Supplement to the
Fidelity® Select Portfolios®
Class A, Class M, Class C, Class I and Class Z
April 29, 2019
STATEMENT OF ADDITIONAL INFORMATION
James McElligott no longer serves as portfolio manager of Consumer Staples Portfolio. Nicola Stafford serves as portfolio manager of Consumer Staples Portfolio.
Richard Malnight serves as co-manager of Materials Portfolio. Jody Simes serves as co-manager of Materials Portfolio.
The following information supplements information found in the Management Contracts section.
The following table provides information relating to other accounts managed by Ms. Stafford as of November 30, 2019:
Registered Investment Companies* | Other Pooled Investment Vehicles | Other Accounts |
|
Number of Accounts Managed | 11 | 1 | 1 |
Number of Accounts Managed with Performance-Based Advisory Fees | 2 | none | none |
Assets Managed (in millions) | $15,678 | $273 | $57 |
Assets Managed with Performance-Based Advisory Fees (in millions) | $7,911 | none | none |
* Includes Consumer Staples Portfolio ($1,535 (in millions) assets managed).
As of November 30, 2019, the dollar range of shares of Consumer Staples Portfolio beneficially owned by Ms. Stafford was $100,001 - $500,000.
The following table provides information relating to other accounts managed by Mr. Simes as of November 30, 2019:
Registered Investment Companies* | Other Pooled Investment Vehicles | Other Accounts |
|
Number of Accounts Managed | 13 | 12 | 5 |
Number of Accounts Managed with Performance-Based Advisory Fees | 1 | none | none |
Assets Managed (in millions) | $2,799 | $1,743 | $821 |
Assets Managed with Performance-Based Advisory Fees (in millions) | $204 | none | none |
* Includes Materials Portfolio ($854 (in millions) assets managed).
As of November 30, 2019, the dollar range of shares of Materials Portfolio beneficially owned by Mr. Simes was $10,001 - $50,000.
FASFB-20-01 1.848947.118 | February 10, 2020 |
Supplement to the
Fidelity® Select Portfolios®
April 29, 2019
STATEMENT OF ADDITIONAL INFORMATION
James McElligott no longer serves as portfolio manager of Consumer Staples Portfolio.
Nicola Stafford serves as portfolio manager of Consumer Staples Portfolio.
Jody Simes serves as co-manager of Materials Portfolio.
The following information supplements information for IT Services Portfolio found in the Management Contracts section.
The following table provides information relating to other accounts managed by Mr. Turner as of April 30, 2019:
Registered Investment Companies* | Other Pooled Investment Vehicles | Other Accounts |
|
Number of Accounts Managed | 1 | none | none |
Number of Accounts Managed with Performance-Based Advisory Fees | none | none | none |
Assets Managed (in millions) | $3,382 | none | none |
Assets Managed with Performance-Based Advisory Fees (in millions) | none | none | none |
* Includes IT Services Portfolio ($3,382 (in millions) assets managed).
As of April 30, 2019, the dollar range of shares of IT Services Portfolio beneficially owned by Mr. Turner was none.
The following information supplements information for Chemicals Portfolio found in the Management Contracts section.
The following table provides information relating to other accounts managed by Mr. Wagner as of August 31, 2019:
Registered Investment Companies* | Other Pooled Investment Vehicles | Other Accounts |
|
Number of Accounts Managed | 1 | none | none |
Number of Accounts Managed with Performance-Based Advisory Fees | none | none | none |
Assets Managed (in millions) | $888 | none | none |
Assets Managed with Performance-Based Advisory Fees (in millions) | none | none | none |
* Includes assets of Chemicals Portfolio managed by Mr. Wagner ($888 (in millions) assets managed).
As of August 31, 2019, the dollar range of shares of Chemicals Portfolio beneficially owned by Mr. Wagner was none.
The following information supplements information for Consumer Staples Portfolio found in the "Management Contracts" section.
The following table provides information relating to other accounts managed by Ms. Stafford as of November 30, 2019:
Registered Investment Companies* | Other Pooled Investment Vehicles | Other Accounts |
|
Number of Accounts Managed | 11 | 1 | 1 |
Number of Accounts Managed with Performance-Based Advisory Fees | 2 | none | none |
Assets Managed (in millions) | $15,678 | $273 | $57 |
Assets Managed with Performance-Based Advisory Fees (in millions) | $7,911 | none | none |
* Includes assets of Consumer Staples Portfolio managed by Ms. Stafford ($1,535 (in millions) assets managed).
As of November 30, 2019, the dollar range of shares of Consumer Staples Portfolio beneficially owned by Ms. Stafford was $100,001 - $500,000.
The following information supplements information for Materials Portfolio found in the "Management Contracts" section.
The following table provides information relating to other accounts managed by Mr. Simes as of November 30, 2019:
Registered Investment Companies* | Other Pooled Investment Vehicles | Other Accounts |
|
Number of Accounts Managed | 13 | 12 | 5 |
Number of Accounts Managed with Performance-Based Advisory Fees | 1 | none | none |
Assets Managed (in millions) | $2,799 | $1,743 | $821 |
Assets Managed with Performance-Based Advisory Fees (in millions) | $204 | none | none |
* Includes assets of Materials Portfolio managed by Mr. Simes ($854 (in millions) assets managed).
As of November 30, 2019, the dollar range of shares of Materials Portfolio beneficially owned by Mr. Simes was $10,001 - $50,000.
SELB-20-01 1.475630.217 | February 10, 2020 |