Example [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example, With Redemption [Table] Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption [Table] Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart [Heading] Bar Chart [Table] Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance [Table] Market Index Performance [Table] Performance Table Footnotes Performance Table Closing [Text Block] Shareholder Fees: Shareholder Fees Column [Text] Operating Expenses: Operating Expenses Column [Text] Expense Example: Expense Example, By Year, Column [Text] Column Expense Example, No Redemption: Expense Example, No Redemption, By Year, Column [Text] Column Bar Chart Table: Annual Return Caption [Text] Caption Annual Return, Column [Text] Column Annual Return, Inception Date Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Average Annual Return: Since Inception Inception Date Risk/Return Detail [Table] Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio Concentration [Text] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Bar Chart Does Not Reflect Sales Loads [Text] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Year to Date Return, Label Bar Chart, Year to Date Return, Date Bar Chart, Year to Date Return Highest Quarterly Return, Label Label Highest Quarterly Return, Date Highest Quarterly Return Lowest Quarterly Return, Label Label Lowest Quarterly Return, Date Lowest Quarterly Return Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Index No Deduction for Fees, Expenses, Taxes [Text] Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred Performance Table One Class of after Tax Shown [Text] Performance Table Explanation after Tax Higher Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Caption Column Label Money Market Seven Day Yield, Caption [Text] Money Market Seven Day Yield Column [Text] Money Market Seven Day Yield Phone Money Market Seven Day Yield Money Market Seven Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column [Text] Thirty Day Yield Phone Thirty Day Yield Thirty Day Tax Equivalent Yield 1 year Expense Example, with Redemption, 1 Year 3 years Expense Example, with Redemption, 3 Years 5 years Expense Example, with Redemption, 5 Years 10 years Expense Example, with Redemption, 10 Years Expense Example, No Redemption, 1 Year 1 Year Expense Example, No Redemption, 3 Years 3 Years Expense Example, No Redemption, 5 Years 5 Years Expense Example, No Redemption, 10 Years 10 Years Annual Return 2003 2003 Annual Return 2004 2004 Annual Return 2005 2005 Annual Return 2006 2006 Annual Return 2007 2007 Annual Return 2008 2008 Annual Return 2009 2009 Annual Return 2010 2010 Annual Return 2011 2011 Annual Return 2012 2012 Annual Return 2013 2013 Annual Return 2014 2014 Annual Return 2015 2015 Annual Return 2016 2016 Annual Return 2017 2017 Annual Return 2018 2018 Annual Return 2019 2019 Annual Return 2020 2020 Past 1 year 1 Year Past 5 years 5 Years Past 10 years 10 Years 07.31 Fidelity International Real Estate Fund ATCI PRO-03 07.31 Fidelity International Real Estate Fund ATCI PRO-03 07.31 Fidelity International Real Estate Fund Retail PRO-02 07.31 Fidelity International Real Estate Fund Retail PRO-02 07.31 Fidelity Real Estate Investment Portfolio PRO-03 07.31 Fidelity Real Estate Investment Portfolio PRO-03 Fidelity® International Real Estate Fund Fidelity® International Real Estate Fund Fidelity® International Real Estate Fund Fidelity® Real Estate Investment Portfolio Fidelity® Real Estate Investment Portfolio Fidelity® Real Estate Investment Portfolio Fidelity® International Real Estate Fund Fidelity International Real Estate Fund-Class A Fidelity International Real Estate Fund-Class A Fidelity International Real Estate Fund-Class A Fidelity® International Real Estate Fund Fidelity International Real Estate Fund-Class T Fidelity International Real Estate Fund-Class T Fidelity International Real Estate Fund-Class T Fidelity® International Real Estate Fund Fidelity International Real Estate Fund-Class C Fidelity International Real Estate Fund-Class C Fidelity International Real Estate Fund-Class C Fidelity® International Real Estate Fund Fidelity International Real Estate Fund-Institutional Class Advisor Fidelity International Real Estate Fund-Institutional Class Advisor Fidelity International Real Estate Fund-Institutional Class Advisor Fidelity® International Real Estate Fund Fidelity International Real Estate Fund-Retail Class Fidelity International Real Estate Fund-Retail Class Fidelity International Real Estate Fund-Retail Class Fidelity® Real Estate Investment Portfolio Fidelity Real Estate Investment Portfolio-Default Fidelity Real Estate Investment Portfolio-Default Fidelity Real Estate Investment Portfolio-Default MSCI EAFE Index(reflects no deduction for fees or expenses) MSCI EAFE Index(reflects no deduction for fees or expenses) MSCI EAFE Index(reflects no deduction for fees or expenses) FTSE® EPRA℠/NAREIT® Developed ex North America Index(reflects no deduction for fees, expenses, or taxes) FTSE® EPRA℠/NAREIT® Developed ex North America Index(reflects no deduction for fees, expenses, or taxes) FTSE® EPRA℠/NAREIT® Developed ex North America Index(reflects no deduction for fees, expenses, or taxes) S&P 500® Index(reflects no deduction for fees, expenses, or taxes) S&P 500® Index(reflects no deduction for fees, expenses, or taxes) S&P 500® Index(reflects no deduction for fees, expenses, or taxes) Dow Jones U.S. Select Real Estate Securities Index℠(reflects no deduction for fees, expenses, or taxes) Dow Jones U.S. Select Real Estate Securities Index℠(reflects no deduction for fees, expenses, or taxes) Dow Jones U.S. Select Real Estate Securities Index℠(reflects no deduction for fees, expenses, or taxes) Maximum sales charge (load) on purchases (as a % of offering price) Maximum sales charge (load) on purchases (as a % of offering price) Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds) Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption 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Document Creation Date dei_DocumentCreationDate Sep. 27, 2016
Document Effective Date dei_DocumentEffectiveDate Sep. 29, 2016
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07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund

Fund Summary

Fund/Class:
Fidelity® International Real Estate Fund/Fidelity Advisor® International Real Estate Fund A, T, C, I

Investment Objective

The fund seeks capital appreciation.

Fee Table

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity® funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page 28 of the prospectus.

Shareholder fees

(fees paid directly from your investment)

Shareholder Fees {- Fidelity® International Real Estate Fund} - 07.31 Fidelity International Real Estate Fund ATCI PRO-03 - Fidelity® International Real Estate Fund
Fidelity International Real Estate Fund-Class A
Fidelity International Real Estate Fund-Class T
Fidelity International Real Estate Fund-Class C
Fidelity International Real Estate Fund-Institutional Class Advisor
Maximum sales charge (load) on purchases (as a % of offering price) 5.75% 3.50% none none
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds) none [1] none [1] 1.00% [2] none
Redemption fee on shares held less than 90 days (as a % of amount redeemed) 1.50% 1.50% 1.50% 1.50%
[1] Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
[2] On Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

Annual Operating Expenses {- Fidelity® International Real Estate Fund} - 07.31 Fidelity International Real Estate Fund ATCI PRO-03 - Fidelity® International Real Estate Fund
Fidelity International Real Estate Fund-Class A
Fidelity International Real Estate Fund-Class T
Fidelity International Real Estate Fund-Class C
Fidelity International Real Estate Fund-Institutional Class Advisor
Management fee 0.70% 0.70% 0.70% 0.70%
Distribution and/or Service (12b-1) fees 0.25% 0.50% 1.00% none
Other expenses 0.40% 0.46% 0.40% 0.27%
Total annual operating expenses 1.35% 1.66% 2.10% 0.97%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:

Sell All Shares

Expense Example {- Fidelity® International Real Estate Fund} - 07.31 Fidelity International Real Estate Fund ATCI PRO-03 - Fidelity® International Real Estate Fund - USD ($)
Fidelity International Real Estate Fund-Class A
Fidelity International Real Estate Fund-Class T
Fidelity International Real Estate Fund-Class C
Fidelity International Real Estate Fund-Institutional Class Advisor
1 year $ 705 $ 513 $ 313 $ 99
3 years 978 855 658 309
5 years 1,272 1,221 1,129 536
10 years $ 2,105 $ 2,247 $ 2,431 $ 1,190

Hold Shares

Expense Example, No Redemption {- Fidelity® International Real Estate Fund} - 07.31 Fidelity International Real Estate Fund ATCI PRO-03 - Fidelity® International Real Estate Fund - USD ($)
Fidelity International Real Estate Fund-Class A
Fidelity International Real Estate Fund-Class T
Fidelity International Real Estate Fund-Class C
Fidelity International Real Estate Fund-Institutional Class Advisor
1 Year $ 705 $ 513 $ 213 $ 99
3 Years 978 855 658 309
5 Years 1,272 1,221 1,129 536
10 Years $ 2,105 $ 2,247 $ 2,431 $ 1,190
Portfolio Turnover

The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 71% of the average value of its portfolio.

Principal Investment Strategies
  • Normally investing primarily in non-U.S. securities.
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
  • Allocating investments across different countries and regions.
  • Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Principal Investment Risks
  • Stock Market Volatility. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.
  • Foreign Exposure. Foreign markets, particularly emerging markets, can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. Emerging markets can be subject to greater social, economic, regulatory, and political uncertainties and can be extremely volatile. Foreign exchange rates also can be extremely volatile.
  • Real Estate Industry Concentration. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.
  • Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.

An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.

Performance

The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.

Visit institutional.fidelity.com for more recent performance information.

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

Year-by-Year Returns

Calendar Years

Bar Chart
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return35.25%June 30, 2009
Lowest Quarter Return-24.43%December 31, 2008
Year-to-Date Return1.01%June 30, 2016
Average Annual Returns

Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.

For the periods ended December 31, 2015

Average Annual Total Returns{- Fidelity® International Real Estate Fund} - 07.31 Fidelity International Real Estate Fund ATCI PRO-03 - Fidelity® International Real Estate Fund
Past 1 year
Past 5 years
Since Inception
[1]
Inception Date
Fidelity International Real Estate Fund-Class A       Apr. 04, 2007
Fidelity International Real Estate Fund-Class A | Return Before Taxes (4.24%) 4.51% (2.14%)  
Fidelity International Real Estate Fund-Class A | After Taxes on Distributions (4.99%) 3.08% (3.63%) Apr. 04, 2007
Fidelity International Real Estate Fund-Class A | After Taxes on Distributions and Sales (2.05%) 3.01% (2.03%) Apr. 04, 2007
Fidelity International Real Estate Fund-Class T       Apr. 04, 2007
Fidelity International Real Estate Fund-Class T | Return Before Taxes (2.27%) 4.71% (2.14%)  
Fidelity International Real Estate Fund-Class C       Apr. 04, 2007
Fidelity International Real Estate Fund-Class C | Return Before Taxes (0.11%) 4.97% (2.22%)  
Fidelity International Real Estate Fund-Institutional Class Advisor       Apr. 04, 2007
Fidelity International Real Estate Fund-Institutional Class Advisor | Return Before Taxes 1.90% 6.05% (1.21%)  
MSCI EAFE Index(reflects no deduction for fees or expenses) (0.67%) 3.74% 0.23%  
FTSE® EPRA℠/NAREIT® Developed ex North America Index(reflects no deduction for fees, expenses, or taxes) (2.09%) 4.82% (1.19%)  
[1] From April 4, 2007
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Fidelity International Real Estate Fund-Class A
Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Fidelity International Real Estate Fund-Class T
Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Fidelity International Real Estate Fund-Class C
On Class C shares redeemed less than one year after purchase.
XML 12 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Sep. 29, 2016
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading

Fund Summary

Fund/Class:
Fidelity® International Real Estate Fund/Fidelity Advisor® International Real Estate Fund A, T, C, I

Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading Fee Table
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity® funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page 28 of the prospectus.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption

Shareholder fees

(fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 71% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 71.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity® funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page 28 of the prospectus.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption

Sell All Shares

Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption

Hold Shares

Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • Normally investing primarily in non-U.S. securities.
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
  • Allocating investments across different countries and regions.
  • Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  • Stock Market Volatility. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.
  • Foreign Exposure. Foreign markets, particularly emerging markets, can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. Emerging markets can be subject to greater social, economic, regulatory, and political uncertainties and can be extremely volatile. Foreign exchange rates also can be extremely volatile.
  • Real Estate Industry Concentration. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.
  • Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.

An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money by investing in the fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.

Visit institutional.fidelity.com for more recent performance information.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress institutional.fidelity.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) is not an indication of future performance.
Bar Chart [Heading] rr_BarChartHeading

Year-by-Year Returns

Calendar Years

Bar Chart Narrative [Text Block] rr_BarChartNarrativeTextBlock

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return35.25%June 30, 2009
Lowest Quarter Return-24.43%December 31, 2008
Year-to-Date Return1.01%June 30, 2016
Performance Table Heading rr_PerformanceTableHeading Average Annual Returns
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges.
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan).
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary.
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.

For the periods ended December 31, 2015

07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Fidelity International Real Estate Fund-Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as a % of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice 5.75%
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fee on shares held less than 90 days (as a % of amount redeemed) rr_RedemptionFeeOverRedemption 1.50%
Management fee rr_ManagementFeesOverAssets 0.70%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.40%
Total annual operating expenses rr_ExpensesOverAssets 1.35%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
1 year rr_ExpenseExampleYear01 $ 705
3 years rr_ExpenseExampleYear03 978
5 years rr_ExpenseExampleYear05 1,272
10 years rr_ExpenseExampleYear10 2,105
1 Year rr_ExpenseExampleNoRedemptionYear01 705
3 Years rr_ExpenseExampleNoRedemptionYear03 978
5 Years rr_ExpenseExampleNoRedemptionYear05 1,272
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,105
2008 rr_AnnualReturn2008 (50.71%)
2009 rr_AnnualReturn2009 35.60%
2010 rr_AnnualReturn2010 14.24%
2011 rr_AnnualReturn2011 (22.43%)
2012 rr_AnnualReturn2012 43.78%
2013 rr_AnnualReturn2013 12.28%
2014 rr_AnnualReturn2014 3.94%
2015 rr_AnnualReturn2015 1.60%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Jun. 30, 2016
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 1.01%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 35.25%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.43%)
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 04, 2007
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Fidelity International Real Estate Fund-Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as a % of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice 3.50%
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none [1]
Redemption fee on shares held less than 90 days (as a % of amount redeemed) rr_RedemptionFeeOverRedemption 1.50%
Management fee rr_ManagementFeesOverAssets 0.70%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other expenses rr_OtherExpensesOverAssets 0.46%
Total annual operating expenses rr_ExpensesOverAssets 1.66%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
1 year rr_ExpenseExampleYear01 $ 513
3 years rr_ExpenseExampleYear03 855
5 years rr_ExpenseExampleYear05 1,221
10 years rr_ExpenseExampleYear10 2,247
1 Year rr_ExpenseExampleNoRedemptionYear01 513
3 Years rr_ExpenseExampleNoRedemptionYear03 855
5 Years rr_ExpenseExampleNoRedemptionYear05 1,221
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,247
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 04, 2007
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Fidelity International Real Estate Fund-Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as a % of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00% [2]
Redemption fee on shares held less than 90 days (as a % of amount redeemed) rr_RedemptionFeeOverRedemption 1.50%
Management fee rr_ManagementFeesOverAssets 0.70%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.40%
Total annual operating expenses rr_ExpensesOverAssets 2.10%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock On Class C shares redeemed less than one year after purchase.
1 year rr_ExpenseExampleYear01 $ 313
3 years rr_ExpenseExampleYear03 658
5 years rr_ExpenseExampleYear05 1,129
10 years rr_ExpenseExampleYear10 2,431
1 Year rr_ExpenseExampleNoRedemptionYear01 213
3 Years rr_ExpenseExampleNoRedemptionYear03 658
5 Years rr_ExpenseExampleNoRedemptionYear05 1,129
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,431
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 04, 2007
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Fidelity International Real Estate Fund-Institutional Class Advisor  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) on purchases (as a % of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none
Redemption fee on shares held less than 90 days (as a % of amount redeemed) rr_RedemptionFeeOverRedemption 1.50%
Management fee rr_ManagementFeesOverAssets 0.70%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.27%
Total annual operating expenses rr_ExpensesOverAssets 0.97%
1 year rr_ExpenseExampleYear01 $ 99
3 years rr_ExpenseExampleYear03 309
5 years rr_ExpenseExampleYear05 536
10 years rr_ExpenseExampleYear10 1,190
1 Year rr_ExpenseExampleNoRedemptionYear01 99
3 Years rr_ExpenseExampleNoRedemptionYear03 309
5 Years rr_ExpenseExampleNoRedemptionYear05 536
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,190
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 04, 2007
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Return Before Taxes | Fidelity International Real Estate Fund-Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Class A - Return Before Taxes
Past 1 year rr_AverageAnnualReturnYear01 (4.24%)
Past 5 years rr_AverageAnnualReturnYear05 4.51%
Since Inception rr_AverageAnnualReturnSinceInception (2.14%) [3]
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Return Before Taxes | Fidelity International Real Estate Fund-Class T  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Class T - Return Before Taxes
Past 1 year rr_AverageAnnualReturnYear01 (2.27%)
Past 5 years rr_AverageAnnualReturnYear05 4.71%
Since Inception rr_AverageAnnualReturnSinceInception (2.14%) [3]
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Return Before Taxes | Fidelity International Real Estate Fund-Class C  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Class C - Return Before Taxes
Past 1 year rr_AverageAnnualReturnYear01 (0.11%)
Past 5 years rr_AverageAnnualReturnYear05 4.97%
Since Inception rr_AverageAnnualReturnSinceInception (2.22%) [3]
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | Return Before Taxes | Fidelity International Real Estate Fund-Institutional Class Advisor  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Class I - Return Before Taxes
Past 1 year rr_AverageAnnualReturnYear01 1.90%
Past 5 years rr_AverageAnnualReturnYear05 6.05%
Since Inception rr_AverageAnnualReturnSinceInception (1.21%) [3]
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | After Taxes on Distributions | Fidelity International Real Estate Fund-Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions
Past 1 year rr_AverageAnnualReturnYear01 (4.99%)
Past 5 years rr_AverageAnnualReturnYear05 3.08%
Since Inception rr_AverageAnnualReturnSinceInception (3.63%) [3]
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 04, 2007
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | After Taxes on Distributions and Sales | Fidelity International Real Estate Fund-Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares
Past 1 year rr_AverageAnnualReturnYear01 (2.05%)
Past 5 years rr_AverageAnnualReturnYear05 3.01%
Since Inception rr_AverageAnnualReturnSinceInception (2.03%) [3]
Inception Date rr_AverageAnnualReturnInceptionDate Apr. 04, 2007
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | MSCI EAFE Index(reflects no deduction for fees or expenses)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 (0.67%)
Past 5 years rr_AverageAnnualReturnYear05 3.74%
Since Inception rr_AverageAnnualReturnSinceInception 0.23% [3]
07.31 Fidelity International Real Estate Fund ATCI PRO-03 | Fidelity® International Real Estate Fund | FTSE® EPRA℠/NAREIT® Developed ex North America Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 (2.09%)
Past 5 years rr_AverageAnnualReturnYear05 4.82%
Since Inception rr_AverageAnnualReturnSinceInception (1.19%) [3]
[1] Class A and Class T purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class T purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
[2] On Class C shares redeemed less than one year after purchase.
[3] From April 4, 2007
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07.31 Fidelity International Real Estate Fund Retail PRO-02 | Fidelity® International Real Estate Fund

Fund Summary

Fund/Class:
Fidelity® International Real Estate Fund/Fidelity® International Real Estate Fund

Investment Objective

The fund seeks capital appreciation.

Fee Table

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.

Shareholder fees

(fees paid directly from your investment)

Shareholder Fees {- Fidelity® International Real Estate Fund}
07.31 Fidelity International Real Estate Fund Retail PRO-02
Fidelity® International Real Estate Fund
Fidelity International Real Estate Fund-Retail Class
Redemption fee on shares held less than 90 days (as a % of amount redeemed) 1.50%

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

Annual Operating Expenses {- Fidelity® International Real Estate Fund}
07.31 Fidelity International Real Estate Fund Retail PRO-02
Fidelity® International Real Estate Fund
Fidelity International Real Estate Fund-Retail Class
Management fee 0.70%
Distribution and/or Service (12b-1) fees none
Other expenses 0.43%
Total annual operating expenses 1.13%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:

Sell All Shares

Expense Example {- Fidelity® International Real Estate Fund}
07.31 Fidelity International Real Estate Fund Retail PRO-02
Fidelity® International Real Estate Fund
Fidelity International Real Estate Fund-Retail Class
USD ($)
1 year $ 115
3 years 359
5 years 622
10 years $ 1,375
Portfolio Turnover

The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 71% of the average value of its portfolio.

Principal Investment Strategies
  • Normally investing primarily in non-U.S. securities.
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
  • Allocating investments across different countries and regions.
  • Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Principal Investment Risks
  • Stock Market Volatility. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.
  • Foreign Exposure. Foreign markets, particularly emerging markets, can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. Emerging markets can be subject to greater social, economic, regulatory, and political uncertainties and can be extremely volatile. Foreign exchange rates also can be extremely volatile.
  • Real Estate Industry Concentration. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.
  • Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.

An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.

Performance

The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.

Visit www.fidelity.com for more recent performance information.

Year-by-Year Returns

Calendar Years

Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return35.18%June 30, 2009
Lowest Quarter Return-24.32%December 31, 2008
Year-to-Date Return1.20%June 30, 2016
Average Annual Returns

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.

For the periods ended December 31, 2015

Average Annual Total Returns{- Fidelity® International Real Estate Fund} - 07.31 Fidelity International Real Estate Fund Retail PRO-02 - Fidelity® International Real Estate Fund
Past 1 year
Past 5 years
Past 10 years
Fidelity International Real Estate Fund-Retail Class | Return Before Taxes 1.79% 6.00% 3.05%
Fidelity International Real Estate Fund-Retail Class | After Taxes on Distributions 0.92% 4.49% 1.33%
Fidelity International Real Estate Fund-Retail Class | After Taxes on Distributions and Sales 1.38% 4.16% 1.87%
MSCI EAFE Index(reflects no deduction for fees or expenses) (0.67%) 3.74% 3.18%
FTSE® EPRA℠/NAREIT® Developed ex North America Index(reflects no deduction for fees, expenses, or taxes) (2.09%) 4.82% 3.81%

XML 15 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Sep. 29, 2016
07.31 Fidelity International Real Estate Fund Retail PRO-02 | Fidelity® International Real Estate Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading

Fund Summary

Fund/Class:
Fidelity® International Real Estate Fund/Fidelity® International Real Estate Fund

Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading Fee Table
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption

Shareholder fees

(fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 71% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 71.00%
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption

Sell All Shares

Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • Normally investing primarily in non-U.S. securities.
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
  • Allocating investments across different countries and regions.
  • Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  • Stock Market Volatility. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.
  • Foreign Exposure. Foreign markets, particularly emerging markets, can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. Emerging markets can be subject to greater social, economic, regulatory, and political uncertainties and can be extremely volatile. Foreign exchange rates also can be extremely volatile.
  • Real Estate Industry Concentration. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.
  • Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.

An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money by investing in the fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.

Visit www.fidelity.com for more recent performance information.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.fidelity.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) is not an indication of future performance.
Bar Chart [Heading] rr_BarChartHeading

Year-by-Year Returns

Calendar Years

Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return35.18%June 30, 2009
Lowest Quarter Return-24.32%December 31, 2008
Year-to-Date Return1.20%June 30, 2016
Performance Table Heading rr_PerformanceTableHeading Average Annual Returns
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.

For the periods ended December 31, 2015

07.31 Fidelity International Real Estate Fund Retail PRO-02 | Fidelity® International Real Estate Fund | Fidelity International Real Estate Fund-Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Redemption fee on shares held less than 90 days (as a % of amount redeemed) rr_RedemptionFeeOverRedemption 1.50%
Management fee rr_ManagementFeesOverAssets 0.70%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.43%
Total annual operating expenses rr_ExpensesOverAssets 1.13%
1 year rr_ExpenseExampleYear01 $ 115
3 years rr_ExpenseExampleYear03 359
5 years rr_ExpenseExampleYear05 622
10 years rr_ExpenseExampleYear10 $ 1,375
2006 rr_AnnualReturn2006 42.87%
2007 rr_AnnualReturn2007 (8.25%)
2008 rr_AnnualReturn2008 (50.52%)
2009 rr_AnnualReturn2009 35.82%
2010 rr_AnnualReturn2010 14.53%
2011 rr_AnnualReturn2011 (22.24%)
2012 rr_AnnualReturn2012 44.16%
2013 rr_AnnualReturn2013 12.58%
2014 rr_AnnualReturn2014 4.21%
2015 rr_AnnualReturn2015 1.79%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Jun. 30, 2016
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 1.20%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 35.18%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.32%)
07.31 Fidelity International Real Estate Fund Retail PRO-02 | Fidelity® International Real Estate Fund | Return Before Taxes | Fidelity International Real Estate Fund-Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Return Before Taxes
Past 1 year rr_AverageAnnualReturnYear01 1.79%
Past 5 years rr_AverageAnnualReturnYear05 6.00%
Past 10 years rr_AverageAnnualReturnYear10 3.05%
07.31 Fidelity International Real Estate Fund Retail PRO-02 | Fidelity® International Real Estate Fund | After Taxes on Distributions | Fidelity International Real Estate Fund-Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions
Past 1 year rr_AverageAnnualReturnYear01 0.92%
Past 5 years rr_AverageAnnualReturnYear05 4.49%
Past 10 years rr_AverageAnnualReturnYear10 1.33%
07.31 Fidelity International Real Estate Fund Retail PRO-02 | Fidelity® International Real Estate Fund | After Taxes on Distributions and Sales | Fidelity International Real Estate Fund-Retail Class  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® International Real Estate Fund
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares
Past 1 year rr_AverageAnnualReturnYear01 1.38%
Past 5 years rr_AverageAnnualReturnYear05 4.16%
Past 10 years rr_AverageAnnualReturnYear10 1.87%
07.31 Fidelity International Real Estate Fund Retail PRO-02 | Fidelity® International Real Estate Fund | MSCI EAFE Index(reflects no deduction for fees or expenses)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 (0.67%)
Past 5 years rr_AverageAnnualReturnYear05 3.74%
Past 10 years rr_AverageAnnualReturnYear10 3.18%
07.31 Fidelity International Real Estate Fund Retail PRO-02 | Fidelity® International Real Estate Fund | FTSE® EPRA℠/NAREIT® Developed ex North America Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 (2.09%)
Past 5 years rr_AverageAnnualReturnYear05 4.82%
Past 10 years rr_AverageAnnualReturnYear10 3.81%
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07.31 Fidelity Real Estate Investment Portfolio PRO-03 | Fidelity® Real Estate Investment Portfolio

Fund Summary

Fund:
Fidelity® Real Estate Investment Portfolio

Investment Objective

The fund seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund seeks to provide a yield that exceeds the composite yield of the S&P 500® Index.

Fee Table

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.

Shareholder fees

(fees paid directly from your investment)

Shareholder Fees {- Fidelity® Real Estate Investment Portfolio}
07.31 Fidelity Real Estate Investment Portfolio PRO-03
Fidelity® Real Estate Investment Portfolio
Fidelity Real Estate Investment Portfolio-Default
Redemption fee on shares held less than 90 days (as a % of amount redeemed) 0.75%

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

Annual Operating Expenses {- Fidelity® Real Estate Investment Portfolio}
07.31 Fidelity Real Estate Investment Portfolio PRO-03
Fidelity® Real Estate Investment Portfolio
Fidelity Real Estate Investment Portfolio-Default
Management fee 0.55%
Distribution and/or Service (12b-1) fees none
Other expenses 0.23%
Total annual operating expenses 0.78%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:

Sell All Shares

Expense Example {- Fidelity® Real Estate Investment Portfolio}
07.31 Fidelity Real Estate Investment Portfolio PRO-03
Fidelity® Real Estate Investment Portfolio
Fidelity Real Estate Investment Portfolio-Default
USD ($)
1 year $ 80
3 years 249
5 years 433
10 years $ 966
Portfolio Turnover

The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 24% of the average value of its portfolio.

Principal Investment Strategies
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
  • Investing in domestic and foreign issuers.
  • Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Principal Investment Risks
  • Stock Market Volatility. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.
  • Foreign Exposure. Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.
  • Real Estate Industry Concentration. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.
  • Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.

An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.

Performance

The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.

Visit www.fidelity.com for more recent performance information.

Year-by-Year Returns

Calendar Years

Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return41.03%September 30, 2009
Lowest Quarter Return-37.43%December 31, 2008
Year-to-Date Return12.53%June 30, 2016
Average Annual Returns

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.

For the periods ended December 31, 2015

Average Annual Total Returns{- Fidelity® Real Estate Investment Portfolio} - 07.31 Fidelity Real Estate Investment Portfolio PRO-03 - Fidelity® Real Estate Investment Portfolio
Past 1 year
Past 5 years
Past 10 years
Fidelity Real Estate Investment Portfolio-Default | Return Before Taxes 5.95% 12.34% 7.14%
Fidelity Real Estate Investment Portfolio-Default | After Taxes on Distributions 4.35% 11.72% 6.29%
Fidelity Real Estate Investment Portfolio-Default | After Taxes on Distributions and Sales 4.49% 9.81% 5.67%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 1.38% 12.57% 7.31%
Dow Jones U.S. Select Real Estate Securities Index℠(reflects no deduction for fees, expenses, or taxes) 4.46% 12.21% 7.08%
XML 18 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Sep. 29, 2016
07.31 Fidelity Real Estate Investment Portfolio PRO-03 | Fidelity® Real Estate Investment Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading

Fund Summary

Fund:
Fidelity® Real Estate Investment Portfolio

Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund seeks to provide a yield that exceeds the composite yield of the S&P 500® Index.

Expense [Heading] rr_ExpenseHeading Fee Table
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption

Shareholder fees

(fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 24% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 24.00%
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption

Sell All Shares

Strategy [Heading] rr_StrategyHeading Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
  • Investing in domestic and foreign issuers.
  • Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Normally investing at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments.
Risk [Heading] rr_RiskHeading Principal Investment Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
  • Stock Market Volatility. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.
  • Foreign Exposure. Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.
  • Real Estate Industry Concentration. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.
  • Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.

An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.

Risk Lose Money [Text] rr_RiskLoseMoney You could lose money by investing in the fund.
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus In addition, the fund is considered non-diversified and can invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the Additional Index Information section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.

Visit www.fidelity.com for more recent performance information.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.fidelity.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past performance (before and after taxes) is not an indication of future performance.
Bar Chart [Heading] rr_BarChartHeading

Year-by-Year Returns

Calendar Years

Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return41.03%September 30, 2009
Lowest Quarter Return-37.43%December 31, 2008
Year-to-Date Return12.53%June 30, 2016
Performance Table Heading rr_PerformanceTableHeading Average Annual Returns
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan).
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.

For the periods ended December 31, 2015

07.31 Fidelity Real Estate Investment Portfolio PRO-03 | Fidelity® Real Estate Investment Portfolio | Fidelity Real Estate Investment Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Redemption fee on shares held less than 90 days (as a % of amount redeemed) rr_RedemptionFeeOverRedemption 0.75%
Management fee rr_ManagementFeesOverAssets 0.55%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.23%
Total annual operating expenses rr_ExpensesOverAssets 0.78%
1 year rr_ExpenseExampleYear01 $ 80
3 years rr_ExpenseExampleYear03 249
5 years rr_ExpenseExampleYear05 433
10 years rr_ExpenseExampleYear10 $ 966
2006 rr_AnnualReturn2006 32.84%
2007 rr_AnnualReturn2007 (21.34%)
2008 rr_AnnualReturn2008 (38.21%)
2009 rr_AnnualReturn2009 32.89%
2010 rr_AnnualReturn2010 29.85%
2011 rr_AnnualReturn2011 8.29%
2012 rr_AnnualReturn2012 18.02%
2013 rr_AnnualReturn2013 1.53%
2014 rr_AnnualReturn2014 30.13%
2015 rr_AnnualReturn2015 5.95%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Jun. 30, 2016
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 12.53%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 41.03%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (37.43%)
07.31 Fidelity Real Estate Investment Portfolio PRO-03 | Fidelity® Real Estate Investment Portfolio | Return Before Taxes | Fidelity Real Estate Investment Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® Real Estate Investment Portfolio
Label rr_AverageAnnualReturnLabel Return Before Taxes
Past 1 year rr_AverageAnnualReturnYear01 5.95%
Past 5 years rr_AverageAnnualReturnYear05 12.34%
Past 10 years rr_AverageAnnualReturnYear10 7.14%
07.31 Fidelity Real Estate Investment Portfolio PRO-03 | Fidelity® Real Estate Investment Portfolio | After Taxes on Distributions | Fidelity Real Estate Investment Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® Real Estate Investment Portfolio
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions
Past 1 year rr_AverageAnnualReturnYear01 4.35%
Past 5 years rr_AverageAnnualReturnYear05 11.72%
Past 10 years rr_AverageAnnualReturnYear10 6.29%
07.31 Fidelity Real Estate Investment Portfolio PRO-03 | Fidelity® Real Estate Investment Portfolio | After Taxes on Distributions and Sales | Fidelity Real Estate Investment Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Fidelity® Real Estate Investment Portfolio
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares
Past 1 year rr_AverageAnnualReturnYear01 4.49%
Past 5 years rr_AverageAnnualReturnYear05 9.81%
Past 10 years rr_AverageAnnualReturnYear10 5.67%
07.31 Fidelity Real Estate Investment Portfolio PRO-03 | Fidelity® Real Estate Investment Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 1.38%
Past 5 years rr_AverageAnnualReturnYear05 12.57%
Past 10 years rr_AverageAnnualReturnYear10 7.31%
07.31 Fidelity Real Estate Investment Portfolio PRO-03 | Fidelity® Real Estate Investment Portfolio | Dow Jones U.S. Select Real Estate Securities Index℠(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 4.46%
Past 5 years rr_AverageAnnualReturnYear05 12.21%
Past 10 years rr_AverageAnnualReturnYear10 7.08%
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Sep. 29, 2016
Document Creation Date dei_DocumentCreationDate Sep. 27, 2016
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