0001379491-18-004067.txt : 20180822 0001379491-18-004067.hdr.sgml : 20180822 20180822120437 ACCESSION NUMBER: 0001379491-18-004067 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180822 DATE AS OF CHANGE: 20180822 EFFECTIVENESS DATE: 20180822 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SELECT PORTFOLIOS CENTRAL INDEX KEY: 0000320351 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-69972 FILM NUMBER: 181031944 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 S000007459 Energy Portfolio C000020433 Energy Portfolio FSENX 0000320351 S000007460 Energy Service Portfolio C000020434 Energy Service Portfolio FSESX 0000320351 S000007462 Financial Services Portfolio C000020436 Financial Services Portfolio FIDSX 0000320351 S000007467 Consumer Finance Portfolio C000020441 Consumer Finance Portfolio FSVLX 0000320351 S000007470 Insurance Portfolio C000020444 Insurance Portfolio FSPCX 0000320351 S000007475 Banking Portfolio C000020449 Banking Portfolio FSRBX 0000320351 S000007477 Natural Gas Portfolio C000020451 Natural Gas Portfolio FSNGX 0000320351 S000007478 Natural Resources Portfolio C000020452 Natural Resources Portfolio FNARX 0000320351 S000007490 Brokerage and Investment Management Portfolio C000020464 Brokerage and Investment Management Portfolio FSLBX 497 1 filing995.htm PRIMARY DOCUMENT

Supplement to the
Fidelity® Select Portfolios®
Energy Sector
April 28, 2018
Prospectus

Effective September 1, 2018, Margaret Banfield no longer serves as co-manager of Energy Service Portfolio.

Effective September 1, 2018, the following information replaces similar information for Energy Service Portfolio found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Ben Shuleva (lead portfolio manager) has managed the fund since August 2013.

Maurice Fitzmaurice (co-manager) has managed the fund since September 2018.

It is expected that Mr. Fitzmaurice will assume solo portfolio manager responsibilities for the fund after a transition period of approximately six months and Mr. Shuleva will no longer manage the fund at that time.

Effective September 1, 2018, the following information replaces the biographical information for Energy Service Portfolio found in the "Fund Services" section under the "Portfolio Manager(s)" heading.

Ben Shuleva is lead portfolio manager of Energy Service Portfolio and portfolio manager of Natural Gas Portfolio, which he has managed since August 2013 and October 2017, respectively. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Shuleva has worked as a research analyst and portfolio manager.

Maurice Fitzmaurice is co-manager of Energy Service Portfolio, which he has managed since September 2018. Since joining Fidelity Investments in 1998, Mr. Fitzmaurice has worked as research analyst and portfolio manager.

It is expected that Mr. Fitzmaurice will assume solo portfolio manager responsibilities for the fund after a transition period of approximately six months and Mr. Shuleva will no longer manage the fund at that time.


SELNR-18-04
1.913321.122		August 22, 2018

Supplement to the
Fidelity® Select Portfolios®
Financials Sector
April 28, 2018
Prospectus

Effective September 1, 2018, the following information replaces similar information for Consumer Finance Portfolio found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Shilpa Mehra (lead portfolio manager) has managed the fund since April 2012.

Chuck Culp (co-manager) has managed the fund since September 2018.

It is expected that Mr. Culp will assume solo portfolio manager responsibilities for the fund after a transition period and Ms. Mehra will no longer manage the fund at that time.

Effective September 1, 2018, the following information replaces the biographical information for Consumer Finance Portfolio found in the "Fund Services" section under the "Portfolio Manager(s)" heading.

Shilpa Mehra is lead portfolio manager of Consumer Finance Portfolio, which she has managed since April 2012. She also manages other funds. Since joining Fidelity Investments in 2009, Ms. Mehra has worked as a research analyst and portfolio manager.

Chuck Culp is co-manager of Consumer Finance Portfolio, which he has managed since September 2018. Since joining Fidelity Investments in 2012, Mr. Culp has worked as a research analyst and portfolio manager.

It is expected that Mr. Culp will assume solo portfolio manager responsibilities for the fund after a transition period and Ms. Mehra will no longer manage the fund at that time.


SELFIN-18-01
1.916419.126		August 22, 2018