0001379491-20-002238.txt : 20200515 0001379491-20-002238.hdr.sgml : 20200515 20200515112825 ACCESSION NUMBER: 0001379491-20-002238 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 142 FILED AS OF DATE: 20200515 DATE AS OF CHANGE: 20200515 EFFECTIVENESS DATE: 20200515 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: 20882217 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: 20882218 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 0000320351 S000007453 Air Transportation Portfolio C000020427 Air Transportation Portfolio FSAIX 0000320351 S000007454 Consumer Discretionary Portfolio C000020428 Consumer Discretionary Portfolio FSCPX 0000320351 S000007455 Industrials Portfolio C000020429 Industrials Portfolio FCYIX 0000320351 S000007456 Defense and Aerospace Portfolio C000020430 Defense and Aerospace Portfolio FSDAX 0000320351 S000007457 Communications Equipment Portfolio C000020431 Communications Equipment Portfolio FSDCX 0000320351 S000007458 Semiconductors Portfolio C000020432 Semiconductors Portfolio FSELX 0000320351 S000007459 Energy Portfolio C000020433 Energy Portfolio FSENX 0000320351 S000007460 Energy Service Portfolio C000020434 Energy Service Portfolio FSESX 0000320351 S000007461 Environment and Alternative Energy 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Securities Act of 1933 Registration No. 002-69972

Investment Company Act of 1940 Registration No. 811-03114



SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 [X]

[ ] Pre-Effective Amendment No.  ______

[X] Post-Effective Amendment No.  158

and

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [X]

[X] Amendment No.  158


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

Cynthia Lo Bessette, 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) of Rule 485.


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. 158 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 15th day of May 2020.



Fidelity Select Portfolios


By

/s/Stacie M. Smith




Stacie M. Smith, 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/Stacie M. Smith


President and Treasurer

May 15, 2020                       

Stacie M. Smith


(Principal Executive Officer)






/s/John J. Burke III


Chief Financial Officer

May 15, 2020                       

John J. Burke III


(Principal Financial Officer)






/s/James C. Curvey

*

Trustee

May 15, 2020                       

James C. Curvey








/s/Dennis J. Dirks

*

Trustee

May 15, 2020                       

Dennis J. Dirks








/s/Donald F. Donahue

*

Trustee

May 15, 2020                       

Donald F. Donahue








/s/Alan J. Lacy

*

Trustee

May 15, 2020                       

Alan J. Lacy








/s/Ned C. Lautenbach

*

Trustee

May 15, 2020                       

Ned C. Lautenbach








/s/Joseph Mauriello

*

Trustee

May 15, 2020                       

Joseph Mauriello








/s/Cornelia M. Small

*

Trustee

May 15, 2020                       

Cornelia M. Small








/s/Garnett A. Smith

*

Trustee

May 15, 2020                       

Garnett A. Smith








/s/David M. Thomas

*

Trustee

May 15, 2020                       

David M. Thomas








/s/Michael E. Wiley

*

Trustee

May 15, 2020                       

Michael E. Wiley













*

By:

/s/Megan C. Johnson



Megan C. Johnson, pursuant to powers of attorney dated March 2, 2018 and January 1, 2019 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 I

Fidelity Advisor Series VII

Fidelity Advisor Series VIII

Fidelity Beacon Street Trust

Fidelity Capital Trust

Fidelity Central Investment Portfolios LLC

Fidelity Commonwealth Trust

Fidelity Commonwealth Trust II

Fidelity Concord Street Trust

Fidelity Congress Street Fund

Fidelity Contrafund

Fidelity Covington Trust

Fidelity Destiny Portfolios

Fidelity Devonshire Trust

Fidelity Exchange Fund

Fidelity Financial Trust

Fidelity Hanover Street Trust

Fidelity Hastings Street Trust

Fidelity Investment Trust

Fidelity Magellan Fund

Fidelity Mt. Vernon Street Trust

Fidelity Puritan Trust

Fidelity Securities Fund

Fidelity Select Portfolios

Fidelity Summer Street Trust

Fidelity Trend Fund

Variable Insurance Products Fund

Variable Insurance Products Fund II

Variable Insurance Products Fund III

Variable Insurance Products Fund IV


in addition to any other investment company for which Fidelity Management & Research Company (FMR) 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 FMR or an affiliate acts as investment adviser and hereby constitute and appoint Thomas C. Bogle, 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 attorneysin-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 January 1, 2019.

WITNESS our hands on this first day of January 2019.


/s/James C. Curvey

/s/Joseph Mauriello

James C. Curvey

Joseph Mauriello



/s/Dennis J. Dirks

/s/Cornelia M. Small

Dennis J. Dirks

Cornelia M. Small



/s/Donald F. Donahue

/s/Garnett A. Smith

Donald F. Donahue

Garnett A. Smith



/s/Alan J. Lacy

/s/David M. Thomas

Alan J. Lacy

David M. Thomas



/s/Ned C. Lautenbach


Ned C. Lautenbach





POWER OF ATTORNEY






I, the undersigned Director or Trustee, as the case may be, of the following investment companies:


Fidelity Advisor Series I

Fidelity Advisor Series VII

Fidelity Beacon Street Trust

Fidelity Capital Trust

Fidelity Central Investment Portfolios LLC

Fidelity Commonwealth Trust

Fidelity Commonwealth Trust II

Fidelity Congress Street Fund

Fidelity Contrafund

Fidelity Covington Trust

Fidelity Destiny Portfolios

Fidelity Devonshire Trust


Fidelity Exchange Fund

Fidelity Financial Trust

Fidelity Hanover Street Trust

Fidelity Hastings Street Trust

Fidelity Magellan Fund

Fidelity Mt. Vernon Street Trust

Fidelity Select Portfolios

Fidelity Summer Street Trust

Fidelity Trend Fund

Variable Insurance Products Fund II

Variable Insurance Products Fund III

Variable Insurance Products Fund IV


in addition to any other investment company for which Fidelity Management & Research Company (FMR) or an affiliate acts as investment adviser and for which the undersigned individual serves as Director or Trustee (collectively, the Funds), hereby revokes all previous powers of attorney I have given to sign and otherwise act in my name and behalf in matters involving any investment company for which FMR or an affiliate acts as investment adviser and hereby constitute and appoint Thomas C. Bogle, John V. OHanlon, Robert W. Helm, Megan C. Johnson, and Anthony H. Zacharski, each of them singly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name 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 my name and behalf in connection therewith as said attorneysin-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.  I 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 March 2, 2018.

WITNESS our hands on this second day of March 2018.


/s/ Michael E. Wiley    

Michael E. Wiley







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Schedule - Annual Total Returns - Banking Portfolio [BarChart] link:presentationLinklink:calculationLinklink:definitionLink 000151 - Schedule - Average Annual Total Returns {Transposed} {- Banking Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000152 - Document - Risk/Return Detail {Unlabeled} - Banking Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000153 - Disclosure - Risk/Return Detail Data {Elements} - Banking Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000154 - Document - Risk/Return Summary {Unlabeled} - Brokerage and Investment Management Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000155 - Schedule - Shareholder Fees {- Brokerage and Investment Management Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000156 - Schedule - Annual Operating Expenses {- Brokerage and Investment Management Portfolio} 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Expense Example, No Redemption {- Health Care Services Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000213 - Schedule - Annual Total Returns - Health Care Services Portfolio [BarChart] link:presentationLinklink:calculationLinklink:definitionLink 000214 - Schedule - Average Annual Total Returns {Transposed} {- Health Care Services Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000215 - Document - Risk/Return Detail {Unlabeled} - Health Care Services Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000216 - Disclosure - Risk/Return Detail Data {Elements} - Health Care Services Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000217 - Document - Risk/Return Summary {Unlabeled} - Medical Technology and Devices Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000218 - Schedule - Shareholder Fees {- Medical Technology and Devices Portfolio} 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Disclosure - Risk/Return Detail Data {Elements} - Medical Technology and Devices Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000226 - Document - Risk/Return Summary {Unlabeled} - Pharmaceuticals Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000227 - Schedule - Shareholder Fees {- Pharmaceuticals Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000228 - Schedule - Annual Operating Expenses {- Pharmaceuticals Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000229 - Schedule - Expense Example {- Pharmaceuticals Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000230 - Schedule - Expense Example, No Redemption {- Pharmaceuticals Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000231 - Schedule - Annual Total Returns - Pharmaceuticals Portfolio [BarChart] link:presentationLinklink:calculationLinklink:definitionLink 000232 - Schedule - Average Annual Total Returns {Transposed} {- Pharmaceuticals Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000233 - Document - Risk/Return Detail {Unlabeled} - Pharmaceuticals Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000234 - Disclosure - Risk/Return Detail Data {Elements} - Pharmaceuticals Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000235 - Document - Risk/Return Summary {Unlabeled} - Air Transportation Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000236 - Schedule - Shareholder Fees {- Air Transportation Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000237 - Schedule - Annual Operating Expenses {- Air Transportation Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000238 - Schedule - Expense Example {- Air Transportation Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000239 - Schedule - Expense Example, No 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Schedule - Average Annual Total Returns {Transposed} {- Environment and Alternative Energy Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000260 - Document - Risk/Return Detail {Unlabeled} - Environment and Alternative Energy Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000261 - Disclosure - Risk/Return Detail Data {Elements} - Environment and Alternative Energy Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000262 - Document - Risk/Return Summary {Unlabeled} - Industrials Portfolio link:presentationLinklink:calculationLinklink:definitionLink 000263 - Schedule - Shareholder Fees {- Industrials Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000264 - Schedule - Annual Operating Expenses {- Industrials Portfolio} link:presentationLinklink:calculationLinklink:definitionLink 000265 - Schedule - Expense Example {- Industrials Portfolio} 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iso4217:USD xbrli:pure xbrli:shares iso4217:USD xbrli:shares 0000320351FIDELITY SELECT PORTFOLIOS485BPOS2020-04-242020-04-292020-02-29falseN-1A2020-04-29<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>Consumer Staples Portfolio</b>/Fidelity Advisor® Consumer Staples Fund A, M, C, I, Z</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 27 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. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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 27 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section 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/ShareholderFeesS000007463_D0228SelectPortfoliosFidelityAdvisorConsumerStaplesFundAMCIZPRO13 column period compact * ~0.05750.03500.000.000.00<font style="FONT-FAMILY: Times New Roman" size="3">Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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 M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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>0.01000.000.00<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/OperatingExpensesS000007463_D0228SelectPortfoliosFidelityAdvisorConsumerStaplesFundAMCIZPRO13 column period compact * ~0.00540.00540.00540.00540.00540.00250.00500.01000.000.000.00250.00270.00250.00220.00090.01040.01310.01790.00760.0063<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>675675479479282182787864648878877517515635632432432022021116111610431043970970422422351351177317731874187421052105942942786786~ http://www.proofPlus.com/role/ExpenseExampleS000007463_D0228SelectPortfoliosFidelityAdvisorConsumerStaplesFundAMCIZPRO13 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>~ http://www.proofPlus.com/role/ExpenseExampleNoRedemptionS000007463_D0228SelectPortfoliosFidelityAdvisorConsumerStaplesFundAMCIZPRO13 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>0.4<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 40% 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 manufacture, sale, or distribution of consumer staples.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, sale, or distribution of consumer staples.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Consumer Staples Industry Concentration.</i></b> The consumer staples industries can be significantly affected by demographics and product trends, competitive pricing, food fads, marketing campaigns, environmental factors, government regulation, the performance of the overall economy, interest rates, consumer confidence, and the cost of commodities.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.14920.08560.15060.21310.14590.01630.02780.1175-0.16070.3138~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007463_D0228SelectPortfoliosFidelityAdvisorConsumerStaplesFundAMCIZPRO13 column period compact * ~Highest Quarter Return0.17132019-03-31Lowest Quarter Return-0.10602018-12-31Year-to-Date Return-0.16652020-03-31<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" >17.13%</td><td align="right" valign="top">March 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-10.60%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-16.65%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007463_D0228SelectPortfoliosFidelityAdvisorConsumerStaplesFundAMCIZPRO13 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>Consumer Staples Portfolio</b></font>0.23830.03940.0924<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Staples Portfolio</b></font>0.23090.02220.0786<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>Consumer Staples Portfolio</b></font>0.14630.02850.0739<font style="FONT-FAMILY: Times New Roman" ><b>Class M - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Staples Portfolio</b></font>0.26450.04150.0920<font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Staples Portfolio</b></font>0.29420.04400.0908<font style="FONT-FAMILY: Times New Roman" ><b>Class I - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Staples Portfolio</b></font>0.31750.05470.1018<font style="FONT-FAMILY: Times New Roman" ><b>Class Z - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Staples Portfolio</b></font>0.31932018-10-020.14110.31490.11700.13560.26200.08030.1225<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, 2019</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>Gold Portfolio</b>/Fidelity Advisor® Gold Fund A, M, C, I, Z</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 29 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. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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 29 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section 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/ShareholderFeesS000007465_D0228SelectPortfoliosFidelityAdvisorGoldFundAMCIZPRO12 column period compact * ~0.05750.03500.000.000.00<font style="FONT-FAMILY: Times New Roman" size="3">Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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 M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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>0.01000.000.00<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/OperatingExpensesS000007465_D0228SelectPortfoliosFidelityAdvisorGoldFundAMCIZPRO12 column period compact * ~0.00540.00540.00540.00540.00540.00250.00500.01000.000.000.00340.00380.00260.00250.00110.01130.01420.01800.00790.0065<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>684684489489283183818166669139137847845665662522522082081161116110991099975975439439362362187118711992199221162116978978810810~ http://www.proofPlus.com/role/ExpenseExampleS000007465_D0228SelectPortfoliosFidelityAdvisorGoldFundAMCIZPRO12 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>~ http://www.proofPlus.com/role/ExpenseExampleNoRedemptionS000007465_D0228SelectPortfoliosFidelityAdvisorGoldFundAMCIZPRO12 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>0.56<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 56% 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 gold-related activities, and in gold bullion or coins.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks and in certain precious metals.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing up to 25% of assets in gold and other precious metals through a wholly-owned subsidiary organized under the laws of the Cayman Islands.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Potentially investing in other precious metals, instruments whose value is linked to the price of precious metals, and securities of companies that manufacture and distribute precious metal and minerals products (such as jewelry, watches, and metal foil and leaf) and companies that invest in other companies engaged in gold and other precious metal and mineral-related activities.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the 1940 Act, which means that it has the ability to 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>Geographic Concentration in Canada.</i></b> Because an underlying fund concentrates its investments in Canada, the underlying fund's performance is expected to be closely tied to social, political, and economic conditions within Canada and to be more volatile than the performance of more geographically diversified funds. In addition, because the underlying fund may invest a significant percentage of assets in certain industries, the underlying fund's performance could be affected to the extent that the particular industry or industries in which the fund invests are sensitive to adverse social, political, economic, currency, or regulatory developments.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Gold Industry Concentration.</i></b> The gold industry can be significantly affected by international monetary and political developments such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries, as well as supply and demand for gold and operational costs associated with mining.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Subsidiary Risk.</i></b> Investment in Fidelity Select Gold Cayman Ltd., an unregistered subsidiary, is not subject to the investor protections of the Investment Company Act of 1940 (1940 Act) and is subject to the risks associated with the gold industry. Changes in tax and other laws could negatively affect investments in the subsidiary.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the 1940 Act, which means that it has the ability to 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>0.3492-0.1656-0.1263-0.5154-0.0883-0.18070.46800.0828-0.13280.3505~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007465_D0228SelectPortfoliosFidelityAdvisorGoldFundAMCIZPRO12 column period compact * ~Highest Quarter Return0.40942016-03-31Lowest Quarter Return-0.37422013-06-30Year-to-Date Return-0.19142020-03-31<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" >40.94%</td><td align="right" valign="top">March 31, 2016</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-37.42%</td><td align="right" valign="top">June 30, 2013</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-19.14%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007465_D0228SelectPortfoliosFidelityAdvisorGoldFundAMCIZPRO12 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>Gold Portfolio</b></font>0.27290.0753-0.0460<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Gold Portfolio</b></font>0.27280.0725-0.0504<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>Gold Portfolio</b></font>0.16240.0580-0.0317<font style="FONT-FAMILY: Times New Roman" ><b>Class M - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Gold Portfolio</b></font>0.29920.0772-0.0464<font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Gold Portfolio</b></font>0.33090.0806-0.0471<font style="FONT-FAMILY: Times New Roman" ><b>Class I - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Gold Portfolio</b></font>0.35500.0916-0.0371<font style="FONT-FAMILY: Times New Roman" ><b>Class Z - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Gold Portfolio</b></font>0.35742018-10-020.36650.31490.11700.13560.45040.1319-0.0252<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, 2019</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>Materials Portfolio</b>/Fidelity Advisor® Materials Fund A, M, C, I, Z</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. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section 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/ShareholderFeesS000007469_D0228SelectPortfoliosFidelityAdvisorMaterialsFundAMCIZPRO12 column period compact * ~0.05750.03500.000.000.00<font style="FONT-FAMILY: Times New Roman" size="3">Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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 M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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>0.01000.000.00<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/OperatingExpensesS000007469_D0228SelectPortfoliosFidelityAdvisorMaterialsFundAMCIZPRO12 column period compact * ~0.00530.00530.00530.00530.00530.00250.00500.01000.000.000.00300.00340.00290.00260.00100.01080.01370.01820.00790.0063<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>679679485485285185818164648998997697695735732522522022021136113610741074985985439439351351181618161939193921372137978978786786~ http://www.proofPlus.com/role/ExpenseExampleS000007469_D0228SelectPortfoliosFidelityAdvisorMaterialsFundAMCIZPRO12 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>~ http://www.proofPlus.com/role/ExpenseExampleNoRedemptionS000007469_D0228SelectPortfoliosFidelityAdvisorMaterialsFundAMCIZPRO12 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>0.69<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 69% 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 manufacture, mining, processing, or distribution of raw materials and intermediate goods.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, mining, processing, or distribution of raw materials and intermediate goods.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Materials Industry Concentration.</i></b> The materials industries can be significantly affected by the level and volatility of commodity prices, the exchange value of the dollar, import and export controls, worldwide competition, liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2773-0.08460.19830.2156-0.0032-0.08910.11710.2586-0.23850.1210~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007469_D0228SelectPortfoliosFidelityAdvisorMaterialsFundAMCIZPRO12 column period compact * ~Highest Quarter Return0.20812010-12-31Lowest Quarter Return-0.25352011-09-30Year-to-Date Return-0.26362020-03-31<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" >20.81%</td><td align="right" valign="top">December 31, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-25.35%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-26.36%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007469_D0228SelectPortfoliosFidelityAdvisorMaterialsFundAMCIZPRO12 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>Materials Portfolio</b></font>0.05650.00600.0575<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Materials Portfolio</b></font>0.0541-0.00330.0488<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>Materials Portfolio</b></font>0.03520.00460.0462<font style="FONT-FAMILY: Times New Roman" ><b>Class M - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Materials Portfolio</b></font>0.07850.00770.0569<font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Materials Portfolio</b></font>0.10260.01040.0558<font style="FONT-FAMILY: Times New Roman" ><b>Class I - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Materials Portfolio</b></font>0.12410.02090.0668<font style="FONT-FAMILY: Times New Roman" ><b>Class Z - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Materials Portfolio</b></font>0.12592018-10-02-0.05690.31490.11700.13560.23800.06700.0930<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, 2019</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>Telecommunications Portfolio</b>/Fidelity Advisor® Telecommunications Fund A, M, C, I, Z</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 27 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. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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 27 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section 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/ShareholderFeesS000007485_D0228SelectPortfoliosFidelityAdvisorTelecommunicationsFundAMCIZPRO11 column period compact * ~0.05750.03500.000.000.00<font style="FONT-FAMILY: Times New Roman" size="3">Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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 M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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>0.01000.000.00<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/OperatingExpensesS000007485_D0228SelectPortfoliosFidelityAdvisorTelecommunicationsFundAMCIZPRO11 column period compact * ~0.00540.00540.00540.00540.00540.00250.00500.01000.000.000.00390.00420.00340.00340.00140.01180.01460.01880.00880.0068<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>6886884934932911919090696992892879679659159128128121821811871187112011201016101648848837937919241924203520352201220110841084847847~ http://www.proofPlus.com/role/ExpenseExampleS000007485_D0228SelectPortfoliosFidelityAdvisorTelecommunicationsFundAMCIZPRO11 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>~ http://www.proofPlus.com/role/ExpenseExampleNoRedemptionS000007485_D0228SelectPortfoliosFidelityAdvisorTelecommunicationsFundAMCIZPRO11 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>0.58<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 58% 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 development, production, or distribution of telecommunications services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of telecommunications services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Telecom Services Industry Concentration.</i></b> The telecom services industry is subject to government regulation and can be significantly affected by intense competition and technology changes.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.1801-0.04520.18270.21120.03270.01960.22390.0137-0.08330.1996~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007485_D0228SelectPortfoliosFidelityAdvisorTelecommunicationsFundAMCIZPRO11 column period compact * ~Highest Quarter Return0.17532010-09-30Lowest Quarter Return-0.17052011-09-30Year-to-Date Return-0.08202020-03-31<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" >17.53%</td><td align="right" valign="top">September 30, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-17.05%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-8.20%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007485_D0228SelectPortfoliosFidelityAdvisorTelecommunicationsFundAMCIZPRO11 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>Telecommunications Portfolio</b></font>0.13070.05570.0813<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Telecommunications Portfolio</b></font>0.12280.03950.0709<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>Telecommunications Portfolio</b></font>0.08290.04130.0649<font style="FONT-FAMILY: Times New Roman" ><b>Class M - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Telecommunications Portfolio</b></font>0.15440.05730.0805<font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Telecommunications Portfolio</b></font>0.18140.06060.0799<font style="FONT-FAMILY: Times New Roman" ><b>Class I - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Telecommunications Portfolio</b></font>0.20330.07170.0911<font style="FONT-FAMILY: Times New Roman" ><b>Class Z - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Telecommunications Portfolio</b></font>0.20582018-10-020.04310.31490.11700.13560.12640.04110.0799<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Automotive 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007464_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007464_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0.00540.000.00460.0100<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>1023185521225~ http://www.proofPlus.com/role/ExpenseExampleS000007464_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 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>0.45<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 45% 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 manufacture, marketing or sale of automobiles, trucks, specialty vehicles, parts, tires, and related services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, marketing or sale of automobiles, trucks, specialty vehicles, parts, tires, and related services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Automotive Industry Concentration.</i></b> The automotive industry is highly cyclical and can be significantly affected by labor relations and fluctuating component prices.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.4618-0.26160.26170.46670.02790.0017-0.05830.2395-0.13540.2887~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007464_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~Highest Quarter Return0.25562010-12-31Lowest Quarter Return-0.31642011-09-30Year-to-Date Return-0.26872020-03-31<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" >25.56%</td><td align="right" valign="top">December 31, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-31.64%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-26.87%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007464_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Automotive Portfolio</b></font>0.28870.05430.1034<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Automotive Portfolio</b></font>0.27670.03100.0829<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>Automotive Portfolio</b></font>0.17950.03910.08160.31490.11700.13560.26100.05400.1059<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, 2019</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>Communication Services Portfolio</b>/Communication Services 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007476_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007476_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0.00540.000.00240.0078<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/ExpenseExampleS000007476_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 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>0.73<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 73% 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 development, production, or distribution of communication services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of communication services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Communication Services Concentration.</i></b> The communication services industries can be significantly affected by government regulation, intense competition, technology changes, general economic conditions, consumer and business confidence and spending, and changes in consumer and business preferences.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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. Prior to December 1, 2018, the fund was named Multimedia Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. 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>0.25800.01830.34220.45650.0829-0.02170.09500.1259-0.03270.3262~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007476_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~Highest Quarter Return0.16032012-03-31Lowest Quarter Return-0.20432011-09-30Year-to-Date Return-0.16732020-03-31<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" >16.03%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-20.43%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-16.73%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007476_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communication Services Portfolio</b></font>0.32620.09120.1542<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communication Services Portfolio</b></font>0.23350.05870.1332<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>Communication Services Portfolio</b></font>0.24710.06720.12690.31490.11700.13560.27940.07410.1602<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Construction and Housing 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007494_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007494_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0.00540.000.00250.0079<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>81252439978~ http://www.proofPlus.com/role/ExpenseExampleS000007494_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 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>1.61<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 161% 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 design and construction of residential, commercial, industrial, and public works facilities, as well as companies engaged in the manufacture, supply, distribution, or sale of construction and housing products or services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the design and construction of residential, commercial, industrial, and public works facilities, as well as companies engaged in the manufacture, supply, distribution, or sale of construction and housing products or services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Construction and Housing Industry Concentration.</i></b> The construction and housing industry can be significantly affected by changes in housing starts, the level of new and existing home sales, government spending, public works, interest rates, consumer confidence and spending, taxation, and demographic patterns.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>High Portfolio Turnover.</i></b> High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.</li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.21540.02890.38010.21250.15740.06910.05050.2614-0.15590.4107~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007494_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~Highest Quarter Return0.24652011-12-31Lowest Quarter Return-0.19412011-09-30Year-to-Date Return-0.25742020-03-31<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" >24.65%</td><td align="right" valign="top">December 31, 2011</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-19.41%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-25.74%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007494_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Construction and Housing Portfolio</b></font>0.41070.11020.1511<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Construction and Housing Portfolio</b></font>0.38100.08820.1338<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>Construction and Housing Portfolio</b></font>0.25670.08350.12360.31490.11700.13560.36610.12900.1582<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Consumer Discretionary 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007454_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007454_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0.00540.000.00220.0076<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>78243422942~ http://www.proofPlus.com/role/ExpenseExampleS000007454_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 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>0.41<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 41% 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 manufacture and distribution of consumer discretionary products and services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture and distribution of consumer discretionary products and services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Consumer Discretionary Industry Concentration.</i></b> The consumer discretionary industries can be significantly affected by the performance of the overall economy, interest rates, competition, consumer confidence and spending, and changes in demographics and consumer tastes.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.3124-0.01660.21120.41030.10210.05430.04350.2208-0.00940.2704~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007454_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~Highest Quarter Return0.17822012-03-31Lowest Quarter Return-0.15842018-12-31Year-to-Date Return-0.21622020-03-31<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" >17.82%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-15.84%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-21.62%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007454_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Discretionary Portfolio</b></font>0.27040.11070.1517<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Discretionary Portfolio</b></font>0.26350.10330.1396<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>Consumer Discretionary Portfolio</b></font>0.16450.08670.12410.31490.11700.13560.27650.12090.1680<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Leisure 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007471_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007471_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0.00540.000.00220.0076<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>78243422942~ http://www.proofPlus.com/role/ExpenseExampleS000007471_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 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>0.53<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 53% 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 design, production, or distribution of goods or services in the leisure industries.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the design, production, or distribution of goods or services in the leisure industries.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Leisure Industry Concentration.</i></b> The leisure industry can be significantly affected by the performance of the overall economy, changing consumer tastes, intense competition, and government regulation.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.37880.05850.11400.41720.08330.03320.06350.2905-0.07150.2876~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007471_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~Highest Quarter Return0.15872012-03-31Lowest Quarter Return-0.14082011-09-30Year-to-Date Return-0.32672020-03-31<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" >15.87%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-14.08%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-32.67%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007471_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Leisure Portfolio</b></font>0.28760.11130.1552<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Leisure Portfolio</b></font>0.26900.09280.1396<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>Leisure Portfolio</b></font>0.18340.08590.12790.31490.11700.13560.28290.13770.1596<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Retailing 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007482_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007482_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~0.00540.000.00200.0074<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>76237411918~ http://www.proofPlus.com/role/ExpenseExampleS000007482_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 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>0.17<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 17% 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 merchandising finished goods and services primarily to individual consumers.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in merchandising finished goods and services primarily to individual consumers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Retail Industry Concentration.</i></b> The retail industry can be significantly affected by consumer confidence and spending, intense competition, and changing consumer tastes.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.28060.03360.24830.43930.12020.18410.04430.25820.04620.2632~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007482_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~Highest Quarter Return0.20232012-03-31Lowest Quarter Return-0.17672018-12-31Year-to-Date Return-0.17692020-03-31<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" >20.23%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-17.67%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-17.69%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007482_D0228SelectPortfoliosGroup1ConsumerDiscretionarySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Retailing Portfolio</b></font>0.26320.15510.1854<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Retailing Portfolio</b></font>0.25650.15000.1765<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>Retailing Portfolio</b></font>0.16010.12430.15570.31490.11700.13560.24950.15590.1872<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Utilities 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007488_D0228SelectPortfoliosGroup10UtilitiesSectorPRO08 column period compact * ~0<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/OperatingExpensesS000007488_D0228SelectPortfoliosGroup10UtilitiesSectorPRO08 column period compact * ~0.00540.000.00210.0075<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>77240417930~ http://www.proofPlus.com/role/ExpenseExampleS000007488_D0228SelectPortfoliosGroup10UtilitiesSectorPRO08 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>0.65<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 65% 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 utilities industry and companies deriving a majority of their revenues from their utility operations.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the utilities industry and companies deriving a majority of their revenues from their utility operations.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Utilities Industry Concentration.</i></b> The utilities industries can be significantly affected by government regulation, interest rate changes, financing difficulties, supply and demand of services or fuel, intense competition, natural resource conservation, and commodity price fluctuations.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.10940.13090.07030.20610.2166-0.10890.14000.17960.08580.2266~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007488_D0228SelectPortfoliosGroup10UtilitiesSectorPRO08 column period compact * ~Highest Quarter Return0.14302013-03-31Lowest Quarter Return-0.06412015-06-30Year-to-Date Return-0.17712020-03-31<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" >14.30%</td><td align="right" valign="top">March 31, 2013</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-6.41%</td><td align="right" valign="top">June 30, 2015</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-17.71%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007488_D0228SelectPortfoliosGroup10UtilitiesSectorPRO08 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Utilities Portfolio</b></font>0.22660.09800.1214<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Utilities Portfolio</b></font>0.22000.08650.1118<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>Utilities Portfolio</b></font>0.13880.07550.09900.31490.11700.13560.25030.10500.1213<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, 2019</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>Consumer Staples Portfolio</b>/Consumer Staples 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007463_D0228SelectPortfoliosGroup2ConsumerStaplesSectorRetailPRO11 column period compact * ~0<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/OperatingExpensesS000007463_D0228SelectPortfoliosGroup2ConsumerStaplesSectorRetailPRO11 column period compact * ~0.00540.000.00210.0075<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>77240417930~ http://www.proofPlus.com/role/ExpenseExampleS000007463_D0228SelectPortfoliosGroup2ConsumerStaplesSectorRetailPRO11 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>0.4<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 40% 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 manufacture, sale, or distribution of consumer staples.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, sale, or distribution of consumer staples.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Consumer Staples Industry Concentration.</i></b> The consumer staples industries can be significantly affected by demographics and product trends, competitive pricing, food fads, marketing campaigns, environmental factors, government regulation, the performance of the overall economy, interest rates, consumer confidence, and the cost of commodities.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.15200.08840.15390.21630.14910.01900.03070.1206-0.15820.3177~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007463_D0228SelectPortfoliosGroup2ConsumerStaplesSectorRetailPRO11 column period compact * ~Highest Quarter Return0.17222019-03-31Lowest Quarter Return-0.10532018-12-31Year-to-Date Return-0.16582020-03-31<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" >17.22%</td><td align="right" valign="top">March 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-10.53%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-16.58%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007463_D0228SelectPortfoliosGroup2ConsumerStaplesSectorRetailPRO11 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Staples Portfolio</b></font>0.31770.05480.1020<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Staples Portfolio</b></font>0.30920.03680.0875<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>Consumer Staples Portfolio</b></font>0.19410.04050.08210.31490.11700.13560.26200.08030.1225<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Energy 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007459_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007459_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~0.00530.000.00280.0081<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>832594501002~ http://www.proofPlus.com/role/ExpenseExampleS000007459_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 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>0.79<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 79% 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 energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Energy Industry Concentration.</i></b> The energy industries can be significantly affected by fluctuations in energy prices and supply and demand of energy fuels, energy conservation, the success of exploration projects, and tax and other government regulations.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.1899-0.04850.04640.2421-0.1264-0.20530.3384-0.0264-0.24920.0988~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007459_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~Highest Quarter Return0.24432010-12-31Lowest Quarter Return-0.30222018-12-31Year-to-Date Return-0.52252020-03-31<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" >24.43%</td><td align="right" valign="top">December 31, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-30.22%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-52.25%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007459_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Energy Portfolio</b></font>0.0988-0.03100.0094<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Energy Portfolio</b></font>0.0940-0.03420.0022<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>Energy Portfolio</b></font>0.0619-0.02320.00840.31490.11700.13560.0942-0.03130.0229<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Energy Service 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007460_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007460_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~0.00530.000.00370.0090<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>922874981108~ http://www.proofPlus.com/role/ExpenseExampleS000007460_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 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>0.42<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 42% 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 energy service field, including those that provide services and equipment to the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the energy service field, including those that provide services and equipment to the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Energy Service Industry Concentration.</i></b> The energy service industry can be significantly affected by the supply of and demand for specific equipment or services, the supply of and demand for oil and gas, the price of oil and gas, exploration and production spending, government regulation, world events, and economic conditions.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2792-0.12560.02570.2748-0.2413-0.26410.3657-0.1268-0.44100.0031~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007460_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~Highest Quarter Return0.26522010-12-31Lowest Quarter Return-0.43872018-12-31Year-to-Date Return-0.66312020-03-31<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" >26.52%</td><td align="right" valign="top">December 31, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-43.87%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-66.31%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007460_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Energy Service Portfolio</b></font>0.0031-0.1322-0.0587<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Energy Service Portfolio</b></font>-0.0023-0.1380-0.0648<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>Energy Service Portfolio</b></font>0.0049-0.0926-0.03880.31490.11700.1356-0.0112-0.1508-0.0616<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Natural Gas 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007477_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007477_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~0.00530.000.00400.0093<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>952965151143~ http://www.proofPlus.com/role/ExpenseExampleS000007477_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 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>0.87<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 87% 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 production, transmission, and distribution of natural gas, and involved in the exploration of potential natural gas sources, as well as those companies that provide services and equipment to natural gas producers, refineries, cogeneration facilities, converters, and distributors.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the production, transmission, and distribution of natural gas, and involved in the exploration of potential natural gas sources, as well as those companies that provide services and equipment to natural gas producers, refineries, cogeneration facilities, converters, and distributors.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Natural Gas Industry Concentration.</i></b> The natural gas industry is subject to changes in price and supply of energy sources and can be significantly affected by events relating to international politics, energy conservation, the success of energy source exploration projects, and tax and other government regulations.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.0643-0.07670.02440.2466-0.1329-0.36820.4846-0.1564-0.25350.0358~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007477_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~Highest Quarter Return0.18162016-06-30Lowest Quarter Return-0.30782018-12-31Year-to-Date Return-0.55512020-03-31<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" >18.16%</td><td align="right" valign="top">June 30, 2016</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-30.78%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-55.51%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007477_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Natural Gas Portfolio</b></font>0.0358-0.0936-0.0399<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Natural Gas Portfolio</b></font>0.0332-0.0974-0.0430<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>Natural Gas Portfolio</b></font>0.0230-0.0676-0.02800.31490.11700.13560.1175-0.05480.0022<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Natural Resources 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007478_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007478_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~0.00540.000.00300.0084<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>862684661037~ http://www.proofPlus.com/role/ExpenseExampleS000007478_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 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>0.08<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 8% 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 owning or developing natural resources, or supplying goods and services to such companies, and in precious metals.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks and in certain precious metals.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in owning or developing natural resources, or supplying goods and services to such companies, and in precious metals.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Geographic Concentration in Canada.</i></b> Because the fund concentrates its investments in Canada, the fund's performance is expected to be closely tied to social, political, and economic conditions within Canada and to be more volatile than the performance of more geographically diversified funds. In addition, because the fund may invest a significant percentage of assets in certain industries, the fund's performance could be affected to the extent that the particular industry or industries in which the fund invests are sensitive to adverse social, political, economic, currency, or regulatory developments.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Natural Resources Industry Concentration.</i></b> The natural resources industries can be significantly affected by events relating to international political and economic developments, energy conservation, the success of exploration projects, commodity prices, and tax and other government regulations.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2309-0.09250.03350.1749-0.1229-0.21640.3024-0.0010-0.24220.1908~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007478_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~Highest Quarter Return0.24752010-12-31Lowest Quarter Return-0.25642011-09-30Year-to-Date Return-0.48282020-03-31<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" >24.75%</td><td align="right" valign="top">December 31, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-25.64%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-48.28%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007478_D0228SelectPortfoliosGroup3EnergySectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Natural Resources Portfolio</b></font>0.1908-0.01660.0091<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Natural Resources Portfolio</b></font>0.1867-0.01910.0054<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>Natural Resources Portfolio</b></font>0.1157-0.01260.00740.31490.11700.13560.1763-0.01410.0139<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Banking 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007475_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0<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/OperatingExpensesS000007475_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0.00540.000.00230.0077<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>79246428954~ http://www.proofPlus.com/role/ExpenseExampleS000007475_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 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>0.31<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 31% 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 banking.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in banking.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Banking Industry Concentration.</i></b> The banking industry can be significantly affected by legislation, regulation, competition and by changes in general economic conditions and interest rates.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2144-0.13310.22420.39380.07580.00650.26840.1268-0.18280.3559~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007475_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~Highest Quarter Return0.27242016-12-31Lowest Quarter Return-0.22082011-09-30Year-to-Date Return-0.43512020-03-31<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" >27.24%</td><td align="right" valign="top">December 31, 2016</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-22.08%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-43.51%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007475_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Banking Portfolio</b></font>0.35590.09770.1191<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Banking Portfolio</b></font>0.33680.07720.1062<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>Banking Portfolio</b></font>0.22310.07420.09690.31490.11700.13560.30770.10670.1241<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Brokerage and Investment Management 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007490_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0<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/OperatingExpensesS000007490_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0.00540.000.00230.0077<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>79246428954~ http://www.proofPlus.com/role/ExpenseExampleS000007490_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 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>0.09<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 9% 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 exchange of financial instruments, stock brokerage, commodity brokerage, investment banking, tax-advantaged investment or investment sales, investment management, or related investment advisory and financial decision support services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the exchange of financial instruments, stock brokerage, commodity brokerage, investment banking, tax-advantaged investment or investment sales, investment management, or related investment advisory and financial decision support services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Brokerage and Investment Management Industry Concentration.</i></b> The brokerage and investment management industry can be significantly affected by stock and bond market activity, changes in regulations, brokerage commission structure, and a competitive environment combined with the high operating leverage inherent in companies in this 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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.1120-0.22840.28310.48870.0524-0.09710.06700.2994-0.15020.3160~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007490_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~Highest Quarter Return0.21952012-03-31Lowest Quarter Return-0.23452011-09-30Year-to-Date Return-0.20862020-03-31<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" >21.95%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-23.45%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-20.86%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007490_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Brokerage and Investment Management Portfolio</b></font>0.31600.06960.0922<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Brokerage and Investment Management Portfolio</b></font>0.30240.05540.0831<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>Brokerage and Investment Management Portfolio</b></font>0.19580.05170.07380.31490.11700.13560.31600.07360.0983<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Consumer Finance 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007467_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0<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/OperatingExpensesS000007467_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0.00540.000.00320.0086<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>882744771061~ http://www.proofPlus.com/role/ExpenseExampleS000007467_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 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>0.2<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 20% 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 providing products and services associated with consumer finance.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in providing products and services associated with consumer finance.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Consumer Finance Industry Concentration.</i></b> The consumer finance industry can be significantly affected by changing economic conditions, demand for consumer loans, refinancing activity, interest rate changes, and government regulation.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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. Prior to December 1, 2010, the fund was named Home Finance Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. 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>0.0593-0.00990.34460.32570.0706-0.04960.14590.2311-0.10390.3418~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007467_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~Highest Quarter Return0.21382012-03-31Lowest Quarter Return-0.15242018-12-31Year-to-Date Return-0.41082020-03-31<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" >21.38%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-15.24%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-41.08%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007467_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Finance Portfolio</b></font>0.34180.10020.1243<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Consumer Finance Portfolio</b></font>0.33550.08630.1048<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>Consumer Finance Portfolio</b></font>0.20560.07550.09650.31490.11700.13560.33040.08850.1164<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Financial Services 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007462_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0<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/OperatingExpensesS000007462_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0.00540.000.00230.0077<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>79246428954~ http://www.proofPlus.com/role/ExpenseExampleS000007462_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 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>0.61<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 61% 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 providing financial services to consumers and industry.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in providing financial services to consumers and industry.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Financials Industry Concentration.</i></b> The financials industries are subject to extensive government regulation, can be subject to relatively rapid change due to increasingly blurred distinctions between service segments, and can be significantly affected by availability and cost of capital funds, changes in interest rates, the rate of corporate and consumer debt defaults, and price competition.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.0648-0.20350.27810.33670.1073-0.03910.18670.2094-0.15860.3424~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007462_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~Highest Quarter Return0.23102012-03-31Lowest Quarter Return-0.23012011-09-30Year-to-Date Return-0.34992020-03-31<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" >23.10%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-23.01%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-34.99%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007462_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Financial Services Portfolio</b></font>0.34240.09270.0959<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Financial Services Portfolio</b></font>0.32550.08030.0885<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>Financial Services Portfolio</b></font>0.21470.07150.07770.31490.11700.13560.31390.10840.1220<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Insurance 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007470_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0<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/OperatingExpensesS000007470_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~0.00530.000.00280.0081<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>832594501002~ http://www.proofPlus.com/role/ExpenseExampleS000007470_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 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>0.28<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 28% 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 underwriting, reinsuring, selling, distributing, or placing of property and casualty, life, or health insurance.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in underwriting, reinsuring, selling, distributing, or placing of property and casualty, life, or health insurance.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Insurance Industry Concentration.</i></b> The insurance industry is subject to extensive government regulation and can be significantly affected by interest rates, general economic conditions, and price and marketing competition. Different segments of the industry can be significantly affected by natural disasters, mortality and morbidity rates, and environmental clean-up.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2013-0.05160.19670.43800.09900.03470.18170.1538-0.11240.3003~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007470_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~Highest Quarter Return0.14692013-03-31Lowest Quarter Return-0.17602011-09-30Year-to-Date Return-0.29182020-03-31<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" >14.69%</td><td align="right" valign="top">March 31, 2013</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-17.60%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-29.18%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007470_D0228SelectPortfoliosGroup4FinancialsSectorComboPRO15 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Insurance Portfolio</b></font>0.30030.10240.1337<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Insurance Portfolio</b></font>0.27860.07600.1136<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>Insurance Portfolio</b></font>0.19130.07740.10750.31490.11700.13560.28440.10780.1345<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Biotechnology 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007486_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007486_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0.00540.000.00180.0072<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>74230401894~ http://www.proofPlus.com/role/ExpenseExampleS000007486_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 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>0.5<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 50% 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 research, development, manufacture, and distribution of various biotechnological products, services, and processes and companies that benefit significantly from scientific and technological advances in biotechnology.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, and distribution of various biotechnological products, services, and processes and companies that benefit significantly from scientific and technological advances in biotechnology.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Biotechnology Industry Concentration.</i></b> The biotechnology industry can be significantly affected by patent considerations, intense competition, rapid technological change and obsolescence, and government regulation, and revenue patterns can be erratic.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.11410.18180.36590.65660.35050.1367-0.23720.2787-0.10730.3596~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007486_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~Highest Quarter Return0.26572019-12-31Lowest Quarter Return-0.28452016-03-31Year-to-Date Return-0.14712020-03-31<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" >26.57%</td><td align="right" valign="top">December 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-28.45%</td><td align="right" valign="top">March 31, 2016</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-14.71%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007486_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Biotechnology Portfolio</b></font>0.35960.06120.1840<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Biotechnology Portfolio</b></font>0.33190.04640.1716<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>Biotechnology Portfolio</b></font>0.23150.04600.15620.31490.11700.13560.21120.06330.1827<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Health Care 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007466_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007466_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0.00540.000.00160.0070<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>72224390871~ http://www.proofPlus.com/role/ExpenseExampleS000007466_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 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>0.36<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 36% 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 design, manufacture, or sale of products or services used for or in connection with health care or medicine.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the design, manufacture, or sale of products or services used for or in connection with health care or medicine.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Health Care Industry Concentration.</i></b> The health care industries are subject to government regulation and reimbursement rates, as well as government approval of products and services, which could have a significant effect on price and availability, and can be significantly affected by product liability claims, rapid obsolescence, and patent expirations.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.16960.07820.21390.56270.32880.0657-0.10680.24020.07440.3146~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007466_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~Highest Quarter Return0.22152019-12-31Lowest Quarter Return-0.15012018-12-31Year-to-Date Return-0.11052020-03-31<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" >22.15%</td><td align="right" valign="top">December 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-15.01%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-11.05%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007466_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Health Care Portfolio</b></font>0.31460.10770.1815<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Health Care Portfolio</b></font>0.31040.09420.1630<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>Health Care Portfolio</b></font>0.18920.08170.14800.31490.11700.13560.22030.10540.1526<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Health Care Services 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007472_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007472_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0.00540.000.00210.0075<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>77240417930~ http://www.proofPlus.com/role/ExpenseExampleS000007472_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 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>0.37<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 37% 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 ownership or management of hospitals, nursing homes, health maintenance organizations, and other companies specializing in the delivery of health care services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the ownership or management of hospitals, nursing homes, health maintenance organizations, and other companies specializing in the delivery of health care services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Health Care Services Industry Concentration.</i></b> The health care services industry is subject to extensive government regulation and can be significantly affected by government reimbursement for medical expenses, rising costs of medical products and services, pricing pressure, and an increased emphasis on outpatient services.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.15430.10230.10550.35310.23660.06950.02250.24340.10450.1991~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007472_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~Highest Quarter Return0.26242019-12-31Lowest Quarter Return-0.17912011-09-30Year-to-Date Return-0.13302020-03-31<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" >26.24%</td><td align="right" valign="top">December 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-17.91%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-13.30%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007472_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Health Care Services Portfolio</b></font>0.19910.12480.1554<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Health Care Services Portfolio</b></font>0.19830.10690.1402<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>Health Care Services Portfolio</b></font>0.11840.09590.12700.31490.11700.13560.19380.11920.1654<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Medical Technology and Devices 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007473_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007473_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0.00540.000.00170.0071<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>73227395883~ http://www.proofPlus.com/role/ExpenseExampleS000007473_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 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>0.35<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 35% 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 research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Medical Technology and Devices Industry Concentration.</i></b> The medical technology and devices industry can be significantly affected by patent considerations, competition, technology, government regulation, and government reimbursement for medical expenses.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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. Prior to January 1, 2018, the fund was named Medical Equipment and Systems Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. 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>0.1271-0.03420.15620.41300.26700.07110.08680.26570.16200.2956~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007473_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~Highest Quarter Return0.14802016-06-30Lowest Quarter Return-0.14682011-09-30Year-to-Date Return-0.14042020-03-31<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" >14.80%</td><td align="right" valign="top">June 30, 2016</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-14.68%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-14.04%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007473_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Medical Technology and Devices Portfolio</b></font>0.29560.17280.1746<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Medical Technology and Devices Portfolio</b></font>0.29030.15200.1548<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>Medical Technology and Devices Portfolio</b></font>0.17880.13250.14030.31490.11700.13560.31040.17900.1622<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Pharmaceuticals 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007481_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0<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/OperatingExpensesS000007481_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~0.00540.000.00240.0078<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/ExpenseExampleS000007481_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 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>0.52<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 52% 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 companies engaged in the research, development, manufacture, sale, or distribution of pharmaceuticals and drugs of all types.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in companies engaged in the research, development, manufacture, sale, or distribution of pharmaceuticals and drugs of all types.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Pharmaceuticals Industry Concentration.</i></b> The pharmaceuticals industry can be significantly affected by government approval of products and services, government regulation and reimbursement rates, patent expirations, and intense competition.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.16360.13700.14250.41360.23820.0819-0.16270.10690.05810.3163~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007481_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~Highest Quarter Return0.17282019-12-31Lowest Quarter Return-0.11622016-03-31Year-to-Date Return-0.10002020-03-31<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" >17.28%</td><td align="right" valign="top">December 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-11.62%</td><td align="right" valign="top">March 31, 2016</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-10.00%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007481_D0228SelectPortfoliosGroup5HealthCareSectorComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Pharmaceuticals Portfolio</b></font>0.31630.06910.1396<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Pharmaceuticals Portfolio</b></font>0.28960.05620.1251<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>Pharmaceuticals Portfolio</b></font>0.20280.05190.11370.31490.11700.13560.18560.04800.1224<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Air Transportation 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007453_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0<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/OperatingExpensesS000007453_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0.00540.000.00270.0081<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>832594501002~ http://www.proofPlus.com/role/ExpenseExampleS000007453_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 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>0.95<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 95% 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 regional, national, and international movement of passengers, mail, and freight via aircraft.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the regional, national, and international movement of passengers, mail, and freight via aircraft.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Air Transportation Industry Concentration.</i></b> The air transportation industry can be significantly affected by competition within the industry, domestic and foreign economies, government regulation, labor relations, the price of fuel, and geopolitical developments.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.3337-0.06070.19160.50650.2808-0.08610.20030.2432-0.12460.2100~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007453_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~Highest Quarter Return0.21512010-03-31Lowest Quarter Return-0.17002018-12-31Year-to-Date Return-0.42402020-03-31<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" >21.51%</td><td align="right" valign="top">March 31, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-17.00%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-42.40%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007453_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Air Transportation Portfolio</b></font>0.21000.07630.1532<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Air Transportation Portfolio</b></font>0.18510.05610.1384<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>Air Transportation Portfolio</b></font>0.14070.05680.12690.31490.11700.13560.24190.09580.1551<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Defense and Aerospace 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007456_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0<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/OperatingExpensesS000007456_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0.00540.000.00210.0075<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>77240417930~ http://www.proofPlus.com/role/ExpenseExampleS000007456_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 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>0.4<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 40% 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 research, manufacture, or sale of products or services related to the defense or aerospace industries.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the research, manufacture, or sale of products or services related to the defense or aerospace industries.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Defense and Aerospace Industry Concentration.</i></b> The defense and aerospace industry can be significantly affected by government defense and aerospace regulation and spending policies.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.21880.07330.13510.48140.02920.03600.17890.3421-0.06740.3374~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007456_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~Highest Quarter Return0.17202019-03-31Lowest Quarter Return-0.19702018-12-31Year-to-Date Return-0.32772020-03-31<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" >17.20%</td><td align="right" valign="top">March 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-19.70%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-32.77%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007456_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Defense and Aerospace Portfolio</b></font>0.33740.15370.1656<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Defense and Aerospace Portfolio</b></font>0.32930.13880.1541<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>Defense and Aerospace Portfolio</b></font>0.20560.12040.13770.31490.11700.13560.34050.17530.1879<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Environment and Alternative Energy 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007461_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0<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/OperatingExpensesS000007461_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0.00540.000.00310.0085<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>872714711049~ http://www.proofPlus.com/role/ExpenseExampleS000007461_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 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>0.49<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 49% 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 business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Environment and Alternative Energy Industry Concentration.</i></b> The environment and alternative energy industries can be significantly affected by government regulations and subsidies, changing supply and demand for traditional energy sources, and availability of funding for remedial cleanup or development of new technologies, and can be subject to risks associated with hazardous materials.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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. Prior to July 1, 2010, the fund was named Environmental Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. 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>0.1493-0.14300.14150.34990.0186-0.04590.20720.2525-0.13430.2683~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007461_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~Highest Quarter Return0.15662019-03-31Lowest Quarter Return-0.25922011-09-30Year-to-Date Return-0.26222020-03-31<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" >15.66%</td><td align="right" valign="top">March 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-25.92%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-26.22%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007461_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Environment and Alternative Energy Portfolio</b></font>0.26830.09640.0937<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Environment and Alternative Energy Portfolio</b></font>0.26170.08620.0848<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>Environment and Alternative Energy Portfolio</b></font>0.16330.07440.07500.31490.11700.13560.33550.11500.1188<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Industrials 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007455_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0<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/OperatingExpensesS000007455_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0.00540.000.00220.0076<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>78243422942~ http://www.proofPlus.com/role/ExpenseExampleS000007455_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 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>1.43<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 143% 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 research, development, manufacture, distribution, supply, or sale of industrial products, services, or equipment.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, distribution, supply, or sale of industrial products, services, or equipment.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Industrials Industry Concentration.</i></b> Industrial industries can be significantly affected by general economic trends, changes in consumer sentiment and spending, commodity prices, legislation, government regulation and spending, import controls, worldwide competition, and liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>High Portfolio Turnover.</i></b> High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.</li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.3108-0.04880.19600.39900.0581-0.01970.15530.2008-0.15270.2799~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007455_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~Highest Quarter Return0.17892019-03-31Lowest Quarter Return-0.22422011-09-30Year-to-Date Return-0.28642020-03-31<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" >17.89%</td><td align="right" valign="top">March 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-22.42%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-28.64%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007455_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Industrials Portfolio</b></font>0.27990.08080.1253<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Industrials Portfolio</b></font>0.26770.06640.1120<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>Industrials Portfolio</b></font>0.17440.06160.10190.31490.11700.13560.30280.09650.1361<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Transportation 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007487_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0<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/OperatingExpensesS000007487_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~0.00530.000.00260.0079<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>81252439978~ http://www.proofPlus.com/role/ExpenseExampleS000007487_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 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>0.78<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 78% 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 providing transportation services or companies principally engaged in the design, manufacture, distribution, or sale of transportation equipment.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in providing transportation services or companies principally engaged in the design, manufacture, distribution, or sale of transportation equipment.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Transportation Industry Concentration.</i></b> The transportation industry can be significantly affected by changes in the economy, fuel prices, labor relations, insurance costs, and government regulation.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.4130-0.05280.11100.48350.3401-0.18510.25900.2220-0.10930.1839~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007487_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~Highest Quarter Return0.20722010-03-31Lowest Quarter Return-0.21742011-09-30Year-to-Date Return-0.29062020-03-31<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" >20.72%</td><td align="right" valign="top">March 31, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-21.74%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-29.06%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007487_D0228SelectPortfoliosGroup6IndustrialsSectorComboPRO10 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Transportation Portfolio</b></font>0.18390.05740.1460<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Transportation Portfolio</b></font>0.17300.04320.1342<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>Transportation Portfolio</b></font>0.11660.04290.12110.31490.11700.13560.22790.06150.1421<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Communications Equipment 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007457_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007457_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0.00530.000.00300.0083<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>852654601025~ http://www.proofPlus.com/role/ExpenseExampleS000007457_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 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>1.08<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 108% 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 development, manufacture, or sale of communications equipment.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the development, manufacture, or sale of communications equipment.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Communications Equipment Industry Concentration.</i></b> The communications equipment industry can be significantly affected by failure to obtain, or delays in obtaining, financing or regulatory approval, intense competition, product compatibility, consumer preferences, corporate capital expenditures, and rapid obsolescence.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>High Portfolio Turnover.</i></b> High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.</li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2770-0.16680.05970.28160.1497-0.10180.19880.11660.03950.0609~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007457_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~Highest Quarter Return0.20012010-09-30Lowest Quarter Return-0.25142011-09-30Year-to-Date Return-0.19792020-03-31<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" >20.01%</td><td align="right" valign="top">September 30, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-25.14%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-19.79%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007457_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communications Equipment Portfolio</b></font>0.06090.05810.0822<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communications Equipment Portfolio</b></font>0.04850.04820.0747<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>Communications Equipment Portfolio</b></font>0.04570.04420.06550.31490.11700.13560.06090.05320.0646<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Computers 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007493_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007493_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0.00540.000.00220.0076<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>78243422942~ http://www.proofPlus.com/role/ExpenseExampleS000007493_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 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>1.16<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 116% 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 research, design, development, manufacture, or distribution of products, processes, or services that relate to currently available or experimental hardware technology within the computer industry.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in research, design, development, manufacture, or distribution of products, processes, or services that relate to currently available or experimental hardware technology within the computer industry.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Geographic Concentration in Japan.</i></b> Because the fund concentrates its investments in Japan, the fund's performance is expected to be closely tied to social, political, and economic conditions within Japan and to be more volatile than the performance of more geographically diversified funds.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Computer Industry Concentration.</i></b> The computer industry can be significantly affected by competitive pressures, changing domestic and international demand, research and development costs, availability and price of components, and product obsolescence.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>High Portfolio Turnover.</i></b> High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.</li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2376-0.04480.14260.31090.1473-0.13800.15810.3374-0.05880.4004~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007493_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~Highest Quarter Return0.25292012-03-31Lowest Quarter Return-0.19072018-12-31Year-to-Date Return-0.14952020-03-31<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" >25.29%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-19.07%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-14.95%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007493_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Computers Portfolio</b></font>0.40040.11970.1359<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Computers Portfolio</b></font>0.35840.09120.1184<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>Computers Portfolio</b></font>0.25940.08880.10950.31490.11700.13560.38750.07560.1078<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>IT Services 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007491_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007491_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0.00540.000.00190.0073<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>75233406906~ http://www.proofPlus.com/role/ExpenseExampleS000007491_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 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 providing information technology services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in providing information technology services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>IT Services Industry Concentration.</i></b> The IT services industry can be significantly affected by competitive pressures, such as technological developments, fixed-rate pricing, and the ability to attract and retain skilled employees, and the success of companies in the industry is subject to continued demand for IT services.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.18450.02250.19820.53120.06280.13130.05190.34250.04190.4223~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007491_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~Highest Quarter Return0.25492019-03-31Lowest Quarter Return-0.17052018-12-31Year-to-Date Return-0.16202020-03-31<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" >25.49%</td><td align="right" valign="top">March 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-17.05%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-16.20%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007491_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>IT Services Portfolio</b></font>0.42230.18810.1878<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>IT Services Portfolio</b></font>0.41450.17980.1798<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>IT Services Portfolio</b></font>0.25540.15100.15870.31490.11700.13560.41010.17660.1713<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Semiconductors 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007458_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007458_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0.00540.000.00180.0072<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>74230401894~ http://www.proofPlus.com/role/ExpenseExampleS000007458_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 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>1.14<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 114% 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 design, manufacture, or sale of semiconductors and semiconductor equipment.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Electronics Industry Concentration.</i></b> The electronics industry can be significantly affected by rapid obsolescence, intense competition, and global demand.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>High Portfolio Turnover.</i></b> High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.</li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.1684-0.08490.03600.39180.38370.02240.32380.3506-0.11750.6446~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007458_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~Highest Quarter Return0.23642012-03-31Lowest Quarter Return-0.16862011-09-30Year-to-Date Return-0.20132020-03-31<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" >23.64%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-16.86%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-20.13%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007458_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Semiconductors Portfolio</b></font>0.64460.21550.1892<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Semiconductors Portfolio</b></font>0.63180.17450.1675<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>Semiconductors Portfolio</b></font>0.39070.15720.15200.31490.11700.13560.55250.20180.1745<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Software and IT Services 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007483_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007483_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0.00540.00<font style="FONT-FAMILY: Times New Roman" size="3">Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses. For the period, acquired fund fees and expenses are less than 0.01% and are included in other expenses.</font>0.00170.0071<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>73227395883~ http://www.proofPlus.com/role/ExpenseExampleS000007483_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 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>0.23<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 23% 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 research, design, production, or distribution of products or processes that relate to software or information-based services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in research, design, production, or distribution of products or processes that relate to software or information-based services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Software and Information Technology Services Industry Concentration.</i></b> The software and information technology services industry can be significantly affected by intense competition, aggressive pricing, technological innovations, and product obsolescence.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.18940.02180.18060.51120.08220.10470.10310.38530.04190.3887~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007483_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~Highest Quarter Return0.20442012-03-31Lowest Quarter Return-0.14712018-12-31Year-to-Date Return-0.10242020-03-31<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" >20.44%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-14.71%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-10.24%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007483_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Software and IT Services Portfolio</b></font>0.38870.19560.1908<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Software and IT Services Portfolio</b></font>0.34710.17430.1684<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>Software and IT Services Portfolio</b></font>0.25440.15310.15370.31490.11700.13560.41350.20040.1776<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Technology 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007484_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0<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/OperatingExpensesS000007484_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~0.00540.000.00170.0071<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>73227395883~ http://www.proofPlus.com/role/ExpenseExampleS000007484_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 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>0.32<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 32% 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 offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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. </li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Technology Industry Concentration.</i></b> The technology industries can be significantly affected by obsolescence of existing technology, short product cycles, falling prices and profits, competition from new market entrants, and general economic conditions.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2669-0.09560.17160.31760.10650.07400.11940.4986-0.08790.5107~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007484_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~Highest Quarter Return0.22172012-03-31Lowest Quarter Return-0.22492018-12-31Year-to-Date Return-0.11462020-03-31<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" >22.17%</td><td align="right" valign="top">March 31, 2012</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-22.49%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-11.46%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007484_D0228SelectPortfoliosGroup7InformationTechnologySectorComboPRO16 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Technology Portfolio</b></font>0.51070.19940.1713<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Technology Portfolio</b></font>0.50400.17640.1509<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>Technology Portfolio</b></font>0.30700.15450.13630.31490.11700.13560.48850.19530.1726<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Chemicals 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007492_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~0<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/OperatingExpensesS000007492_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~0.00530.000.00250.0078<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/ExpenseExampleS000007492_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 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>0.77<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 77% 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 research, development, manufacture, or marketing of products or services related to the chemical process industries.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, or marketing of products or services related to the chemical process industries.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Chemicals Industry Concentration.</i></b> The chemicals industry can be significantly affected by intense competition, product obsolescence, raw materials prices, and government regulation, and can be subject to risks associated with the production, handling, and disposal of hazardous components.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.30730.00290.30010.29860.0456-0.05100.17980.3175-0.22190.0824~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007492_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~Highest Quarter Return0.22722010-09-30Lowest Quarter Return-0.24122011-09-30Year-to-Date Return-0.29082020-03-31<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" >22.72%</td><td align="right" valign="top">September 30, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-24.12%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-29.08%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007492_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Chemicals Portfolio</b></font>0.08240.04440.1114<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Chemicals Portfolio</b></font>0.06590.02390.0962<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>Chemicals Portfolio</b></font>0.06130.03250.09030.31490.11700.13560.19690.07200.1246<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, 2019</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>Gold Portfolio</b>/Gold 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007465_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~0<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/OperatingExpensesS000007465_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~0.00540.000.00250.0079<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>81252439978~ http://www.proofPlus.com/role/ExpenseExampleS000007465_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 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>0.56<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 56% 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 gold-related activities, and in gold bullion or coins.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks and in certain precious metals.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing up to 25% of assets in gold and other precious metals through a wholly-owned subsidiary organized under the laws of the Cayman Islands.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Potentially investing in other precious metals, instruments whose value is linked to the price of precious metals, and securities of companies that manufacture and distribute precious metal and minerals products (such as jewelry, watches, and metal foil and leaf) and companies that invest in other companies engaged in gold and other precious metal and mineral-related activities.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the 1940 Act, which means that it has the ability to 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>Geographic Concentration in Canada.</i></b> Because an underlying fund concentrates its investments in Canada, the underlying fund's performance is expected to be closely tied to social, political, and economic conditions within Canada and to be more volatile than the performance of more geographically diversified funds. In addition, because the underlying fund may invest a significant percentage of assets in certain industries, the underlying fund's performance could be affected to the extent that the particular industry or industries in which the fund invests are sensitive to adverse social, political, economic, currency, or regulatory developments.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Gold Industry Concentration.</i></b> The gold industry can be significantly affected by international monetary and political developments such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries, as well as supply and demand for gold and operational costs associated with mining.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li><b><i>Subsidiary Risk.</i></b> Investment in Fidelity Select Gold Cayman Ltd., an unregistered subsidiary, is not subject to the investor protections of the Investment Company Act of 1940 (1940 Act) and is subject to the risks associated with the gold industry. Changes in tax and other laws could negatively affect investments in the subsidiary.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the 1940 Act, which means that it has the ability to 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>0.3525-0.1634-0.1243-0.5141-0.0851-0.17880.47280.0863-0.13000.3550~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007465_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~Highest Quarter Return0.41042016-03-31Lowest Quarter Return-0.37372013-06-30Year-to-Date Return-0.19072020-03-31<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" >41.04%</td><td align="right" valign="top">March 31, 2016</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-37.37%</td><td align="right" valign="top">June 30, 2013</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-19.07%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007465_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Gold Portfolio</b></font>0.35500.0914-0.0375<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Gold Portfolio</b></font>0.35410.0881-0.0422<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>Gold Portfolio</b></font>0.21150.0709-0.02610.31490.11700.13560.45040.1319-0.0252<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, 2019</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>Materials Portfolio</b>/Materials 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007469_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~0<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/OperatingExpensesS000007469_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~0.00530.000.00270.0080<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>82255444990~ http://www.proofPlus.com/role/ExpenseExampleS000007469_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 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>0.69<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 69% 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 manufacture, mining, processing, or distribution of raw materials and intermediate goods.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, mining, processing, or distribution of raw materials and intermediate goods.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Materials Industry Concentration.</i></b> The materials industries can be significantly affected by the level and volatility of commodity prices, the exchange value of the dollar, import and export controls, worldwide competition, liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.2809-0.08200.20170.2190-0.0006-0.08680.11990.2622-0.23650.1240~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007469_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~Highest Quarter Return0.20902010-12-31Lowest Quarter Return-0.25302011-09-30Year-to-Date Return-0.26302020-03-31<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" >20.90%</td><td align="right" valign="top">December 31, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-25.30%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-26.30%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007469_D0228SelectPortfoliosGroup8MaterialsSectorRetailComboPRO15 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Materials Portfolio</b></font>0.12400.02070.0667<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Materials Portfolio</b></font>0.12080.01070.0574<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>Materials Portfolio</b></font>0.07570.01590.05380.31490.11700.13560.23800.06700.0930<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, 2019</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>Telecommunications Portfolio</b>/Telecommunications 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007485_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 column period compact * ~0<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/OperatingExpensesS000007485_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 column period compact * ~0.00540.000.00290.0083<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>852654601025~ http://www.proofPlus.com/role/ExpenseExampleS000007485_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 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>0.58<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 58% 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 development, production, or distribution of telecommunications services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of telecommunications services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Telecom Services Industry Concentration.</i></b> The telecom services industry is subject to government regulation and can be significantly affected by intense competition and technology changes.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.1832-0.04240.18640.21520.03610.02310.22810.0169-0.08020.2040~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007485_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 column period compact * ~Highest Quarter Return0.17582010-09-30Lowest Quarter Return-0.16972011-09-30Year-to-Date Return-0.08132020-03-31<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" >17.58%</td><td align="right" valign="top">September 30, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-16.97%</td><td align="right" valign="top">September 30, 2011</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-8.13%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007485_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Telecommunications Portfolio</b></font>0.20400.07190.0913<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Telecommunications Portfolio</b></font>0.19460.05460.0800<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>Telecommunications Portfolio</b></font>0.12730.05400.07320.31490.11700.13560.12640.04110.0799<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, 2019</p><p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Wireless 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 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"></p>~ http://www.proofPlus.com/role/ShareholderFeesS000007489_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 column period compact * ~0<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/OperatingExpensesS000007489_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 column period compact * ~0.00540.000.00270.0081<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>832594501002~ http://www.proofPlus.com/role/ExpenseExampleS000007489_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 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>0.78<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 78% 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 activities relating to wireless communications services or products.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in activities relating to wireless communications services or products.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Wireless Industry Concentration.</i></b> The wireless industry can be significantly affected by failure or delays in obtaining financing or regulatory approval, intense competition, product incompatibility, changing consumer preferences, rapid obsolescence, significant capital expenditures, and heavy debt burdens.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>0.1517-0.00960.16300.28260.0298-0.03090.10070.2502-0.06210.4014~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007489_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 column period compact * ~Highest Quarter Return0.15882010-09-30Lowest Quarter Return-0.12622018-12-31Year-to-Date Return-0.13022020-03-31<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" >15.88%</td><td align="right" valign="top">September 30, 2010</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">-12.62%</td><td align="right" valign="top">December 31, 2018</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-13.02%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007489_D0228SelectPortfoliosGroup9TelecommunicationsServicesSectorRetailComboPRO13 column period compact * ~<font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Wireless Portfolio</b></font>0.40140.11880.1187<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Wireless Portfolio</b></font>0.39160.10010.1029<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>Wireless Portfolio</b></font>0.24310.08980.09390.31490.11700.13560.30890.09080.0896<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, 2019</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>Communication Services Portfolio</b>/Fidelity Advisor® Communication Services Fund A, M, C, I, Z</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. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section 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/ShareholderFeesS000007476_D0228SelectPortfoliosFidelityAdvisorCommunicationServicesFundAMCIZPRO03 column period compact * ~0.05750.03500.000.000.00<font style="FONT-FAMILY: Times New Roman" size="3">Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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 M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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>0.01000.000.00<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/OperatingExpensesS000007476_D0228SelectPortfoliosFidelityAdvisorCommunicationServicesFundAMCIZPRO03 column period compact * ~0.00540.00540.00540.00540.00540.00250.00500.01000.000.000.00280.00310.00320.00230.00110.01070.01350.01860.00770.0065<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>67867848348328918979796666896896763763585585246246208208113111311063106310061006428428362362180618061917191721802180954954810810~ http://www.proofPlus.com/role/ExpenseExampleS000007476_D0228SelectPortfoliosFidelityAdvisorCommunicationServicesFundAMCIZPRO03 column period compact * ~<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>~ http://www.proofPlus.com/role/ExpenseExampleNoRedemptionS000007476_D0228SelectPortfoliosFidelityAdvisorCommunicationServicesFundAMCIZPRO03 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>0.73<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 73% 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 development, production, or distribution of communication services.</font><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing primarily in common stocks.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of communication services.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><li style="padding-bottom: 10px;">Investing in domestic and foreign issuers.</li></ul><ul style="font: normal 11pt 'Times New Roman', serif; color: #000000;"><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 classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>Communication Services Concentration.</i></b> The communication services industries can be significantly affected by government regulation, intense competition, technology changes, general economic conditions, consumer and business confidence and spending, and changes in consumer and business preferences.</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. The value of securities of smaller issuers can be more volatile than that of larger issuers. </li></ul><p style="font: normal 11pt 'Times New Roman', serif; color: #000000;">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 performance of the fund's shares over the past 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 performance of the fund's shares over the past 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;">Prior to December 1, 2018, the fund was named Multimedia Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies.</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>0.3226~ http://www.proofPlus.com/role/AnnualTotalReturnsBarChartS000007476_D0228SelectPortfoliosFidelityAdvisorCommunicationServicesFundAMCIZPRO03 column period compact * ~Highest Quarter Return0.15442019-03-31Lowest Quarter Return0.00782019-09-30Year-to-Date Return-0.16802020-03-31<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" >15.44%</td><td align="right" valign="top">March 31, 2019</td></tr><tr><td align="left" valign="top">Lowest Quarter Return</td><td align="right" valign="top">0.78%</td><td align="right" valign="top">September 30, 2019</td></tr><tr><td align="left" valign="top">Year-to-Date Return</td><td align="right" valign="top">-16.80%</td><td align="right" valign="top">March 31, 2020</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/AverageAnnualTotalReturnsS000007476_D0228SelectPortfoliosFidelityAdvisorCommunicationServicesFundAMCIZPRO03 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>Communication Services Portfolio</b></font>0.24650.1426<font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communication Services Portfolio</b></font>0.15950.0504<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>Communication Services Portfolio</b></font>0.19700.1002<font style="FONT-FAMILY: Times New Roman" ><b>Class M - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communication Services Portfolio</b></font>0.27300.1646<font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communication Services Portfolio</b></font>0.30260.1973<font style="FONT-FAMILY: Times New Roman" ><b>Class I - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communication Services Portfolio</b></font>0.32660.2103<font style="FONT-FAMILY: Times New Roman" ><b>Class Z - Return Before Taxes</b></font><font style="FONT-FAMILY: Times New Roman" ><b>Communication Services Portfolio</b></font>0.32820.21180.31490.17980.27940.15992018-11-282018-11-282018-11-282018-11-282018-11-282018-11-282018-11-28<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, 2019</p>Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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.Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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.On Class C shares redeemed less than one year after purchase.From November 28, 2018Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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.Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses. For the period, acquired fund fees and expenses are less than 0.01% and are included in other expenses.Since inception October 2, 2018.On Class C shares redeemed less than one year after purchase.Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively. EX-101.PRE 6 tp4-20200515_pre.xml EX-101.PRE EX-101.LAB 7 tp4-20200515_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 Investment Company Type 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] Supplement to Prospectus [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 Money Market Fund Price Fluctuates [Text] Risk Money Market Fund May Impose Fees or Suspend Sales [Text] Risk Money Market Fund Sponsor May Not Provide Support [Text] Risk Money Market Fund May Not Preserve Dollar [Text] Risk Not Insured [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 Annual Return 2021 2021 Annual Return 2022 2022 Annual Return 2023 2023 Annual Return 2024 2024 Annual Return 2025 2025 Past 1 year 1 Year Past 5 years 5 Years Past 10 years 10 Years Past 15 years 15 Years 02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 02.28 Select Portfolios: Group 10 Utilities Sector PRO-08 02.28 Select Portfolios: Group 10 Utilities Sector PRO-08 02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 Consumer Staples Portfolio Consumer Staples Portfolio Consumer Staples Portfolio Gold Portfolio Gold Portfolio Gold Portfolio Materials Portfolio Materials Portfolio Materials Portfolio Telecommunications Portfolio Telecommunications Portfolio Telecommunications Portfolio Automotive Portfolio Automotive Portfolio Automotive Portfolio Communication Services Portfolio Communication Services Portfolio Communication Services Portfolio Construction and Housing Portfolio Construction and Housing Portfolio Construction and Housing Portfolio Consumer Discretionary Portfolio Consumer Discretionary Portfolio Consumer Discretionary Portfolio Leisure Portfolio Leisure Portfolio Leisure Portfolio Retailing Portfolio Retailing Portfolio Retailing Portfolio Utilities Portfolio Utilities Portfolio Utilities Portfolio Energy Portfolio Energy Portfolio Energy Portfolio Energy Service Portfolio Energy Service Portfolio Energy Service Portfolio Natural Gas Portfolio Natural Gas Portfolio Natural Gas Portfolio Natural Resources Portfolio Natural Resources Portfolio Natural Resources Portfolio Banking Portfolio Banking Portfolio Banking Portfolio Brokerage and Investment Management Portfolio Brokerage and Investment Management Portfolio Brokerage and Investment Management Portfolio Consumer Finance Portfolio Consumer Finance Portfolio Consumer Finance Portfolio Financial Services Portfolio Financial Services Portfolio Financial Services Portfolio Insurance Portfolio Insurance Portfolio Insurance Portfolio Biotechnology Portfolio Biotechnology Portfolio Biotechnology Portfolio Health Care Portfolio Health Care Portfolio Health Care Portfolio Health Care Services Portfolio Health Care Services Portfolio Health Care Services Portfolio Medical Technology and Devices Portfolio Medical Technology and Devices Portfolio Medical Technology and Devices Portfolio Pharmaceuticals Portfolio Pharmaceuticals Portfolio Pharmaceuticals Portfolio Air Transportation Portfolio Air Transportation Portfolio Air Transportation Portfolio Defense and Aerospace Portfolio Defense and Aerospace Portfolio Defense and Aerospace Portfolio Environment and Alternative Energy Portfolio Environment and Alternative Energy Portfolio Environment and Alternative Energy Portfolio Industrials Portfolio Industrials Portfolio Industrials Portfolio Transportation Portfolio Transportation Portfolio Transportation Portfolio Communications Equipment Portfolio Communications Equipment Portfolio Communications Equipment Portfolio Computers Portfolio Computers Portfolio Computers Portfolio IT Services Portfolio IT Services Portfolio IT Services Portfolio Semiconductors Portfolio Semiconductors Portfolio Semiconductors Portfolio Software and IT Services Portfolio Software and IT Services Portfolio Software and IT Services Portfolio Technology Portfolio Technology Portfolio Technology Portfolio Chemicals Portfolio Chemicals Portfolio Chemicals Portfolio Wireless Portfolio Wireless Portfolio Wireless Portfolio Consumer Staples Portfolio Fidelity Advisor Consumer Staples Fund: Class A Fidelity Advisor Consumer Staples Fund: Class A Fidelity Advisor Consumer Staples Fund: Class A Consumer Staples Portfolio Fidelity Advisor Consumer Staples Fund: Class M Fidelity Advisor Consumer Staples Fund: Class M Fidelity Advisor Consumer Staples Fund: Class M Consumer Staples Portfolio Fidelity Advisor Consumer Staples Fund: Class C Fidelity Advisor Consumer Staples Fund: Class C Fidelity Advisor Consumer Staples Fund: Class C Consumer Staples Portfolio Fidelity Advisor Consumer Staples Fund: Class I Fidelity Advisor Consumer Staples Fund: Class I Fidelity Advisor Consumer Staples Fund: Class I Consumer Staples Portfolio Fidelity Advisor Consumer Staples Fund: Class Z Fidelity Advisor Consumer Staples Fund: Class Z Fidelity Advisor Consumer Staples Fund: Class Z Gold Portfolio Fidelity Advisor Gold Fund: Class A Fidelity Advisor Gold Fund: Class A Fidelity Advisor Gold Fund: Class A Gold Portfolio Fidelity Advisor Gold Fund: Class M Fidelity Advisor Gold Fund: Class M Fidelity Advisor Gold Fund: Class M Gold Portfolio Fidelity Advisor Gold Fund: Class C Fidelity Advisor Gold Fund: Class C Fidelity Advisor Gold Fund: Class C Gold Portfolio Fidelity Advisor Gold Fund: Class I Fidelity Advisor Gold Fund: Class I Fidelity Advisor Gold Fund: Class I Gold Portfolio Fidelity Advisor Gold Fund: Class Z Fidelity Advisor Gold Fund: Class Z Fidelity Advisor Gold Fund: Class Z Materials Portfolio Fidelity Advisor Materials Fund: Class A Fidelity Advisor Materials Fund: Class A Fidelity Advisor Materials Fund: Class A Materials Portfolio Fidelity Advisor Materials Fund: Class M Fidelity Advisor Materials Fund: Class M Fidelity Advisor Materials Fund: Class M Materials Portfolio Fidelity Advisor Materials Fund: Class C Fidelity Advisor Materials Fund: Class C Fidelity Advisor Materials Fund: Class C Materials Portfolio Fidelity Advisor Materials Fund: Class I Fidelity Advisor Materials Fund: Class I Fidelity Advisor Materials Fund: Class I Materials Portfolio Fidelity Advisor Materials Fund: Class Z Fidelity Advisor Materials Fund: Class Z Fidelity Advisor Materials Fund: Class Z Telecommunications Portfolio Fidelity Advisor Telecommunications Fund: Class A Fidelity Advisor Telecommunications Fund: Class A Fidelity Advisor Telecommunications Fund: Class A Telecommunications Portfolio Fidelity Advisor Telecommunications Fund: Class M Fidelity Advisor Telecommunications Fund: Class M Fidelity Advisor Telecommunications Fund: Class M Telecommunications Portfolio Fidelity Advisor Telecommunications Fund: Class C Fidelity Advisor Telecommunications Fund: Class C Fidelity Advisor Telecommunications Fund: Class C Telecommunications Portfolio Fidelity Advisor Telecommunications Fund: Class I Fidelity Advisor Telecommunications Fund: Class I Fidelity Advisor Telecommunications Fund: Class I Telecommunications Portfolio Fidelity Advisor Telecommunications Fund: Class Z Fidelity Advisor Telecommunications Fund: Class Z Fidelity Advisor Telecommunications Fund: Class Z Automotive Portfolio Automotive Portfolio-Default Automotive Portfolio-Default Automotive Portfolio-Default Communication Services Portfolio Communication Services Portfolio Communication Services Portfolio Communication Services Portfolio Construction and Housing Portfolio Construction and Housing Portfolio-Default Construction and Housing Portfolio-Default Construction and Housing Portfolio-Default Consumer Discretionary Portfolio Consumer Discretionary Portfolio-Default Consumer Discretionary Portfolio-Default Consumer Discretionary Portfolio-Default Leisure Portfolio Leisure Portfolio-Default Leisure Portfolio-Default Leisure Portfolio-Default Retailing Portfolio Retailing Portfolio-Default Retailing Portfolio-Default Retailing Portfolio-Default Utilities Portfolio Utilities Portfolio-Default Utilities Portfolio-Default Utilities Portfolio-Default Consumer Staples Portfolio Consumer Staples Portfolio Consumer Staples Portfolio Consumer Staples Portfolio Energy Portfolio Energy Portfolio-Default Energy Portfolio-Default Energy Portfolio-Default Energy Service Portfolio Energy Service Portfolio-Default Energy Service Portfolio-Default Energy Service Portfolio-Default Natural Gas Portfolio Natural Gas Portfolio-Default Natural Gas Portfolio-Default Natural Gas Portfolio-Default Natural Resources Portfolio Natural Resources Portfolio-Default Natural Resources Portfolio-Default Natural Resources Portfolio-Default Banking Portfolio Banking Portfolio-Default Banking Portfolio-Default Banking Portfolio-Default Brokerage and Investment Management Portfolio Brokerage and Investment Management Portfolio-Default Brokerage and Investment Management Portfolio-Default Brokerage and Investment Management Portfolio-Default Consumer Finance Portfolio Consumer Finance Portfolio-Default Consumer Finance Portfolio-Default Consumer Finance Portfolio-Default Financial Services Portfolio Financial Services Portfolio-Default Financial Services Portfolio-Default Financial Services Portfolio-Default Insurance Portfolio Insurance Portfolio-Default Insurance Portfolio-Default Insurance Portfolio-Default Biotechnology Portfolio Biotechnology Portfolio-Default Biotechnology Portfolio-Default Biotechnology Portfolio-Default Health Care Portfolio Health Care Portfolio-Default Health Care Portfolio-Default Health Care Portfolio-Default Health Care Services Portfolio Health Care Services Portfolio-Default Health Care Services Portfolio-Default Health Care Services Portfolio-Default Medical Technology and Devices Portfolio Medical Technology and Devices Portfolio-Default Medical Technology and Devices Portfolio-Default Medical Technology and Devices Portfolio-Default Pharmaceuticals Portfolio Pharmaceuticals Portfolio-Default Pharmaceuticals Portfolio-Default Pharmaceuticals Portfolio-Default Air Transportation Portfolio Air Transportation Portfolio-Default Air Transportation Portfolio-Default Air Transportation Portfolio-Default Defense and Aerospace Portfolio Defense and Aerospace Portfolio-Default Defense and Aerospace Portfolio-Default Defense and Aerospace Portfolio-Default Environment and Alternative Energy Portfolio Environment and Alternative Energy Portfolio-Default Environment and Alternative Energy Portfolio-Default Environment and Alternative Energy Portfolio-Default Industrials Portfolio Industrials Portfolio-Default Industrials Portfolio-Default Industrials Portfolio-Default Transportation Portfolio Transportation Portfolio-Default Transportation Portfolio-Default Transportation Portfolio-Default Communications Equipment Portfolio Communications Equipment Portfolio-Default Communications Equipment Portfolio-Default Communications Equipment Portfolio-Default Computers Portfolio Computers Portfolio-Default Computers Portfolio-Default Computers Portfolio-Default IT Services Portfolio IT Services Portfolio-Default IT Services Portfolio-Default IT Services Portfolio-Default Semiconductors Portfolio Semiconductors Portfolio-Default Semiconductors Portfolio-Default Semiconductors Portfolio-Default Software and IT Services Portfolio Software and IT Services Portfolio-Default Software and IT Services Portfolio-Default Software and IT Services Portfolio-Default Technology Portfolio Technology Portfolio-Default Technology Portfolio-Default Technology Portfolio-Default Chemicals Portfolio Chemicals Portfolio-Default Chemicals Portfolio-Default Chemicals Portfolio-Default Gold Portfolio Gold Portfolio Gold Portfolio Gold Portfolio Materials Portfolio Materials Portfolio Materials Portfolio Materials Portfolio Telecommunications Portfolio Telecommunications Portfolio Telecommunications Portfolio Telecommunications Portfolio Wireless Portfolio Wireless Portfolio-Default Wireless Portfolio-Default Wireless Portfolio-Default Communication Services Portfolio Fidelity Advisor Communication Services Fund Class A Fidelity Advisor Communication Services Fund Class A Fidelity Advisor Communication Services Fund Class A Communication Services Portfolio Fidelity Advisor Communication Services Fund Class M Fidelity Advisor Communication Services Fund Class M Fidelity Advisor Communication Services Fund Class M Communication Services Portfolio Fidelity Advisor Communication Services Fund Class C Fidelity Advisor Communication Services Fund Class C Fidelity Advisor Communication Services Fund Class C Communication Services Portfolio Fidelity Advisor Communication Services Fund Class I Fidelity Advisor Communication Services Fund Class I Fidelity Advisor Communication Services Fund Class I Communication Services Portfolio Fidelity Advisor Communication Services Fund Class Z Fidelity Advisor Communication Services Fund Class Z Fidelity Advisor Communication Services Fund Class Z 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) MSCI U.S. IMI Consumer Staples 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Consumer Staples 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Consumer Staples 25-50 Index(reflects no deduction for fees, expenses, or taxes) S&P® Global BMI Gold Capped 20/45 Linked Index(reflects no deduction for fees, expenses, or taxes) S&P® Global BMI Gold Capped 20/45 Linked Index(reflects no deduction for fees, expenses, or taxes) S&P® Global BMI Gold Capped 20/45 Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Materials 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Materials 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Materials 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IM Telecommunication Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IM Telecommunication Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IM Telecommunication Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) FactSet Automotive Linked Index(reflects no deduction for fees, expenses, or taxes) FactSet Automotive Linked Index(reflects no deduction for fees, expenses, or taxes) FactSet Automotive Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Communication Services 25-50 (Media Linked) Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Communication Services 25-50 (Media Linked) Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Communication Services 25-50 (Media Linked) Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Construction & Housing 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Construction & Housing 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Construction & Housing 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Consumer Discretionary 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Consumer Discretionary 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Consumer Discretionary 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Consumer Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Consumer Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Consumer Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Retailing 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Retailing 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Retailing 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Utilities 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Utilities 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Utilities 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Energy 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Energy 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Energy 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Energy Equipment & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Energy Equipment & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Energy Equipment & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) FactSet Natural Gas Linked Index(reflects no deduction for fees, expenses, or taxes) FactSet Natural Gas Linked Index(reflects no deduction for fees, expenses, or taxes) FactSet Natural Gas Linked Index(reflects no deduction for fees, expenses, or taxes) S&P® North American Natural Resources Sector Index(reflects no deduction for fees, expenses, or taxes) S&P® North American Natural Resources Sector Index(reflects no deduction for fees, expenses, or taxes) S&P® North American Natural Resources Sector Index(reflects no deduction for fees, expenses, or taxes) MSCI US IMI Banks 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI US IMI Banks 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI US IMI Banks 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Capital Markets 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Capital Markets 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Capital Markets 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) S&P® Consumer Finance Index(reflects no deduction for fees, expenses, or taxes) S&P® Consumer Finance Index(reflects no deduction for fees, expenses, or taxes) S&P® Consumer Finance Index(reflects no deduction for fees, expenses, or taxes) MSCI US IMI Financials 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI US IMI Financials 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI US IMI Financials 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Insurance 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Insurance 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Insurance 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Biotechnology 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Biotechnology 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Biotechnology 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Health Care 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Health Care 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Health Care 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Health Care Providers & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Health Care Providers & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Health Care Providers & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Custom Health Care Technology and Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Custom Health Care Technology and Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Custom Health Care Technology and Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI North America IMI + ADR Custom Pharmaceuticals 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI North America IMI + ADR Custom Pharmaceuticals 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI North America IMI + ADR Custom Pharmaceuticals 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) Nasdaq North America Air Transportation Linked Index(reflects no deduction for fees, expenses, or taxes) Nasdaq North America Air Transportation Linked Index(reflects no deduction for fees, expenses, or taxes) Nasdaq North America Air Transportation Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Aerospace & Defense 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Aerospace & Defense 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Aerospace & Defense 25-50 Index(reflects no deduction for fees, expenses, or taxes) FTSE® Environmental Opportunities & Alternative Energy Index(reflects no deduction for fees, expenses, or taxes) FTSE® Environmental Opportunities & Alternative Energy Index(reflects no deduction for fees, expenses, or taxes) FTSE® Environmental Opportunities & Alternative Energy Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Industrials 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Industrials 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Industrials 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Transportation 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Transportation 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Transportation 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI North America IMI + ADR Custom Communications Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI North America IMI + ADR Custom Communications Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI North America IMI + ADR Custom Communications Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) FactSet Computers & Peripherals Linked Index(reflects no deduction for fees, expenses, or taxes) FactSet Computers & Peripherals Linked Index(reflects no deduction for fees, expenses, or taxes) FactSet Computers & Peripherals Linked Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Information Technology Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Information Technology Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Information Technology Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Semiconductors & Semiconductor Equipment 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Semiconductors & Semiconductor Equipment 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Semiconductors & Semiconductor Equipment 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Software & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Software & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Software & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Information Technology 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Information Technology 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Information Technology 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Chemicals 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Chemicals 25-50 Index(reflects no deduction for fees, expenses, or taxes) MSCI U.S. IMI Chemicals 25-50 Index(reflects no deduction for fees, expenses, or taxes) Fidelity Wireless Index℠(reflects no deduction for fees, expenses, or taxes) Fidelity Wireless Index℠(reflects no deduction for fees, expenses, or taxes) Fidelity Wireless 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 proceeds) Management fee Management fee Distribution and/or Service (12b-1) fees Distribution and/or Service (12b-1) fees Other expenses Other expenses Total annual operating expenses Total annual operating expenses Return Before Taxes Return Before Taxes (fees paid directly from your investment) (fees paid directly from your investment) After Taxes on Distributions After Taxes on Distributions and Sales FeeWaiverOrReimbursementOverAssets FeeWaiverOrReimbursementOverAssets RedemptionFee RedemptionFee RedemptionFeeOverRedemption RedemptionFeeOverRedemption EX-101.CAL 8 tp4-20200515_cal.xml EX-101.CAL XML 9 R308.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
Document Creation Date dei_DocumentCreationDate Apr. 24, 2020
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Leisure Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Leisure Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 53% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 53.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 design, production, or distribution of goods or services in the leisure industries.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the design, production, or distribution of goods or services in the leisure industries.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Leisure Industry Concentration. The leisure industry can be significantly affected by the performance of the overall economy, changing consumer tastes, intense competition, and government regulation.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return15.87%March 31, 2012
Lowest Quarter Return-14.08%September 30, 2011
Year-to-Date Return-32.67%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Leisure Portfolio | Leisure Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.22%
Total annual operating expenses rr_ExpensesOverAssets 0.76%
1 year rr_ExpenseExampleYear01 $ 78
3 years rr_ExpenseExampleYear03 243
5 years rr_ExpenseExampleYear05 422
10 years rr_ExpenseExampleYear10 $ 942
2010 rr_AnnualReturn2010 37.88%
2011 rr_AnnualReturn2011 5.85%
2012 rr_AnnualReturn2012 11.40%
2013 rr_AnnualReturn2013 41.72%
2014 rr_AnnualReturn2014 8.33%
2015 rr_AnnualReturn2015 3.32%
2016 rr_AnnualReturn2016 6.35%
2017 rr_AnnualReturn2017 29.05%
2018 rr_AnnualReturn2018 (7.15%)
2019 rr_AnnualReturn2019 28.76%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (32.67%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.87%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (14.08%)
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Leisure Portfolio | Return Before Taxes | Leisure Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Leisure Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 28.76%
Past 5 years rr_AverageAnnualReturnYear05 11.13%
Past 10 years rr_AverageAnnualReturnYear10 15.52%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Leisure Portfolio | After Taxes on Distributions | Leisure Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Leisure Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 26.90%
Past 5 years rr_AverageAnnualReturnYear05 9.28%
Past 10 years rr_AverageAnnualReturnYear10 13.96%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Leisure Portfolio | After Taxes on Distributions and Sales | Leisure Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Leisure Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 18.34%
Past 5 years rr_AverageAnnualReturnYear05 8.59%
Past 10 years rr_AverageAnnualReturnYear10 12.79%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Leisure Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Leisure Portfolio | MSCI U.S. IMI Consumer Services 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 28.29%
Past 5 years rr_AverageAnnualReturnYear05 13.77%
Past 10 years rr_AverageAnnualReturnYear10 15.96%
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Total
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Insurance Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Insurance Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Insurance Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Insurance Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Insurance Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Insurance Portfolio
Insurance Portfolio-Default
Management fee 0.53%
Distribution and/or Service (12b-1) fees none
Other expenses 0.28%
Total annual operating expenses 0.81%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Insurance Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Insurance Portfolio
Insurance Portfolio-Default
USD ($)
1 year $ 83
3 years 259
5 years 450
10 years $ 1,002
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 28% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in underwriting, reinsuring, selling, distributing, or placing of property and casualty, life, or health insurance.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Insurance Industry Concentration. The insurance industry is subject to extensive government regulation and can be significantly affected by interest rates, general economic conditions, and price and marketing competition. Different segments of the industry can be significantly affected by natural disasters, mortality and morbidity rates, and environmental clean-up.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return14.69%March 31, 2013
Lowest Quarter Return-17.60%September 30, 2011
Year-to-Date Return-29.18%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Insurance Portfolio} - 02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 - Insurance Portfolio
Past 1 year
Past 5 years
Past 10 years
Insurance Portfolio-Default | Return Before Taxes 30.03% 10.24% 13.37%
Insurance Portfolio-Default | After Taxes on Distributions 27.86% 7.60% 11.36%
Insurance Portfolio-Default | After Taxes on Distributions and Sales 19.13% 7.74% 10.75%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Insurance 25-50 Index(reflects no deduction for fees, expenses, or taxes) 28.44% 10.78% 13.45%
XML 14 R223.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Communications Equipment Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Communications Equipment Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Communications Equipment Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
Communications Equipment Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Communications Equipment Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
Communications Equipment Portfolio
Communications Equipment Portfolio-Default
Management fee 0.53%
Distribution and/or Service (12b-1) fees none
Other expenses 0.30%
Total annual operating expenses 0.83%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Communications Equipment Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
Communications Equipment Portfolio
Communications Equipment Portfolio-Default
USD ($)
1 year $ 85
3 years 265
5 years 460
10 years $ 1,025
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 108% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the development, manufacture, or sale of communications equipment.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Communications Equipment Industry Concentration. The communications equipment industry can be significantly affected by failure to obtain, or delays in obtaining, financing or regulatory approval, intense competition, product compatibility, consumer preferences, corporate capital expenditures, and rapid obsolescence.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.
  • High Portfolio Turnover. High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return20.01%September 30, 2010
Lowest Quarter Return-25.14%September 30, 2011
Year-to-Date Return-19.79%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Communications Equipment Portfolio} - 02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 - Communications Equipment Portfolio
Past 1 year
Past 5 years
Past 10 years
Communications Equipment Portfolio-Default | Return Before Taxes 6.09% 5.81% 8.22%
Communications Equipment Portfolio-Default | After Taxes on Distributions 4.85% 4.82% 7.47%
Communications Equipment Portfolio-Default | After Taxes on Distributions and Sales 4.57% 4.42% 6.55%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI North America IMI + ADR Custom Communications Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) 6.09% 5.32% 6.46%
XML 15 R90.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Energy Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Energy Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Energy Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Energy Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Energy Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Energy Portfolio
Energy Portfolio-Default
Management fee 0.53%
Distribution and/or Service (12b-1) fees none
Other expenses 0.28%
Total annual operating expenses 0.81%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Energy Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Energy Portfolio
Energy Portfolio-Default
USD ($)
1 year $ 83
3 years 259
5 years 450
10 years $ 1,002
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 79% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the energy field, including the conventional areas of oil, gas, electricity, and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Energy Industry Concentration. The energy industries can be significantly affected by fluctuations in energy prices and supply and demand of energy fuels, energy conservation, the success of exploration projects, and tax and other government regulations.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return24.43%December 31, 2010
Lowest Quarter Return-30.22%December 31, 2018
Year-to-Date Return-52.25%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Energy Portfolio} - 02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 - Energy Portfolio
Past 1 year
Past 5 years
Past 10 years
Energy Portfolio-Default | Return Before Taxes 9.88% (3.10%) 0.94%
Energy Portfolio-Default | After Taxes on Distributions 9.40% (3.42%) 0.22%
Energy Portfolio-Default | After Taxes on Distributions and Sales 6.19% (2.32%) 0.84%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Energy 25-50 Index(reflects no deduction for fees, expenses, or taxes) 9.42% (3.13%) 2.29%
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Total
02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 | Communication Services Portfolio
<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>Communication Services Portfolio</b>/Fidelity Advisor® Communication Services Fund A, M, C, I, Z</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

<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>
Shareholder Fees {- Communication Services Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 - Communication Services Portfolio
Fidelity Advisor Communication Services Fund Class A
Fidelity Advisor Communication Services Fund Class M
Fidelity Advisor Communication Services Fund Class C
Fidelity Advisor Communication Services Fund Class I
Fidelity Advisor Communication Services Fund Class Z
Maximum sales charge (load) on purchases (as a % of offering price) 5.75% 3.50% none 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 none
[1] Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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.
<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>
Annual Operating Expenses {- Communication Services Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 - Communication Services Portfolio
Fidelity Advisor Communication Services Fund Class A
Fidelity Advisor Communication Services Fund Class M
Fidelity Advisor Communication Services Fund Class C
Fidelity Advisor Communication Services Fund Class I
Fidelity Advisor Communication Services Fund Class Z
Management fee 0.54% 0.54% 0.54% 0.54% 0.54%
Distribution and/or Service (12b-1) fees 0.25% 0.50% 1.00% none none
Other expenses 0.28% 0.31% 0.32% 0.23% 0.11%
Total annual operating expenses 1.07% 1.35% 1.86% 0.77% 0.65%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Communication Services Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 - Communication Services Portfolio - USD ($)
Fidelity Advisor Communication Services Fund Class A
Fidelity Advisor Communication Services Fund Class M
Fidelity Advisor Communication Services Fund Class C
Fidelity Advisor Communication Services Fund Class I
Fidelity Advisor Communication Services Fund Class Z
1 year $ 678 $ 483 $ 289 $ 79 $ 66
3 years 896 763 585 246 208
5 years 1,131 1,063 1,006 428 362
10 years $ 1,806 $ 1,917 $ 2,180 $ 954 $ 810
<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Hold Shares</p>
Expense Example, No Redemption {- Communication Services Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 - Communication Services Portfolio - USD ($)
Fidelity Advisor Communication Services Fund Class A
Fidelity Advisor Communication Services Fund Class M
Fidelity Advisor Communication Services Fund Class C
Fidelity Advisor Communication Services Fund Class I
Fidelity Advisor Communication Services Fund Class Z
1 Year $ 678 $ 483 $ 189 $ 79 $ 66
3 Years 896 763 585 246 208
5 Years 1,131 1,063 1,006 428 362
10 Years $ 1,806 $ 1,917 $ 2,180 $ 954 $ 810
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 73% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of communication services.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Communication Services Concentration. The communication services industries can be significantly affected by government regulation, intense competition, technology changes, general economic conditions, consumer and business confidence and spending, and changes in consumer and business preferences.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

The following information is intended to help you understand the risks of investing in the fund. The information illustrates the performance of the fund's shares over the past 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.

Prior to December 1, 2018, the fund was named Multimedia Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies.

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.

<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>
Bar Chart
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return15.44%March 31, 2019
Lowest Quarter Return0.78%September 30, 2019
Year-to-Date Return-16.80%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Communication Services Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 - Communication Services Portfolio
Past 1 year
Since Inception
[1]
Inception Date
Fidelity Advisor Communication Services Fund Class A     Nov. 28, 2018
Fidelity Advisor Communication Services Fund Class A | Return Before Taxes 24.65% 14.26%  
Fidelity Advisor Communication Services Fund Class A | After Taxes on Distributions 15.95% 5.04% Nov. 28, 2018
Fidelity Advisor Communication Services Fund Class A | After Taxes on Distributions and Sales 19.70% 10.02% Nov. 28, 2018
Fidelity Advisor Communication Services Fund Class M     Nov. 28, 2018
Fidelity Advisor Communication Services Fund Class M | Return Before Taxes 27.30% 16.46%  
Fidelity Advisor Communication Services Fund Class C     Nov. 28, 2018
Fidelity Advisor Communication Services Fund Class C | Return Before Taxes 30.26% 19.73%  
Fidelity Advisor Communication Services Fund Class I     Nov. 28, 2018
Fidelity Advisor Communication Services Fund Class I | Return Before Taxes 32.66% 21.03%  
Fidelity Advisor Communication Services Fund Class Z     Nov. 28, 2018
Fidelity Advisor Communication Services Fund Class Z | Return Before Taxes 32.82% 21.18%  
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 17.98%  
MSCI U.S. IMI Communication Services 25-50 (Media Linked) Index(reflects no deduction for fees, expenses, or taxes) 27.94% 15.99%  
[1] From November 28, 2018
02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 | Communication Services Portfolio | Fidelity Advisor Communication Services Fund Class A
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 | Communication Services Portfolio | Fidelity Advisor Communication Services Fund Class M
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Communication Services Fund - AMCIZ PRO-03 | Communication Services Portfolio | Fidelity Advisor Communication Services Fund Class C
On Class C shares redeemed less than one year after purchase.

XML 18 R208.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Environment and Alternative Energy Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Environment and Alternative Energy Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 49% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 49.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Environment and Alternative Energy Industry Concentration. The environment and alternative energy industries can be significantly affected by government regulations and subsidies, changing supply and demand for traditional energy sources, and availability of funding for remedial cleanup or development of new technologies, and can be subject to risks associated with hazardous materials.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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. Prior to July 1, 2010, the fund was named Environmental Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. 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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return15.66%March 31, 2019
Lowest Quarter Return-25.92%September 30, 2011
Year-to-Date Return-26.22%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Environment and Alternative Energy Portfolio | Environment and Alternative Energy Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.31%
Total annual operating expenses rr_ExpensesOverAssets 0.85%
1 year rr_ExpenseExampleYear01 $ 87
3 years rr_ExpenseExampleYear03 271
5 years rr_ExpenseExampleYear05 471
10 years rr_ExpenseExampleYear10 $ 1,049
2010 rr_AnnualReturn2010 14.93%
2011 rr_AnnualReturn2011 (14.30%)
2012 rr_AnnualReturn2012 14.15%
2013 rr_AnnualReturn2013 34.99%
2014 rr_AnnualReturn2014 1.86%
2015 rr_AnnualReturn2015 (4.59%)
2016 rr_AnnualReturn2016 20.72%
2017 rr_AnnualReturn2017 25.25%
2018 rr_AnnualReturn2018 (13.43%)
2019 rr_AnnualReturn2019 26.83%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (26.22%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2019
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.66%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (25.92%)
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Environment and Alternative Energy Portfolio | Return Before Taxes | Environment and Alternative Energy Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Environment and Alternative Energy Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 26.83%
Past 5 years rr_AverageAnnualReturnYear05 9.64%
Past 10 years rr_AverageAnnualReturnYear10 9.37%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Environment and Alternative Energy Portfolio | After Taxes on Distributions | Environment and Alternative Energy Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Environment and Alternative Energy Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 26.17%
Past 5 years rr_AverageAnnualReturnYear05 8.62%
Past 10 years rr_AverageAnnualReturnYear10 8.48%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Environment and Alternative Energy Portfolio | After Taxes on Distributions and Sales | Environment and Alternative Energy Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Environment and Alternative Energy Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 16.33%
Past 5 years rr_AverageAnnualReturnYear05 7.44%
Past 10 years rr_AverageAnnualReturnYear10 7.50%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Environment and Alternative Energy Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Environment and Alternative Energy Portfolio | FTSE® Environmental Opportunities & Alternative Energy Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 33.55%
Past 5 years rr_AverageAnnualReturnYear05 11.50%
Past 10 years rr_AverageAnnualReturnYear10 11.88%
XML 19 R195.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Defense and Aerospace Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Defense and Aerospace Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Defense and Aerospace Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Defense and Aerospace Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Defense and Aerospace Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Defense and Aerospace Portfolio
Defense and Aerospace Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.21%
Total annual operating expenses 0.75%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Defense and Aerospace Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Defense and Aerospace Portfolio
Defense and Aerospace Portfolio-Default
USD ($)
1 year $ 77
3 years 240
5 years 417
10 years $ 930
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 40% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the research, manufacture, or sale of products or services related to the defense or aerospace industries.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Defense and Aerospace Industry Concentration. The defense and aerospace industry can be significantly affected by government defense and aerospace regulation and spending policies.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return17.20%March 31, 2019
Lowest Quarter Return-19.70%December 31, 2018
Year-to-Date Return-32.77%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Defense and Aerospace Portfolio} - 02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 - Defense and Aerospace Portfolio
Past 1 year
Past 5 years
Past 10 years
Defense and Aerospace Portfolio-Default | Return Before Taxes 33.74% 15.37% 16.56%
Defense and Aerospace Portfolio-Default | After Taxes on Distributions 32.93% 13.88% 15.41%
Defense and Aerospace Portfolio-Default | After Taxes on Distributions and Sales 20.56% 12.04% 13.77%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Aerospace & Defense 25-50 Index(reflects no deduction for fees, expenses, or taxes) 34.05% 17.53% 18.79%
XML 20 R47.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Communication Services Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <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>Communication Services Portfolio</b>/Communication Services Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 73% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 73.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 development, production, or distribution of communication services.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of communication services.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Communication Services Concentration. The communication services industries can be significantly affected by government regulation, intense competition, technology changes, general economic conditions, consumer and business confidence and spending, and changes in consumer and business preferences.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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. Prior to December 1, 2018, the fund was named Multimedia Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. 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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return16.03%March 31, 2012
Lowest Quarter Return-20.43%September 30, 2011
Year-to-Date Return-16.73%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Communication Services Portfolio | Communication Services Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.24%
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
2010 rr_AnnualReturn2010 25.80%
2011 rr_AnnualReturn2011 1.83%
2012 rr_AnnualReturn2012 34.22%
2013 rr_AnnualReturn2013 45.65%
2014 rr_AnnualReturn2014 8.29%
2015 rr_AnnualReturn2015 (2.17%)
2016 rr_AnnualReturn2016 9.50%
2017 rr_AnnualReturn2017 12.59%
2018 rr_AnnualReturn2018 (3.27%)
2019 rr_AnnualReturn2019 32.62%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (16.73%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 16.03%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (20.43%)
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Communication Services Portfolio | Return Before Taxes | Communication Services Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Communication Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 32.62%
Past 5 years rr_AverageAnnualReturnYear05 9.12%
Past 10 years rr_AverageAnnualReturnYear10 15.42%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Communication Services Portfolio | After Taxes on Distributions | Communication Services Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Communication Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 23.35%
Past 5 years rr_AverageAnnualReturnYear05 5.87%
Past 10 years rr_AverageAnnualReturnYear10 13.32%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Communication Services Portfolio | After Taxes on Distributions and Sales | Communication Services Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Communication Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 24.71%
Past 5 years rr_AverageAnnualReturnYear05 6.72%
Past 10 years rr_AverageAnnualReturnYear10 12.69%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Communication Services Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Communication Services Portfolio | MSCI U.S. IMI Communication Services 25-50 (Media Linked) Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 27.94%
Past 5 years rr_AverageAnnualReturnYear05 7.41%
Past 10 years rr_AverageAnnualReturnYear10 16.02%
XML 21 R26.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio
<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>Telecommunications Portfolio</b>/Fidelity Advisor® Telecommunications Fund A, M, C, I, Z</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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 27 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

<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>
Shareholder Fees {- Telecommunications Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 - Telecommunications Portfolio
Fidelity Advisor Telecommunications Fund: Class A
Fidelity Advisor Telecommunications Fund: Class M
Fidelity Advisor Telecommunications Fund: Class C
Fidelity Advisor Telecommunications Fund: Class I
Fidelity Advisor Telecommunications Fund: Class Z
Maximum sales charge (load) on purchases (as a % of offering price) 5.75% 3.50% none 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 none
[1] Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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.
<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>
Annual Operating Expenses {- Telecommunications Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 - Telecommunications Portfolio
Fidelity Advisor Telecommunications Fund: Class A
Fidelity Advisor Telecommunications Fund: Class M
Fidelity Advisor Telecommunications Fund: Class C
Fidelity Advisor Telecommunications Fund: Class I
Fidelity Advisor Telecommunications Fund: Class Z
Management fee 0.54% 0.54% 0.54% 0.54% 0.54%
Distribution and/or Service (12b-1) fees 0.25% 0.50% 1.00% none none
Other expenses 0.39% 0.42% 0.34% 0.34% 0.14%
Total annual operating expenses 1.18% 1.46% 1.88% 0.88% 0.68%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Telecommunications Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 - Telecommunications Portfolio - USD ($)
Fidelity Advisor Telecommunications Fund: Class A
Fidelity Advisor Telecommunications Fund: Class M
Fidelity Advisor Telecommunications Fund: Class C
Fidelity Advisor Telecommunications Fund: Class I
Fidelity Advisor Telecommunications Fund: Class Z
1 year $ 688 $ 493 $ 291 $ 90 $ 69
3 years 928 796 591 281 218
5 years 1,187 1,120 1,016 488 379
10 years $ 1,924 $ 2,035 $ 2,201 $ 1,084 $ 847
<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Hold Shares</p>
Expense Example, No Redemption {- Telecommunications Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 - Telecommunications Portfolio - USD ($)
Fidelity Advisor Telecommunications Fund: Class A
Fidelity Advisor Telecommunications Fund: Class M
Fidelity Advisor Telecommunications Fund: Class C
Fidelity Advisor Telecommunications Fund: Class I
Fidelity Advisor Telecommunications Fund: Class Z
1 Year $ 688 $ 493 $ 191 $ 90 $ 69
3 Years 928 796 591 281 218
5 Years 1,187 1,120 1,016 488 379
10 Years $ 1,924 $ 2,035 $ 2,201 $ 1,084 $ 847
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 58% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of telecommunications services.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Telecom Services Industry Concentration. The telecom services industry is subject to government regulation and can be significantly affected by intense competition and technology changes.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return17.53%September 30, 2010
Lowest Quarter Return-17.05%September 30, 2011
Year-to-Date Return-8.20%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Telecommunications Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 - Telecommunications Portfolio
Past 1 year
Past 5 years
Past 10 years
Since Inception
[1]
Inception Date
Fidelity Advisor Telecommunications Fund: Class A | Return Before Taxes 13.07% 5.57% 8.13%    
Fidelity Advisor Telecommunications Fund: Class A | After Taxes on Distributions 12.28% 3.95% 7.09%    
Fidelity Advisor Telecommunications Fund: Class A | After Taxes on Distributions and Sales 8.29% 4.13% 6.49%    
Fidelity Advisor Telecommunications Fund: Class M | Return Before Taxes 15.44% 5.73% 8.05%    
Fidelity Advisor Telecommunications Fund: Class C | Return Before Taxes 18.14% 6.06% 7.99%    
Fidelity Advisor Telecommunications Fund: Class I | Return Before Taxes 20.33% 7.17% 9.11%    
Fidelity Advisor Telecommunications Fund: Class Z | Return Before Taxes 20.58%   4.31% Oct. 02, 2018
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%    
MSCI U.S. IM Telecommunication Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) 12.64% 4.11% 7.99%    
[1] Since inception October 2, 2018.
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Fidelity Advisor Telecommunications Fund: Class A
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Fidelity Advisor Telecommunications Fund: Class M
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Fidelity Advisor Telecommunications Fund: Class C
On Class C shares redeemed less than one year after purchase.
XML 22 R265.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Chemicals Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Chemicals Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Chemicals Portfolio}
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15
Chemicals Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Chemicals Portfolio}
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15
Chemicals Portfolio
Chemicals Portfolio-Default
Management fee 0.53%
Distribution and/or Service (12b-1) fees none
Other expenses 0.25%
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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Chemicals Portfolio}
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15
Chemicals Portfolio
Chemicals Portfolio-Default
USD ($)
1 year $ 80
3 years 249
5 years 433
10 years $ 966
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 77% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, or marketing of products or services related to the chemical process industries.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Chemicals Industry Concentration. The chemicals industry can be significantly affected by intense competition, product obsolescence, raw materials prices, and government regulation, and can be subject to risks associated with the production, handling, and disposal of hazardous components.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return22.72%September 30, 2010
Lowest Quarter Return-24.12%September 30, 2011
Year-to-Date Return-29.08%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Chemicals Portfolio} - 02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 - Chemicals Portfolio
Past 1 year
Past 5 years
Past 10 years
Chemicals Portfolio-Default | Return Before Taxes 8.24% 4.44% 11.14%
Chemicals Portfolio-Default | After Taxes on Distributions 6.59% 2.39% 9.62%
Chemicals Portfolio-Default | After Taxes on Distributions and Sales 6.13% 3.25% 9.03%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Chemicals 25-50 Index(reflects no deduction for fees, expenses, or taxes) 19.69% 7.20% 12.46%
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Total
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Gas Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Natural Gas Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Natural Gas Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Natural Gas Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Natural Gas Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Natural Gas Portfolio
Natural Gas Portfolio-Default
Management fee 0.53%
Distribution and/or Service (12b-1) fees none
Other expenses 0.40%
Total annual operating expenses 0.93%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Natural Gas Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Natural Gas Portfolio
Natural Gas Portfolio-Default
USD ($)
1 year $ 95
3 years 296
5 years 515
10 years $ 1,143
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 87% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the production, transmission, and distribution of natural gas, and involved in the exploration of potential natural gas sources, as well as those companies that provide services and equipment to natural gas producers, refineries, cogeneration facilities, converters, and distributors.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Natural Gas Industry Concentration. The natural gas industry is subject to changes in price and supply of energy sources and can be significantly affected by events relating to international politics, energy conservation, the success of energy source exploration projects, and tax and other government regulations.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return18.16%June 30, 2016
Lowest Quarter Return-30.78%December 31, 2018
Year-to-Date Return-55.51%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Natural Gas Portfolio} - 02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 - Natural Gas Portfolio
Past 1 year
Past 5 years
Past 10 years
Natural Gas Portfolio-Default | Return Before Taxes 3.58% (9.36%) (3.99%)
Natural Gas Portfolio-Default | After Taxes on Distributions 3.32% (9.74%) (4.30%)
Natural Gas Portfolio-Default | After Taxes on Distributions and Sales 2.30% (6.76%) (2.80%)
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
FactSet Natural Gas Linked Index(reflects no deduction for fees, expenses, or taxes) 11.75% (5.48%) 0.22%

XML 25 R299.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 | Wireless Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Wireless Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 78% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 78.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 activities relating to wireless communications services or products.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in activities relating to wireless communications services or products.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Wireless Industry Concentration. The wireless industry can be significantly affected by failure or delays in obtaining financing or regulatory approval, intense competition, product incompatibility, changing consumer preferences, rapid obsolescence, significant capital expenditures, and heavy debt burdens.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return15.88%September 30, 2010
Lowest Quarter Return-12.62%December 31, 2018
Year-to-Date Return-13.02%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 | Wireless Portfolio | Wireless Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.27%
Total annual operating expenses rr_ExpensesOverAssets 0.81%
1 year rr_ExpenseExampleYear01 $ 83
3 years rr_ExpenseExampleYear03 259
5 years rr_ExpenseExampleYear05 450
10 years rr_ExpenseExampleYear10 $ 1,002
2010 rr_AnnualReturn2010 15.17%
2011 rr_AnnualReturn2011 (0.96%)
2012 rr_AnnualReturn2012 16.30%
2013 rr_AnnualReturn2013 28.26%
2014 rr_AnnualReturn2014 2.98%
2015 rr_AnnualReturn2015 (3.09%)
2016 rr_AnnualReturn2016 10.07%
2017 rr_AnnualReturn2017 25.02%
2018 rr_AnnualReturn2018 (6.21%)
2019 rr_AnnualReturn2019 40.14%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (13.02%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2010
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.88%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (12.62%)
02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 | Wireless Portfolio | Return Before Taxes | Wireless Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Wireless Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 40.14%
Past 5 years rr_AverageAnnualReturnYear05 11.88%
Past 10 years rr_AverageAnnualReturnYear10 11.87%
02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 | Wireless Portfolio | After Taxes on Distributions | Wireless Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Wireless Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 39.16%
Past 5 years rr_AverageAnnualReturnYear05 10.01%
Past 10 years rr_AverageAnnualReturnYear10 10.29%
02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 | Wireless Portfolio | After Taxes on Distributions and Sales | Wireless Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Wireless Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 24.31%
Past 5 years rr_AverageAnnualReturnYear05 8.98%
Past 10 years rr_AverageAnnualReturnYear10 9.39%
02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 | Wireless Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 9 Telecommunications Services Sector Retail Combo PRO-13 | Wireless Portfolio | Fidelity Wireless Index℠(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 30.89%
Past 5 years rr_AverageAnnualReturnYear05 9.08%
Past 10 years rr_AverageAnnualReturnYear10 8.96%
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Gold Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <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>Gold Portfolio</b>/Gold Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 56% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 56.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • Normally investing primarily in common stocks and in certain precious metals.
  • Investing primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals.
  • Normally investing at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins.
  • Investing up to 25% of assets in gold and other precious metals through a wholly-owned subsidiary organized under the laws of the Cayman Islands.
  • Potentially investing in other precious metals, instruments whose value is linked to the price of precious metals, and securities of companies that manufacture and distribute precious metal and minerals products (such as jewelry, watches, and metal foil and leaf) and companies that invest in other companies engaged in gold and other precious metal and mineral-related activities.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Geographic Concentration in Canada. Because an underlying fund concentrates its investments in Canada, the underlying fund's performance is expected to be closely tied to social, political, and economic conditions within Canada and to be more volatile than the performance of more geographically diversified funds. In addition, because the underlying fund may invest a significant percentage of assets in certain industries, the underlying fund's performance could be affected to the extent that the particular industry or industries in which the fund invests are sensitive to adverse social, political, economic, currency, or regulatory developments.
  • Gold Industry Concentration. The gold industry can be significantly affected by international monetary and political developments such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries, as well as supply and demand for gold and operational costs associated with mining.
  • Subsidiary Risk. Investment in Fidelity Select Gold Cayman Ltd., an unregistered subsidiary, is not subject to the investor protections of the Investment Company Act of 1940 (1940 Act) and is subject to the risks associated with the gold industry. Changes in tax and other laws could negatively affect investments in the subsidiary.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the 1940 Act, which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the 1940 Act, which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return41.04%March 31, 2016
Lowest Quarter Return-37.37%June 30, 2013
Year-to-Date Return-19.07%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Gold Portfolio | Gold Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.25%
Total annual operating expenses rr_ExpensesOverAssets 0.79%
1 year rr_ExpenseExampleYear01 $ 81
3 years rr_ExpenseExampleYear03 252
5 years rr_ExpenseExampleYear05 439
10 years rr_ExpenseExampleYear10 $ 978
2010 rr_AnnualReturn2010 35.25%
2011 rr_AnnualReturn2011 (16.34%)
2012 rr_AnnualReturn2012 (12.43%)
2013 rr_AnnualReturn2013 (51.41%)
2014 rr_AnnualReturn2014 (8.51%)
2015 rr_AnnualReturn2015 (17.88%)
2016 rr_AnnualReturn2016 47.28%
2017 rr_AnnualReturn2017 8.63%
2018 rr_AnnualReturn2018 (13.00%)
2019 rr_AnnualReturn2019 35.50%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (19.07%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 41.04%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (37.37%)
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Gold Portfolio | Return Before Taxes | Gold Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 35.50%
Past 5 years rr_AverageAnnualReturnYear05 9.14%
Past 10 years rr_AverageAnnualReturnYear10 (3.75%)
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Gold Portfolio | After Taxes on Distributions | Gold Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 35.41%
Past 5 years rr_AverageAnnualReturnYear05 8.81%
Past 10 years rr_AverageAnnualReturnYear10 (4.22%)
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Gold Portfolio | After Taxes on Distributions and Sales | Gold Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 21.15%
Past 5 years rr_AverageAnnualReturnYear05 7.09%
Past 10 years rr_AverageAnnualReturnYear10 (2.61%)
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Gold Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Gold Portfolio | S&P® Global BMI Gold Capped 20/45 Linked Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 45.04%
Past 5 years rr_AverageAnnualReturnYear05 13.19%
Past 10 years rr_AverageAnnualReturnYear10 (2.52%)
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Total
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Resources Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Natural Resources Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Natural Resources Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Natural Resources Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Natural Resources Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Natural Resources Portfolio
Natural Resources Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.30%
Total annual operating expenses 0.84%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Natural Resources Portfolio}
02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13
Natural Resources Portfolio
Natural Resources Portfolio-Default
USD ($)
1 year $ 86
3 years 268
5 years 466
10 years $ 1,037
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 8% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks and in certain precious metals.
  • Normally investing at least 80% of assets in securities of companies principally engaged in owning or developing natural resources, or supplying goods and services to such companies, and in precious metals.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Geographic Concentration in Canada. Because the fund concentrates its investments in Canada, the fund's performance is expected to be closely tied to social, political, and economic conditions within Canada and to be more volatile than the performance of more geographically diversified funds. In addition, because the fund may invest a significant percentage of assets in certain industries, the fund's performance could be affected to the extent that the particular industry or industries in which the fund invests are sensitive to adverse social, political, economic, currency, or regulatory developments.
  • Natural Resources Industry Concentration. The natural resources industries can be significantly affected by events relating to international political and economic developments, energy conservation, the success of exploration projects, commodity prices, and tax and other government regulations.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return24.75%December 31, 2010
Lowest Quarter Return-25.64%September 30, 2011
Year-to-Date Return-48.28%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Natural Resources Portfolio} - 02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 - Natural Resources Portfolio
Past 1 year
Past 5 years
Past 10 years
Natural Resources Portfolio-Default | Return Before Taxes 19.08% (1.66%) 0.91%
Natural Resources Portfolio-Default | After Taxes on Distributions 18.67% (1.91%) 0.54%
Natural Resources Portfolio-Default | After Taxes on Distributions and Sales 11.57% (1.26%) 0.74%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
S&P® North American Natural Resources Sector Index(reflects no deduction for fees, expenses, or taxes) 17.63% (1.41%) 1.39%
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <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>Telecommunications Portfolio</b>/Fidelity Advisor® Telecommunications Fund A, M, C, I, Z</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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 27 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption <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>
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 58% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 58.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts <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 27 of the prospectus.</font>
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Hold Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 development, production, or distribution of telecommunications services.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the development, production, or distribution of telecommunications services.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Telecom Services Industry Concentration. The telecom services industry is subject to government regulation and can be significantly affected by intense competition and technology changes.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">institutional.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
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 <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return17.53%September 30, 2010
Lowest Quarter Return-17.05%September 30, 2011
Year-to-Date Return-8.20%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads <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>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Fidelity Advisor Telecommunications 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]
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.39%
Total annual operating expenses rr_ExpensesOverAssets 1.18%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
1 year rr_ExpenseExampleYear01 $ 688
3 years rr_ExpenseExampleYear03 928
5 years rr_ExpenseExampleYear05 1,187
10 years rr_ExpenseExampleYear10 1,924
1 Year rr_ExpenseExampleNoRedemptionYear01 688
3 Years rr_ExpenseExampleNoRedemptionYear03 928
5 Years rr_ExpenseExampleNoRedemptionYear05 1,187
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,924
2010 rr_AnnualReturn2010 18.01%
2011 rr_AnnualReturn2011 (4.52%)
2012 rr_AnnualReturn2012 18.27%
2013 rr_AnnualReturn2013 21.12%
2014 rr_AnnualReturn2014 3.27%
2015 rr_AnnualReturn2015 1.96%
2016 rr_AnnualReturn2016 22.39%
2017 rr_AnnualReturn2017 1.37%
2018 rr_AnnualReturn2018 (8.33%)
2019 rr_AnnualReturn2019 19.96%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (8.20%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2010
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.53%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.05%)
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Fidelity Advisor Telecommunications Fund: Class M  
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]
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other expenses rr_OtherExpensesOverAssets 0.42%
Total annual operating expenses rr_ExpensesOverAssets 1.46%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
1 year rr_ExpenseExampleYear01 $ 493
3 years rr_ExpenseExampleYear03 796
5 years rr_ExpenseExampleYear05 1,120
10 years rr_ExpenseExampleYear10 2,035
1 Year rr_ExpenseExampleNoRedemptionYear01 493
3 Years rr_ExpenseExampleNoRedemptionYear03 796
5 Years rr_ExpenseExampleNoRedemptionYear05 1,120
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,035
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Fidelity Advisor Telecommunications 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]
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.34%
Total annual operating expenses rr_ExpensesOverAssets 1.88%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock On Class C shares redeemed less than one year after purchase.
1 year rr_ExpenseExampleYear01 $ 291
3 years rr_ExpenseExampleYear03 591
5 years rr_ExpenseExampleYear05 1,016
10 years rr_ExpenseExampleYear10 2,201
1 Year rr_ExpenseExampleNoRedemptionYear01 191
3 Years rr_ExpenseExampleNoRedemptionYear03 591
5 Years rr_ExpenseExampleNoRedemptionYear05 1,016
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,201
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Fidelity Advisor Telecommunications Fund: Class I  
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
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.34%
Total annual operating expenses rr_ExpensesOverAssets 0.88%
1 year rr_ExpenseExampleYear01 $ 90
3 years rr_ExpenseExampleYear03 281
5 years rr_ExpenseExampleYear05 488
10 years rr_ExpenseExampleYear10 1,084
1 Year rr_ExpenseExampleNoRedemptionYear01 90
3 Years rr_ExpenseExampleNoRedemptionYear03 281
5 Years rr_ExpenseExampleNoRedemptionYear05 488
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,084
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Fidelity Advisor Telecommunications Fund: Class Z  
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
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.14%
Total annual operating expenses rr_ExpensesOverAssets 0.68%
1 year rr_ExpenseExampleYear01 $ 69
3 years rr_ExpenseExampleYear03 218
5 years rr_ExpenseExampleYear05 379
10 years rr_ExpenseExampleYear10 847
1 Year rr_ExpenseExampleNoRedemptionYear01 69
3 Years rr_ExpenseExampleNoRedemptionYear03 218
5 Years rr_ExpenseExampleNoRedemptionYear05 379
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 847
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Return Before Taxes | Fidelity Advisor Telecommunications Fund: Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Telecommunications Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class A - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 13.07%
Past 5 years rr_AverageAnnualReturnYear05 5.57%
Past 10 years rr_AverageAnnualReturnYear10 8.13%
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Return Before Taxes | Fidelity Advisor Telecommunications Fund: Class M  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Telecommunications Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class M - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 15.44%
Past 5 years rr_AverageAnnualReturnYear05 5.73%
Past 10 years rr_AverageAnnualReturnYear10 8.05%
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Return Before Taxes | Fidelity Advisor Telecommunications Fund: Class C  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Telecommunications Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 18.14%
Past 5 years rr_AverageAnnualReturnYear05 6.06%
Past 10 years rr_AverageAnnualReturnYear10 7.99%
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Return Before Taxes | Fidelity Advisor Telecommunications Fund: Class I  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Telecommunications Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class I - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 20.33%
Past 5 years rr_AverageAnnualReturnYear05 7.17%
Past 10 years rr_AverageAnnualReturnYear10 9.11%
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | Return Before Taxes | Fidelity Advisor Telecommunications Fund: Class Z  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Telecommunications Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class Z - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 20.58%
Past 10 years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 4.31% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 02, 2018
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | After Taxes on Distributions | Fidelity Advisor Telecommunications Fund: Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Telecommunications Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 12.28%
Past 5 years rr_AverageAnnualReturnYear05 3.95%
Past 10 years rr_AverageAnnualReturnYear10 7.09%
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | After Taxes on Distributions and Sales | Fidelity Advisor Telecommunications Fund: Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Telecommunications Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 8.29%
Past 5 years rr_AverageAnnualReturnYear05 4.13%
Past 10 years rr_AverageAnnualReturnYear10 6.49%
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Fidelity Advisor Telecommunications Fund AMCIZ PRO-11 | Telecommunications Portfolio | MSCI U.S. IM Telecommunication Services 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 12.64%
Past 5 years rr_AverageAnnualReturnYear05 4.11%
Past 10 years rr_AverageAnnualReturnYear10 7.99%
[1] Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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] Since inception October 2, 2018.
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02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 | Materials Portfolio
<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>Materials Portfolio</b>/Fidelity Advisor® Materials Fund A, M, C, I, Z</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

<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>
Shareholder Fees {- Materials Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 - Materials Portfolio
Fidelity Advisor Materials Fund: Class A
Fidelity Advisor Materials Fund: Class M
Fidelity Advisor Materials Fund: Class C
Fidelity Advisor Materials Fund: Class I
Fidelity Advisor Materials Fund: Class Z
Maximum sales charge (load) on purchases (as a % of offering price) 5.75% 3.50% none 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 none
[1] Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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.
<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>
Annual Operating Expenses {- Materials Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 - Materials Portfolio
Fidelity Advisor Materials Fund: Class A
Fidelity Advisor Materials Fund: Class M
Fidelity Advisor Materials Fund: Class C
Fidelity Advisor Materials Fund: Class I
Fidelity Advisor Materials Fund: Class Z
Management fee 0.53% 0.53% 0.53% 0.53% 0.53%
Distribution and/or Service (12b-1) fees 0.25% 0.50% 1.00% none none
Other expenses 0.30% 0.34% 0.29% 0.26% 0.10%
Total annual operating expenses 1.08% 1.37% 1.82% 0.79% 0.63%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Materials Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 - Materials Portfolio - USD ($)
Fidelity Advisor Materials Fund: Class A
Fidelity Advisor Materials Fund: Class M
Fidelity Advisor Materials Fund: Class C
Fidelity Advisor Materials Fund: Class I
Fidelity Advisor Materials Fund: Class Z
1 year $ 679 $ 485 $ 285 $ 81 $ 64
3 years 899 769 573 252 202
5 years 1,136 1,074 985 439 351
10 years $ 1,816 $ 1,939 $ 2,137 $ 978 $ 786
<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Hold Shares</p>
Expense Example, No Redemption {- Materials Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 - Materials Portfolio - USD ($)
Fidelity Advisor Materials Fund: Class A
Fidelity Advisor Materials Fund: Class M
Fidelity Advisor Materials Fund: Class C
Fidelity Advisor Materials Fund: Class I
Fidelity Advisor Materials Fund: Class Z
1 Year $ 679 $ 485 $ 185 $ 81 $ 64
3 Years 899 769 573 252 202
5 Years 1,136 1,074 985 439 351
10 Years $ 1,816 $ 1,939 $ 2,137 $ 978 $ 786
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 69% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, mining, processing, or distribution of raw materials and intermediate goods.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Materials Industry Concentration. The materials industries can be significantly affected by the level and volatility of commodity prices, the exchange value of the dollar, import and export controls, worldwide competition, liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return20.81%December 31, 2010
Lowest Quarter Return-25.35%September 30, 2011
Year-to-Date Return-26.36%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Materials Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 - Materials Portfolio
Past 1 year
Past 5 years
Past 10 years
Since Inception
[1]
Inception Date
Fidelity Advisor Materials Fund: Class A | Return Before Taxes 5.65% 0.60% 5.75%    
Fidelity Advisor Materials Fund: Class A | After Taxes on Distributions 5.41% (0.33%) 4.88%    
Fidelity Advisor Materials Fund: Class A | After Taxes on Distributions and Sales 3.52% 0.46% 4.62%    
Fidelity Advisor Materials Fund: Class M | Return Before Taxes 7.85% 0.77% 5.69%    
Fidelity Advisor Materials Fund: Class C | Return Before Taxes 10.26% 1.04% 5.58%    
Fidelity Advisor Materials Fund: Class I | Return Before Taxes 12.41% 2.09% 6.68%    
Fidelity Advisor Materials Fund: Class Z | Return Before Taxes 12.59%   (5.69%) Oct. 02, 2018
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%    
MSCI U.S. IMI Materials 25-50 Index(reflects no deduction for fees, expenses, or taxes) 23.80% 6.70% 9.30%    
[1] Since inception October 2, 2018.
02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 | Materials Portfolio | Fidelity Advisor Materials Fund: Class A
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 | Materials Portfolio | Fidelity Advisor Materials Fund: Class M
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Materials Fund - AMCIZ PRO-12 | Materials Portfolio | Fidelity Advisor Materials Fund: Class C
On Class C shares redeemed less than one year after purchase.
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02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Consumer Finance Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Consumer Finance Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Consumer Finance Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Consumer Finance Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Consumer Finance Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Consumer Finance Portfolio
Consumer Finance Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.32%
Total annual operating expenses 0.86%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Consumer Finance Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Consumer Finance Portfolio
Consumer Finance Portfolio-Default
USD ($)
1 year $ 88
3 years 274
5 years 477
10 years $ 1,061
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 20% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in providing products and services associated with consumer finance.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Consumer Finance Industry Concentration. The consumer finance industry can be significantly affected by changing economic conditions, demand for consumer loans, refinancing activity, interest rate changes, and government regulation.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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. Prior to December 1, 2010, the fund was named Home Finance Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. Past performance (before and after taxes) is not an indication of future performance.

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

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return21.38%March 31, 2012
Lowest Quarter Return-15.24%December 31, 2018
Year-to-Date Return-41.08%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Consumer Finance Portfolio} - 02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 - Consumer Finance Portfolio
Past 1 year
Past 5 years
Past 10 years
Consumer Finance Portfolio-Default | Return Before Taxes 34.18% 10.02% 12.43%
Consumer Finance Portfolio-Default | After Taxes on Distributions 33.55% 8.63% 10.48%
Consumer Finance Portfolio-Default | After Taxes on Distributions and Sales 20.56% 7.55% 9.65%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
S&P® Consumer Finance Index(reflects no deduction for fees, expenses, or taxes) 33.04% 8.85% 11.64%
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02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio
<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>Gold Portfolio</b>/Fidelity Advisor® Gold Fund A, M, C, I, Z</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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 29 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

<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>
Shareholder Fees {- Gold Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 - Gold Portfolio
Fidelity Advisor Gold Fund: Class A
Fidelity Advisor Gold Fund: Class M
Fidelity Advisor Gold Fund: Class C
Fidelity Advisor Gold Fund: Class I
Fidelity Advisor Gold Fund: Class Z
Maximum sales charge (load) on purchases (as a % of offering price) 5.75% 3.50% none 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 none
[1] Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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.
<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>
Annual Operating Expenses {- Gold Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 - Gold Portfolio
Fidelity Advisor Gold Fund: Class A
Fidelity Advisor Gold Fund: Class M
Fidelity Advisor Gold Fund: Class C
Fidelity Advisor Gold Fund: Class I
Fidelity Advisor Gold Fund: Class Z
Management fee 0.54% 0.54% 0.54% 0.54% 0.54%
Distribution and/or Service (12b-1) fees 0.25% 0.50% 1.00% none none
Other expenses 0.34% 0.38% 0.26% 0.25% 0.11%
Total annual operating expenses 1.13% 1.42% 1.80% 0.79% 0.65%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Gold Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 - Gold Portfolio - USD ($)
Fidelity Advisor Gold Fund: Class A
Fidelity Advisor Gold Fund: Class M
Fidelity Advisor Gold Fund: Class C
Fidelity Advisor Gold Fund: Class I
Fidelity Advisor Gold Fund: Class Z
1 year $ 684 $ 489 $ 283 $ 81 $ 66
3 years 913 784 566 252 208
5 years 1,161 1,099 975 439 362
10 years $ 1,871 $ 1,992 $ 2,116 $ 978 $ 810
<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Hold Shares</p>
Expense Example, No Redemption {- Gold Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 - Gold Portfolio - USD ($)
Fidelity Advisor Gold Fund: Class A
Fidelity Advisor Gold Fund: Class M
Fidelity Advisor Gold Fund: Class C
Fidelity Advisor Gold Fund: Class I
Fidelity Advisor Gold Fund: Class Z
1 Year $ 684 $ 489 $ 183 $ 81 $ 66
3 Years 913 784 566 252 208
5 Years 1,161 1,099 975 439 362
10 Years $ 1,871 $ 1,992 $ 2,116 $ 978 $ 810
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 56% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks and in certain precious metals.
  • Investing primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals.
  • Normally investing at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins.
  • Investing up to 25% of assets in gold and other precious metals through a wholly-owned subsidiary organized under the laws of the Cayman Islands.
  • Potentially investing in other precious metals, instruments whose value is linked to the price of precious metals, and securities of companies that manufacture and distribute precious metal and minerals products (such as jewelry, watches, and metal foil and leaf) and companies that invest in other companies engaged in gold and other precious metal and mineral-related activities.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Geographic Concentration in Canada. Because an underlying fund concentrates its investments in Canada, the underlying fund's performance is expected to be closely tied to social, political, and economic conditions within Canada and to be more volatile than the performance of more geographically diversified funds. In addition, because the underlying fund may invest a significant percentage of assets in certain industries, the underlying fund's performance could be affected to the extent that the particular industry or industries in which the fund invests are sensitive to adverse social, political, economic, currency, or regulatory developments.
  • Gold Industry Concentration. The gold industry can be significantly affected by international monetary and political developments such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries, as well as supply and demand for gold and operational costs associated with mining.
  • Subsidiary Risk. Investment in Fidelity Select Gold Cayman Ltd., an unregistered subsidiary, is not subject to the investor protections of the Investment Company Act of 1940 (1940 Act) and is subject to the risks associated with the gold industry. Changes in tax and other laws could negatively affect investments in the subsidiary.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the 1940 Act, which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return40.94%March 31, 2016
Lowest Quarter Return-37.42%June 30, 2013
Year-to-Date Return-19.14%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Gold Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 - Gold Portfolio
Past 1 year
Past 5 years
Past 10 years
Since Inception
[1]
Inception Date
Fidelity Advisor Gold Fund: Class A | Return Before Taxes 27.29% 7.53% (4.60%)    
Fidelity Advisor Gold Fund: Class A | After Taxes on Distributions 27.28% 7.25% (5.04%)    
Fidelity Advisor Gold Fund: Class A | After Taxes on Distributions and Sales 16.24% 5.80% (3.17%)    
Fidelity Advisor Gold Fund: Class M | Return Before Taxes 29.92% 7.72% (4.64%)    
Fidelity Advisor Gold Fund: Class C | Return Before Taxes 33.09% 8.06% (4.71%)    
Fidelity Advisor Gold Fund: Class I | Return Before Taxes 35.50% 9.16% (3.71%)    
Fidelity Advisor Gold Fund: Class Z | Return Before Taxes 35.74%   36.65% Oct. 02, 2018
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%    
S&P® Global BMI Gold Capped 20/45 Linked Index(reflects no deduction for fees, expenses, or taxes) 45.04% 13.19% (2.52%)    
[1] Since inception October 2, 2018.
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Fidelity Advisor Gold Fund: Class A
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Fidelity Advisor Gold Fund: Class M
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Fidelity Advisor Gold Fund: Class C
On Class C shares redeemed less than one year after purchase.
XML 38 R257.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Software and IT Services Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Software and IT Services Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 23% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 23.00%
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees <font style="FONT-FAMILY: Times New Roman" size="3">Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses. For the period, acquired fund fees and expenses are less than 0.01% and are included in other expenses.</font>
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 research, design, production, or distribution of products or processes that relate to software or information-based services.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in research, design, production, or distribution of products or processes that relate to software or information-based services.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Software and Information Technology Services Industry Concentration. The software and information technology services industry can be significantly affected by intense competition, aggressive pricing, technological innovations, and product obsolescence.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return20.44%March 31, 2012
Lowest Quarter Return-14.71%December 31, 2018
Year-to-Date Return-10.24%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Software and IT Services Portfolio | Software and IT Services Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.17% [1]
Total annual operating expenses rr_ExpensesOverAssets 0.71%
1 year rr_ExpenseExampleYear01 $ 73
3 years rr_ExpenseExampleYear03 227
5 years rr_ExpenseExampleYear05 395
10 years rr_ExpenseExampleYear10 $ 883
2010 rr_AnnualReturn2010 18.94%
2011 rr_AnnualReturn2011 2.18%
2012 rr_AnnualReturn2012 18.06%
2013 rr_AnnualReturn2013 51.12%
2014 rr_AnnualReturn2014 8.22%
2015 rr_AnnualReturn2015 10.47%
2016 rr_AnnualReturn2016 10.31%
2017 rr_AnnualReturn2017 38.53%
2018 rr_AnnualReturn2018 4.19%
2019 rr_AnnualReturn2019 38.87%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (10.24%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.44%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (14.71%)
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Software and IT Services Portfolio | Return Before Taxes | Software and IT Services Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Software and IT Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 38.87%
Past 5 years rr_AverageAnnualReturnYear05 19.56%
Past 10 years rr_AverageAnnualReturnYear10 19.08%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Software and IT Services Portfolio | After Taxes on Distributions | Software and IT Services Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Software and IT Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 34.71%
Past 5 years rr_AverageAnnualReturnYear05 17.43%
Past 10 years rr_AverageAnnualReturnYear10 16.84%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Software and IT Services Portfolio | After Taxes on Distributions and Sales | Software and IT Services Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Software and IT Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 25.44%
Past 5 years rr_AverageAnnualReturnYear05 15.31%
Past 10 years rr_AverageAnnualReturnYear10 15.37%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Software and IT Services Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Software and IT Services Portfolio | MSCI U.S. IMI Software & Services 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 41.35%
Past 5 years rr_AverageAnnualReturnYear05 20.04%
Past 10 years rr_AverageAnnualReturnYear10 17.76%
[1] Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses. For the period, acquired fund fees and expenses are less than 0.01% and are included in other expenses.
XML 39 R236.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Computers Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Computers Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 116% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 116.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 research, design, development, manufacture, or distribution of products, processes, or services that relate to currently available or experimental hardware technology within the computer industry.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in research, design, development, manufacture, or distribution of products, processes, or services that relate to currently available or experimental hardware technology within the computer industry.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Geographic Concentration in Japan. Because the fund concentrates its investments in Japan, the fund's performance is expected to be closely tied to social, political, and economic conditions within Japan and to be more volatile than the performance of more geographically diversified funds.
  • Computer Industry Concentration. The computer industry can be significantly affected by competitive pressures, changing domestic and international demand, research and development costs, availability and price of components, and product obsolescence.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.
  • High Portfolio Turnover. High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return25.29%March 31, 2012
Lowest Quarter Return-19.07%December 31, 2018
Year-to-Date Return-14.95%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Computers Portfolio | Computers Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.22%
Total annual operating expenses rr_ExpensesOverAssets 0.76%
1 year rr_ExpenseExampleYear01 $ 78
3 years rr_ExpenseExampleYear03 243
5 years rr_ExpenseExampleYear05 422
10 years rr_ExpenseExampleYear10 $ 942
2010 rr_AnnualReturn2010 23.76%
2011 rr_AnnualReturn2011 (4.48%)
2012 rr_AnnualReturn2012 14.26%
2013 rr_AnnualReturn2013 31.09%
2014 rr_AnnualReturn2014 14.73%
2015 rr_AnnualReturn2015 (13.80%)
2016 rr_AnnualReturn2016 15.81%
2017 rr_AnnualReturn2017 33.74%
2018 rr_AnnualReturn2018 (5.88%)
2019 rr_AnnualReturn2019 40.04%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (14.95%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 25.29%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (19.07%)
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Computers Portfolio | Return Before Taxes | Computers Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Computers Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 40.04%
Past 5 years rr_AverageAnnualReturnYear05 11.97%
Past 10 years rr_AverageAnnualReturnYear10 13.59%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Computers Portfolio | After Taxes on Distributions | Computers Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Computers Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 35.84%
Past 5 years rr_AverageAnnualReturnYear05 9.12%
Past 10 years rr_AverageAnnualReturnYear10 11.84%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Computers Portfolio | After Taxes on Distributions and Sales | Computers Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Computers Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 25.94%
Past 5 years rr_AverageAnnualReturnYear05 8.88%
Past 10 years rr_AverageAnnualReturnYear10 10.95%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Computers Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Computers Portfolio | FactSet Computers & Peripherals Linked Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 38.75%
Past 5 years rr_AverageAnnualReturnYear05 7.56%
Past 10 years rr_AverageAnnualReturnYear10 10.78%
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Retailing Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Retailing Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 17% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 17.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 merchandising finished goods and services primarily to individual consumers.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in merchandising finished goods and services primarily to individual consumers.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Retail Industry Concentration. The retail industry can be significantly affected by consumer confidence and spending, intense competition, and changing consumer tastes.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return20.23%March 31, 2012
Lowest Quarter Return-17.67%December 31, 2018
Year-to-Date Return-17.69%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Retailing Portfolio | Retailing Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.20%
Total annual operating expenses rr_ExpensesOverAssets 0.74%
1 year rr_ExpenseExampleYear01 $ 76
3 years rr_ExpenseExampleYear03 237
5 years rr_ExpenseExampleYear05 411
10 years rr_ExpenseExampleYear10 $ 918
2010 rr_AnnualReturn2010 28.06%
2011 rr_AnnualReturn2011 3.36%
2012 rr_AnnualReturn2012 24.83%
2013 rr_AnnualReturn2013 43.93%
2014 rr_AnnualReturn2014 12.02%
2015 rr_AnnualReturn2015 18.41%
2016 rr_AnnualReturn2016 4.43%
2017 rr_AnnualReturn2017 25.82%
2018 rr_AnnualReturn2018 4.62%
2019 rr_AnnualReturn2019 26.32%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (17.69%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.23%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.67%)
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Retailing Portfolio | Return Before Taxes | Retailing Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Retailing Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 26.32%
Past 5 years rr_AverageAnnualReturnYear05 15.51%
Past 10 years rr_AverageAnnualReturnYear10 18.54%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Retailing Portfolio | After Taxes on Distributions | Retailing Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Retailing Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 25.65%
Past 5 years rr_AverageAnnualReturnYear05 15.00%
Past 10 years rr_AverageAnnualReturnYear10 17.65%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Retailing Portfolio | After Taxes on Distributions and Sales | Retailing Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Retailing Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 16.01%
Past 5 years rr_AverageAnnualReturnYear05 12.43%
Past 10 years rr_AverageAnnualReturnYear10 15.57%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Retailing Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Retailing Portfolio | MSCI U.S. IMI Retailing 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 24.95%
Past 5 years rr_AverageAnnualReturnYear05 15.59%
Past 10 years rr_AverageAnnualReturnYear10 18.72%
XML 42 R153.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Biotechnology Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Biotechnology Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Biotechnology Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Biotechnology Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Biotechnology Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Biotechnology Portfolio
Biotechnology Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.18%
Total annual operating expenses 0.72%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Biotechnology Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Biotechnology Portfolio
Biotechnology Portfolio-Default
USD ($)
1 year $ 74
3 years 230
5 years 401
10 years $ 894
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 50% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, and distribution of various biotechnological products, services, and processes and companies that benefit significantly from scientific and technological advances in biotechnology.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Biotechnology Industry Concentration. The biotechnology industry can be significantly affected by patent considerations, intense competition, rapid technological change and obsolescence, and government regulation, and revenue patterns can be erratic.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return26.57%December 31, 2019
Lowest Quarter Return-28.45%March 31, 2016
Year-to-Date Return-14.71%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Biotechnology Portfolio} - 02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 - Biotechnology Portfolio
Past 1 year
Past 5 years
Past 10 years
Biotechnology Portfolio-Default | Return Before Taxes 35.96% 6.12% 18.40%
Biotechnology Portfolio-Default | After Taxes on Distributions 33.19% 4.64% 17.16%
Biotechnology Portfolio-Default | After Taxes on Distributions and Sales 23.15% 4.60% 15.62%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Biotechnology 25-50 Index(reflects no deduction for fees, expenses, or taxes) 21.12% 6.33% 18.27%
XML 43 R89.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 | Consumer Staples Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <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>Consumer Staples Portfolio</b>/Consumer Staples Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 40% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 40.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 manufacture, sale, or distribution of consumer staples.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, sale, or distribution of consumer staples.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Consumer Staples Industry Concentration. The consumer staples industries can be significantly affected by demographics and product trends, competitive pricing, food fads, marketing campaigns, environmental factors, government regulation, the performance of the overall economy, interest rates, consumer confidence, and the cost of commodities.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return17.22%March 31, 2019
Lowest Quarter Return-10.53%December 31, 2018
Year-to-Date Return-16.58%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 | Consumer Staples Portfolio | Consumer Staples Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual operating expenses rr_ExpensesOverAssets 0.75%
1 year rr_ExpenseExampleYear01 $ 77
3 years rr_ExpenseExampleYear03 240
5 years rr_ExpenseExampleYear05 417
10 years rr_ExpenseExampleYear10 $ 930
2010 rr_AnnualReturn2010 15.20%
2011 rr_AnnualReturn2011 8.84%
2012 rr_AnnualReturn2012 15.39%
2013 rr_AnnualReturn2013 21.63%
2014 rr_AnnualReturn2014 14.91%
2015 rr_AnnualReturn2015 1.90%
2016 rr_AnnualReturn2016 3.07%
2017 rr_AnnualReturn2017 12.06%
2018 rr_AnnualReturn2018 (15.82%)
2019 rr_AnnualReturn2019 31.77%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (16.58%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2019
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.22%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (10.53%)
02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 | Consumer Staples Portfolio | Return Before Taxes | Consumer Staples Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Consumer Staples Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 31.77%
Past 5 years rr_AverageAnnualReturnYear05 5.48%
Past 10 years rr_AverageAnnualReturnYear10 10.20%
02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 | Consumer Staples Portfolio | After Taxes on Distributions | Consumer Staples Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Consumer Staples Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 30.92%
Past 5 years rr_AverageAnnualReturnYear05 3.68%
Past 10 years rr_AverageAnnualReturnYear10 8.75%
02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 | Consumer Staples Portfolio | After Taxes on Distributions and Sales | Consumer Staples Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Consumer Staples Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 19.41%
Past 5 years rr_AverageAnnualReturnYear05 4.05%
Past 10 years rr_AverageAnnualReturnYear10 8.21%
02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 | Consumer Staples Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 2 Consumer Staples Sector Retail PRO-11 | Consumer Staples Portfolio | MSCI U.S. IMI Consumer Staples 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 26.20%
Past 5 years rr_AverageAnnualReturnYear05 8.03%
Past 10 years rr_AverageAnnualReturnYear10 12.25%
XML 44 R215.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Industrials Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Industrials Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 143% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 143.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 research, development, manufacture, distribution, supply, or sale of industrial products, services, or equipment.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, distribution, supply, or sale of industrial products, services, or equipment.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Industrials Industry Concentration. Industrial industries can be significantly affected by general economic trends, changes in consumer sentiment and spending, commodity prices, legislation, government regulation and spending, import controls, worldwide competition, and liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.
  • High Portfolio Turnover. High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return17.89%March 31, 2019
Lowest Quarter Return-22.42%September 30, 2011
Year-to-Date Return-28.64%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Industrials Portfolio | Industrials Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.22%
Total annual operating expenses rr_ExpensesOverAssets 0.76%
1 year rr_ExpenseExampleYear01 $ 78
3 years rr_ExpenseExampleYear03 243
5 years rr_ExpenseExampleYear05 422
10 years rr_ExpenseExampleYear10 $ 942
2010 rr_AnnualReturn2010 31.08%
2011 rr_AnnualReturn2011 (4.88%)
2012 rr_AnnualReturn2012 19.60%
2013 rr_AnnualReturn2013 39.90%
2014 rr_AnnualReturn2014 5.81%
2015 rr_AnnualReturn2015 (1.97%)
2016 rr_AnnualReturn2016 15.53%
2017 rr_AnnualReturn2017 20.08%
2018 rr_AnnualReturn2018 (15.27%)
2019 rr_AnnualReturn2019 27.99%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (28.64%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2019
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.89%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (22.42%)
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Industrials Portfolio | Return Before Taxes | Industrials Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Industrials Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 27.99%
Past 5 years rr_AverageAnnualReturnYear05 8.08%
Past 10 years rr_AverageAnnualReturnYear10 12.53%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Industrials Portfolio | After Taxes on Distributions | Industrials Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Industrials Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 26.77%
Past 5 years rr_AverageAnnualReturnYear05 6.64%
Past 10 years rr_AverageAnnualReturnYear10 11.20%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Industrials Portfolio | After Taxes on Distributions and Sales | Industrials Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Industrials Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 17.44%
Past 5 years rr_AverageAnnualReturnYear05 6.16%
Past 10 years rr_AverageAnnualReturnYear10 10.19%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Industrials Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Industrials Portfolio | MSCI U.S. IMI Industrials 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 30.28%
Past 5 years rr_AverageAnnualReturnYear05 9.65%
Past 10 years rr_AverageAnnualReturnYear10 13.61%
XML 45 R188.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Air Transportation Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Air Transportation Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Air Transportation Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Air Transportation Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Air Transportation Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Air Transportation Portfolio
Air Transportation Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.27%
Total annual operating expenses 0.81%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Air Transportation Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Air Transportation Portfolio
Air Transportation Portfolio-Default
USD ($)
1 year $ 83
3 years 259
5 years 450
10 years $ 1,002
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 95% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the regional, national, and international movement of passengers, mail, and freight via aircraft.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Air Transportation Industry Concentration. The air transportation industry can be significantly affected by competition within the industry, domestic and foreign economies, government regulation, labor relations, the price of fuel, and geopolitical developments.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return21.51%March 31, 2010
Lowest Quarter Return-17.00%December 31, 2018
Year-to-Date Return-42.40%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Air Transportation Portfolio} - 02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 - Air Transportation Portfolio
Past 1 year
Past 5 years
Past 10 years
Air Transportation Portfolio-Default | Return Before Taxes 21.00% 7.63% 15.32%
Air Transportation Portfolio-Default | After Taxes on Distributions 18.51% 5.61% 13.84%
Air Transportation Portfolio-Default | After Taxes on Distributions and Sales 14.07% 5.68% 12.69%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
Nasdaq North America Air Transportation Linked Index(reflects no deduction for fees, expenses, or taxes) 24.19% 9.58% 15.51%
XML 46 R180.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Medical Technology and Devices Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Medical Technology and Devices Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 35% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 35.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Medical Technology and Devices Industry Concentration. The medical technology and devices industry can be significantly affected by patent considerations, competition, technology, government regulation, and government reimbursement for medical expenses.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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. Prior to January 1, 2018, the fund was named Medical Equipment and Systems Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. 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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com</font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return14.80%June 30, 2016
Lowest Quarter Return-14.68%September 30, 2011
Year-to-Date Return-14.04%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Medical Technology and Devices Portfolio | Medical Technology and Devices Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.17%
Total annual operating expenses rr_ExpensesOverAssets 0.71%
1 year rr_ExpenseExampleYear01 $ 73
3 years rr_ExpenseExampleYear03 227
5 years rr_ExpenseExampleYear05 395
10 years rr_ExpenseExampleYear10 $ 883
2010 rr_AnnualReturn2010 12.71%
2011 rr_AnnualReturn2011 (3.42%)
2012 rr_AnnualReturn2012 15.62%
2013 rr_AnnualReturn2013 41.30%
2014 rr_AnnualReturn2014 26.70%
2015 rr_AnnualReturn2015 7.11%
2016 rr_AnnualReturn2016 8.68%
2017 rr_AnnualReturn2017 26.57%
2018 rr_AnnualReturn2018 16.20%
2019 rr_AnnualReturn2019 29.56%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (14.04%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 14.80%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (14.68%)
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Medical Technology and Devices Portfolio | Return Before Taxes | Medical Technology and Devices Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Medical Technology and Devices Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 29.56%
Past 5 years rr_AverageAnnualReturnYear05 17.28%
Past 10 years rr_AverageAnnualReturnYear10 17.46%
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Medical Technology and Devices Portfolio | After Taxes on Distributions | Medical Technology and Devices Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Medical Technology and Devices Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 29.03%
Past 5 years rr_AverageAnnualReturnYear05 15.20%
Past 10 years rr_AverageAnnualReturnYear10 15.48%
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Medical Technology and Devices Portfolio | After Taxes on Distributions and Sales | Medical Technology and Devices Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Medical Technology and Devices Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 17.88%
Past 5 years rr_AverageAnnualReturnYear05 13.25%
Past 10 years rr_AverageAnnualReturnYear10 14.03%
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Medical Technology and Devices Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Medical Technology and Devices Portfolio | MSCI U.S. IMI Custom Health Care Technology and Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.04%
Past 5 years rr_AverageAnnualReturnYear05 17.90%
Past 10 years rr_AverageAnnualReturnYear10 16.22%
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Total
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Medical Technology and Devices Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Medical Technology and Devices Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Medical Technology and Devices Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Medical Technology and Devices Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Medical Technology and Devices Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Medical Technology and Devices Portfolio
Medical Technology and Devices Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.17%
Total annual operating expenses 0.71%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Medical Technology and Devices Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Medical Technology and Devices Portfolio
Medical Technology and Devices Portfolio-Default
USD ($)
1 year $ 73
3 years 227
5 years 395
10 years $ 883
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 35% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Medical Technology and Devices Industry Concentration. The medical technology and devices industry can be significantly affected by patent considerations, competition, technology, government regulation, and government reimbursement for medical expenses.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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. Prior to January 1, 2018, the fund was named Medical Equipment and Systems Portfolio, and the fund operated under certain different investment policies and compared its performance to a different additional index. The fund's historical performance may not represent its current investment policies. Past performance (before and after taxes) is not an indication of future performance.

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

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return14.80%June 30, 2016
Lowest Quarter Return-14.68%September 30, 2011
Year-to-Date Return-14.04%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Medical Technology and Devices Portfolio} - 02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 - Medical Technology and Devices Portfolio
Past 1 year
Past 5 years
Past 10 years
Medical Technology and Devices Portfolio-Default | Return Before Taxes 29.56% 17.28% 17.46%
Medical Technology and Devices Portfolio-Default | After Taxes on Distributions 29.03% 15.20% 15.48%
Medical Technology and Devices Portfolio-Default | After Taxes on Distributions and Sales 17.88% 13.25% 14.03%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Custom Health Care Technology and Equipment 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) 31.04% 17.90% 16.22%
XML 49 R118.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Banking Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Banking Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Banking Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Banking Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Banking Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Banking Portfolio
Banking Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.23%
Total annual operating expenses 0.77%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Banking Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Banking Portfolio
Banking Portfolio-Default
USD ($)
1 year $ 79
3 years 246
5 years 428
10 years $ 954
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 31% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in banking.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Banking Industry Concentration. The banking industry can be significantly affected by legislation, regulation, competition and by changes in general economic conditions and interest rates.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return27.24%December 31, 2016
Lowest Quarter Return-22.08%September 30, 2011
Year-to-Date Return-43.51%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Banking Portfolio} - 02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 - Banking Portfolio
Past 1 year
Past 5 years
Past 10 years
Banking Portfolio-Default | Return Before Taxes 35.59% 9.77% 11.91%
Banking Portfolio-Default | After Taxes on Distributions 33.68% 7.72% 10.62%
Banking Portfolio-Default | After Taxes on Distributions and Sales 22.31% 7.42% 9.69%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI US IMI Banks 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) 30.77% 10.67% 12.41%
XML 50 R285.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Materials Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <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>Materials Portfolio</b>/Materials Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 69% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 69.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 manufacture, mining, processing, or distribution of raw materials and intermediate goods.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, mining, processing, or distribution of raw materials and intermediate goods.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Materials Industry Concentration. The materials industries can be significantly affected by the level and volatility of commodity prices, the exchange value of the dollar, import and export controls, worldwide competition, liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return20.90%December 31, 2010
Lowest Quarter Return-25.30%September 30, 2011
Year-to-Date Return-26.30%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Materials Portfolio | Materials Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.53%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.27%
Total annual operating expenses rr_ExpensesOverAssets 0.80%
1 year rr_ExpenseExampleYear01 $ 82
3 years rr_ExpenseExampleYear03 255
5 years rr_ExpenseExampleYear05 444
10 years rr_ExpenseExampleYear10 $ 990
2010 rr_AnnualReturn2010 28.09%
2011 rr_AnnualReturn2011 (8.20%)
2012 rr_AnnualReturn2012 20.17%
2013 rr_AnnualReturn2013 21.90%
2014 rr_AnnualReturn2014 (0.06%)
2015 rr_AnnualReturn2015 (8.68%)
2016 rr_AnnualReturn2016 11.99%
2017 rr_AnnualReturn2017 26.22%
2018 rr_AnnualReturn2018 (23.65%)
2019 rr_AnnualReturn2019 12.40%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (26.30%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Dec. 31, 2010
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.90%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (25.30%)
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Materials Portfolio | Return Before Taxes | Materials Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Materials Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 12.40%
Past 5 years rr_AverageAnnualReturnYear05 2.07%
Past 10 years rr_AverageAnnualReturnYear10 6.67%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Materials Portfolio | After Taxes on Distributions | Materials Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Materials Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 12.08%
Past 5 years rr_AverageAnnualReturnYear05 1.07%
Past 10 years rr_AverageAnnualReturnYear10 5.74%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Materials Portfolio | After Taxes on Distributions and Sales | Materials Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Materials Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 7.57%
Past 5 years rr_AverageAnnualReturnYear05 1.59%
Past 10 years rr_AverageAnnualReturnYear10 5.38%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Materials Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Materials Portfolio | MSCI U.S. IMI Materials 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 23.80%
Past 5 years rr_AverageAnnualReturnYear05 6.70%
Past 10 years rr_AverageAnnualReturnYear10 9.30%
XML 51 R271.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Chemicals Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Chemicals Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 77% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 77.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 research, development, manufacture, or marketing of products or services related to the chemical process industries.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, or marketing of products or services related to the chemical process industries.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Chemicals Industry Concentration. The chemicals industry can be significantly affected by intense competition, product obsolescence, raw materials prices, and government regulation, and can be subject to risks associated with the production, handling, and disposal of hazardous components.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return22.72%September 30, 2010
Lowest Quarter Return-24.12%September 30, 2011
Year-to-Date Return-29.08%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Chemicals Portfolio | Chemicals Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.53%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.25%
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
2010 rr_AnnualReturn2010 30.73%
2011 rr_AnnualReturn2011 0.29%
2012 rr_AnnualReturn2012 30.01%
2013 rr_AnnualReturn2013 29.86%
2014 rr_AnnualReturn2014 4.56%
2015 rr_AnnualReturn2015 (5.10%)
2016 rr_AnnualReturn2016 17.98%
2017 rr_AnnualReturn2017 31.75%
2018 rr_AnnualReturn2018 (22.19%)
2019 rr_AnnualReturn2019 8.24%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (29.08%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2010
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.72%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.12%)
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Chemicals Portfolio | Return Before Taxes | Chemicals Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Chemicals Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 8.24%
Past 5 years rr_AverageAnnualReturnYear05 4.44%
Past 10 years rr_AverageAnnualReturnYear10 11.14%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Chemicals Portfolio | After Taxes on Distributions | Chemicals Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Chemicals Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 6.59%
Past 5 years rr_AverageAnnualReturnYear05 2.39%
Past 10 years rr_AverageAnnualReturnYear10 9.62%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Chemicals Portfolio | After Taxes on Distributions and Sales | Chemicals Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Chemicals Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 6.13%
Past 5 years rr_AverageAnnualReturnYear05 3.25%
Past 10 years rr_AverageAnnualReturnYear10 9.03%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Chemicals Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Chemicals Portfolio | MSCI U.S. IMI Chemicals 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 19.69%
Past 5 years rr_AverageAnnualReturnYear05 7.20%
Past 10 years rr_AverageAnnualReturnYear10 12.46%
XML 52 R279.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 | Materials Portfolio
<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>Materials Portfolio</b>/Materials Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Materials Portfolio}
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15
Materials Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Materials Portfolio}
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15
Materials Portfolio
Materials Portfolio
Management fee 0.53%
Distribution and/or Service (12b-1) fees none
Other expenses 0.27%
Total annual operating expenses 0.80%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Materials Portfolio}
02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15
Materials Portfolio
Materials Portfolio
USD ($)
1 year $ 82
3 years 255
5 years 444
10 years $ 990
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 69% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, mining, processing, or distribution of raw materials and intermediate goods.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Materials Industry Concentration. The materials industries can be significantly affected by the level and volatility of commodity prices, the exchange value of the dollar, import and export controls, worldwide competition, liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return20.90%December 31, 2010
Lowest Quarter Return-25.30%September 30, 2011
Year-to-Date Return-26.30%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Materials Portfolio} - 02.28 Select Portfolios: Group 8 Materials Sector Retail Combo PRO-15 - Materials Portfolio
Past 1 year
Past 5 years
Past 10 years
Materials Portfolio | Return Before Taxes 12.40% 2.07% 6.67%
Materials Portfolio | After Taxes on Distributions 12.08% 1.07% 5.74%
Materials Portfolio | After Taxes on Distributions and Sales 7.57% 1.59% 5.38%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Materials 25-50 Index(reflects no deduction for fees, expenses, or taxes) 23.80% 6.70% 9.30%
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Insurance Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Insurance Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 28% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 28.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 underwriting, reinsuring, selling, distributing, or placing of property and casualty, life, or health insurance.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in underwriting, reinsuring, selling, distributing, or placing of property and casualty, life, or health insurance.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Insurance Industry Concentration. The insurance industry is subject to extensive government regulation and can be significantly affected by interest rates, general economic conditions, and price and marketing competition. Different segments of the industry can be significantly affected by natural disasters, mortality and morbidity rates, and environmental clean-up.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return14.69%March 31, 2013
Lowest Quarter Return-17.60%September 30, 2011
Year-to-Date Return-29.18%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Insurance Portfolio | Insurance Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.53%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.28%
Total annual operating expenses rr_ExpensesOverAssets 0.81%
1 year rr_ExpenseExampleYear01 $ 83
3 years rr_ExpenseExampleYear03 259
5 years rr_ExpenseExampleYear05 450
10 years rr_ExpenseExampleYear10 $ 1,002
2010 rr_AnnualReturn2010 20.13%
2011 rr_AnnualReturn2011 (5.16%)
2012 rr_AnnualReturn2012 19.67%
2013 rr_AnnualReturn2013 43.80%
2014 rr_AnnualReturn2014 9.90%
2015 rr_AnnualReturn2015 3.47%
2016 rr_AnnualReturn2016 18.17%
2017 rr_AnnualReturn2017 15.38%
2018 rr_AnnualReturn2018 (11.24%)
2019 rr_AnnualReturn2019 30.03%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (29.18%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2013
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 14.69%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.60%)
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Insurance Portfolio | Return Before Taxes | Insurance Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Insurance Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 30.03%
Past 5 years rr_AverageAnnualReturnYear05 10.24%
Past 10 years rr_AverageAnnualReturnYear10 13.37%
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Insurance Portfolio | After Taxes on Distributions | Insurance Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Insurance Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 27.86%
Past 5 years rr_AverageAnnualReturnYear05 7.60%
Past 10 years rr_AverageAnnualReturnYear10 11.36%
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Insurance Portfolio | After Taxes on Distributions and Sales | Insurance Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Insurance Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 19.13%
Past 5 years rr_AverageAnnualReturnYear05 7.74%
Past 10 years rr_AverageAnnualReturnYear10 10.75%
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Insurance Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Insurance Portfolio | MSCI U.S. IMI Insurance 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 28.44%
Past 5 years rr_AverageAnnualReturnYear05 10.78%
Past 10 years rr_AverageAnnualReturnYear10 13.45%
XML 57 R237.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | IT Services Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>IT Services Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- IT Services Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
IT Services Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- IT Services Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
IT Services Portfolio
IT Services Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.19%
Total annual operating expenses 0.73%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- IT Services Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
IT Services Portfolio
IT Services Portfolio-Default
USD ($)
1 year $ 75
3 years 233
5 years 406
10 years $ 906
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in providing information technology services.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • IT Services Industry Concentration. The IT services industry can be significantly affected by competitive pressures, such as technological developments, fixed-rate pricing, and the ability to attract and retain skilled employees, and the success of companies in the industry is subject to continued demand for IT services.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return25.49%March 31, 2019
Lowest Quarter Return-17.05%December 31, 2018
Year-to-Date Return-16.20%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- IT Services Portfolio} - 02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 - IT Services Portfolio
Past 1 year
Past 5 years
Past 10 years
IT Services Portfolio-Default | Return Before Taxes 42.23% 18.81% 18.78%
IT Services Portfolio-Default | After Taxes on Distributions 41.45% 17.98% 17.98%
IT Services Portfolio-Default | After Taxes on Distributions and Sales 25.54% 15.10% 15.87%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Information Technology Services 25-50 Index(reflects no deduction for fees, expenses, or taxes) 41.01% 17.66% 17.13%
XML 58 R181.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Pharmaceuticals Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Pharmaceuticals Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Pharmaceuticals Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Pharmaceuticals Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Pharmaceuticals Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Pharmaceuticals Portfolio
Pharmaceuticals Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.24%
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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Pharmaceuticals Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Pharmaceuticals Portfolio
Pharmaceuticals Portfolio-Default
USD ($)
1 year $ 80
3 years 249
5 years 433
10 years $ 966
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 52% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in companies engaged in the research, development, manufacture, sale, or distribution of pharmaceuticals and drugs of all types.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Pharmaceuticals Industry Concentration. The pharmaceuticals industry can be significantly affected by government approval of products and services, government regulation and reimbursement rates, patent expirations, and intense competition.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return17.28%December 31, 2019
Lowest Quarter Return-11.62%March 31, 2016
Year-to-Date Return-10.00%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Pharmaceuticals Portfolio} - 02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 - Pharmaceuticals Portfolio
Past 1 year
Past 5 years
Past 10 years
Pharmaceuticals Portfolio-Default | Return Before Taxes 31.63% 6.91% 13.96%
Pharmaceuticals Portfolio-Default | After Taxes on Distributions 28.96% 5.62% 12.51%
Pharmaceuticals Portfolio-Default | After Taxes on Distributions and Sales 20.28% 5.19% 11.37%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI North America IMI + ADR Custom Pharmaceuticals 25/50 Linked Index(reflects no deduction for fees, expenses, or taxes) 18.56% 4.80% 12.24%
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Total
02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 | Consumer Staples Portfolio
<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>Consumer Staples Portfolio</b>/Fidelity Advisor® Consumer Staples Fund A, M, C, I, Z</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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 27 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

<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>
Shareholder Fees {- Consumer Staples Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 - Consumer Staples Portfolio
Fidelity Advisor Consumer Staples Fund: Class A
Fidelity Advisor Consumer Staples Fund: Class M
Fidelity Advisor Consumer Staples Fund: Class C
Fidelity Advisor Consumer Staples Fund: Class I
Fidelity Advisor Consumer Staples Fund: Class Z
Maximum sales charge (load) on purchases (as a % of offering price) 5.75% 3.50% none 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 none
[1] Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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.
<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>
Annual Operating Expenses {- Consumer Staples Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 - Consumer Staples Portfolio
Fidelity Advisor Consumer Staples Fund: Class A
Fidelity Advisor Consumer Staples Fund: Class M
Fidelity Advisor Consumer Staples Fund: Class C
Fidelity Advisor Consumer Staples Fund: Class I
Fidelity Advisor Consumer Staples Fund: Class Z
Management fee 0.54% 0.54% 0.54% 0.54% 0.54%
Distribution and/or Service (12b-1) fees 0.25% 0.50% 1.00% none none
Other expenses 0.25% 0.27% 0.25% 0.22% 0.09%
Total annual operating expenses 1.04% 1.31% 1.79% 0.76% 0.63%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Consumer Staples Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 - Consumer Staples Portfolio - USD ($)
Fidelity Advisor Consumer Staples Fund: Class A
Fidelity Advisor Consumer Staples Fund: Class M
Fidelity Advisor Consumer Staples Fund: Class C
Fidelity Advisor Consumer Staples Fund: Class I
Fidelity Advisor Consumer Staples Fund: Class Z
1 year $ 675 $ 479 $ 282 $ 78 $ 64
3 years 887 751 563 243 202
5 years 1,116 1,043 970 422 351
10 years $ 1,773 $ 1,874 $ 2,105 $ 942 $ 786
<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Hold Shares</p>
Expense Example, No Redemption {- Consumer Staples Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 - Consumer Staples Portfolio - USD ($)
Fidelity Advisor Consumer Staples Fund: Class A
Fidelity Advisor Consumer Staples Fund: Class M
Fidelity Advisor Consumer Staples Fund: Class C
Fidelity Advisor Consumer Staples Fund: Class I
Fidelity Advisor Consumer Staples Fund: Class Z
1 Year $ 675 $ 479 $ 182 $ 78 $ 64
3 Years 887 751 563 243 202
5 Years 1,116 1,043 970 422 351
10 Years $ 1,773 $ 1,874 $ 2,105 $ 942 $ 786
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 40% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture, sale, or distribution of consumer staples.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Consumer Staples Industry Concentration. The consumer staples industries can be significantly affected by demographics and product trends, competitive pricing, food fads, marketing campaigns, environmental factors, government regulation, the performance of the overall economy, interest rates, consumer confidence, and the cost of commodities.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return17.13%March 31, 2019
Lowest Quarter Return-10.60%December 31, 2018
Year-to-Date Return-16.65%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Consumer Staples Portfolio} - 02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 - Consumer Staples Portfolio
Past 1 year
Past 5 years
Past 10 years
Since Inception
[1]
Inception Date
Fidelity Advisor Consumer Staples Fund: Class A | Return Before Taxes 23.83% 3.94% 9.24%    
Fidelity Advisor Consumer Staples Fund: Class A | After Taxes on Distributions 23.09% 2.22% 7.86%    
Fidelity Advisor Consumer Staples Fund: Class A | After Taxes on Distributions and Sales 14.63% 2.85% 7.39%    
Fidelity Advisor Consumer Staples Fund: Class M | Return Before Taxes 26.45% 4.15% 9.20%    
Fidelity Advisor Consumer Staples Fund: Class C | Return Before Taxes 29.42% 4.40% 9.08%    
Fidelity Advisor Consumer Staples Fund: Class I | Return Before Taxes 31.75% 5.47% 10.18%    
Fidelity Advisor Consumer Staples Fund: Class Z | Return Before Taxes 31.93%   14.11% Oct. 02, 2018
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%    
MSCI U.S. IMI Consumer Staples 25-50 Index(reflects no deduction for fees, expenses, or taxes) 26.20% 8.03% 12.25%    
[1] Since inception October 2, 2018.
02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 | Consumer Staples Portfolio | Fidelity Advisor Consumer Staples Fund: Class A
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 | Consumer Staples Portfolio | Fidelity Advisor Consumer Staples Fund: Class M
Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
02.28 Select Portfolios: Fidelity Advisor Consumer Staples Fund - AMCIZ PRO-13 | Consumer Staples Portfolio | Fidelity Advisor Consumer Staples Fund: Class C
On Class C shares redeemed less than one year after purchase.

XML 61 R222.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Transportation Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Transportation Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 78% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 78.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • Normally investing primarily in common stocks.
  • Investing in domestic and foreign issuers.
  • Normally investing at least 80% of assets in securities of companies principally engaged in providing transportation services or companies principally engaged in the design, manufacture, distribution, or sale of transportation equipment.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in providing transportation services or companies principally engaged in the design, manufacture, distribution, or sale of transportation equipment.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Transportation Industry Concentration. The transportation industry can be significantly affected by changes in the economy, fuel prices, labor relations, insurance costs, and government regulation.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return20.72%March 31, 2010
Lowest Quarter Return-21.74%September 30, 2011
Year-to-Date Return-29.06%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Transportation Portfolio | Transportation Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.53%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual operating expenses rr_ExpensesOverAssets 0.79%
1 year rr_ExpenseExampleYear01 $ 81
3 years rr_ExpenseExampleYear03 252
5 years rr_ExpenseExampleYear05 439
10 years rr_ExpenseExampleYear10 $ 978
2010 rr_AnnualReturn2010 41.30%
2011 rr_AnnualReturn2011 (5.28%)
2012 rr_AnnualReturn2012 11.10%
2013 rr_AnnualReturn2013 48.35%
2014 rr_AnnualReturn2014 34.01%
2015 rr_AnnualReturn2015 (18.51%)
2016 rr_AnnualReturn2016 25.90%
2017 rr_AnnualReturn2017 22.20%
2018 rr_AnnualReturn2018 (10.93%)
2019 rr_AnnualReturn2019 18.39%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (29.06%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2010
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.72%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.74%)
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Transportation Portfolio | Return Before Taxes | Transportation Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Transportation Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 18.39%
Past 5 years rr_AverageAnnualReturnYear05 5.74%
Past 10 years rr_AverageAnnualReturnYear10 14.60%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Transportation Portfolio | After Taxes on Distributions | Transportation Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Transportation Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 17.30%
Past 5 years rr_AverageAnnualReturnYear05 4.32%
Past 10 years rr_AverageAnnualReturnYear10 13.42%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Transportation Portfolio | After Taxes on Distributions and Sales | Transportation Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Transportation Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 11.66%
Past 5 years rr_AverageAnnualReturnYear05 4.29%
Past 10 years rr_AverageAnnualReturnYear10 12.11%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Transportation Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Transportation Portfolio | MSCI U.S. IMI Transportation 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 22.79%
Past 5 years rr_AverageAnnualReturnYear05 6.15%
Past 10 years rr_AverageAnnualReturnYear10 14.21%
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Consumer Discretionary Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Consumer Discretionary Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 41% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 41.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 manufacture and distribution of consumer discretionary products and services.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture and distribution of consumer discretionary products and services.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Consumer Discretionary Industry Concentration. The consumer discretionary industries can be significantly affected by the performance of the overall economy, interest rates, competition, consumer confidence and spending, and changes in demographics and consumer tastes.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return17.82%March 31, 2012
Lowest Quarter Return-15.84%December 31, 2018
Year-to-Date Return-21.62%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Consumer Discretionary Portfolio | Consumer Discretionary Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.22%
Total annual operating expenses rr_ExpensesOverAssets 0.76%
1 year rr_ExpenseExampleYear01 $ 78
3 years rr_ExpenseExampleYear03 243
5 years rr_ExpenseExampleYear05 422
10 years rr_ExpenseExampleYear10 $ 942
2010 rr_AnnualReturn2010 31.24%
2011 rr_AnnualReturn2011 (1.66%)
2012 rr_AnnualReturn2012 21.12%
2013 rr_AnnualReturn2013 41.03%
2014 rr_AnnualReturn2014 10.21%
2015 rr_AnnualReturn2015 5.43%
2016 rr_AnnualReturn2016 4.35%
2017 rr_AnnualReturn2017 22.08%
2018 rr_AnnualReturn2018 (0.94%)
2019 rr_AnnualReturn2019 27.04%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (21.62%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.82%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (15.84%)
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Consumer Discretionary Portfolio | Return Before Taxes | Consumer Discretionary Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Consumer Discretionary Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 27.04%
Past 5 years rr_AverageAnnualReturnYear05 11.07%
Past 10 years rr_AverageAnnualReturnYear10 15.17%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Consumer Discretionary Portfolio | After Taxes on Distributions | Consumer Discretionary Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Consumer Discretionary Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 26.35%
Past 5 years rr_AverageAnnualReturnYear05 10.33%
Past 10 years rr_AverageAnnualReturnYear10 13.96%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Consumer Discretionary Portfolio | After Taxes on Distributions and Sales | Consumer Discretionary Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Consumer Discretionary Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 16.45%
Past 5 years rr_AverageAnnualReturnYear05 8.67%
Past 10 years rr_AverageAnnualReturnYear10 12.41%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Consumer Discretionary Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Consumer Discretionary Portfolio | MSCI U.S. IMI Consumer Discretionary 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 27.65%
Past 5 years rr_AverageAnnualReturnYear05 12.09%
Past 10 years rr_AverageAnnualReturnYear10 16.80%
XML 64 R69.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 | Retailing Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Retailing Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Retailing Portfolio}
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16
Retailing Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Retailing Portfolio}
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16
Retailing Portfolio
Retailing Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.20%
Total annual operating expenses 0.74%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Retailing Portfolio}
02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16
Retailing Portfolio
Retailing Portfolio-Default
USD ($)
1 year $ 76
3 years 237
5 years 411
10 years $ 918
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 17% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in merchandising finished goods and services primarily to individual consumers.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Retail Industry Concentration. The retail industry can be significantly affected by consumer confidence and spending, intense competition, and changing consumer tastes.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return20.23%March 31, 2012
Lowest Quarter Return-17.67%December 31, 2018
Year-to-Date Return-17.69%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Retailing Portfolio} - 02.28 Select Portfolios: Group 1 Consumer Discretionary Sector Combo PRO-16 - Retailing Portfolio
Past 1 year
Past 5 years
Past 10 years
Retailing Portfolio-Default | Return Before Taxes 26.32% 15.51% 18.54%
Retailing Portfolio-Default | After Taxes on Distributions 25.65% 15.00% 17.65%
Retailing Portfolio-Default | After Taxes on Distributions and Sales 16.01% 12.43% 15.57%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Retailing 25-50 Index(reflects no deduction for fees, expenses, or taxes) 24.95% 15.59% 18.72%
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Defense and Aerospace Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Defense and Aerospace Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 40% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 40.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 research, manufacture, or sale of products or services related to the defense or aerospace industries.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the research, manufacture, or sale of products or services related to the defense or aerospace industries.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Defense and Aerospace Industry Concentration. The defense and aerospace industry can be significantly affected by government defense and aerospace regulation and spending policies.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return17.20%March 31, 2019
Lowest Quarter Return-19.70%December 31, 2018
Year-to-Date Return-32.77%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Defense and Aerospace Portfolio | Defense and Aerospace Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual operating expenses rr_ExpensesOverAssets 0.75%
1 year rr_ExpenseExampleYear01 $ 77
3 years rr_ExpenseExampleYear03 240
5 years rr_ExpenseExampleYear05 417
10 years rr_ExpenseExampleYear10 $ 930
2010 rr_AnnualReturn2010 21.88%
2011 rr_AnnualReturn2011 7.33%
2012 rr_AnnualReturn2012 13.51%
2013 rr_AnnualReturn2013 48.14%
2014 rr_AnnualReturn2014 2.92%
2015 rr_AnnualReturn2015 3.60%
2016 rr_AnnualReturn2016 17.89%
2017 rr_AnnualReturn2017 34.21%
2018 rr_AnnualReturn2018 (6.74%)
2019 rr_AnnualReturn2019 33.74%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (32.77%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2019
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 17.20%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (19.70%)
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Defense and Aerospace Portfolio | Return Before Taxes | Defense and Aerospace Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Defense and Aerospace Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 33.74%
Past 5 years rr_AverageAnnualReturnYear05 15.37%
Past 10 years rr_AverageAnnualReturnYear10 16.56%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Defense and Aerospace Portfolio | After Taxes on Distributions | Defense and Aerospace Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Defense and Aerospace Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 32.93%
Past 5 years rr_AverageAnnualReturnYear05 13.88%
Past 10 years rr_AverageAnnualReturnYear10 15.41%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Defense and Aerospace Portfolio | After Taxes on Distributions and Sales | Defense and Aerospace Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Defense and Aerospace Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 20.56%
Past 5 years rr_AverageAnnualReturnYear05 12.04%
Past 10 years rr_AverageAnnualReturnYear10 13.77%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Defense and Aerospace Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Defense and Aerospace Portfolio | MSCI U.S. IMI Aerospace & Defense 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 34.05%
Past 5 years rr_AverageAnnualReturnYear05 17.53%
Past 10 years rr_AverageAnnualReturnYear10 18.79%
XML 68 R209.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Industrials Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Industrials Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Industrials Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Industrials Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Industrials Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Industrials Portfolio
Industrials Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.22%
Total annual operating expenses 0.76%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Industrials Portfolio}
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10
Industrials Portfolio
Industrials Portfolio-Default
USD ($)
1 year $ 78
3 years 243
5 years 422
10 years $ 942
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 143% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, distribution, supply, or sale of industrial products, services, or equipment.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Industrials Industry Concentration. Industrial industries can be significantly affected by general economic trends, changes in consumer sentiment and spending, commodity prices, legislation, government regulation and spending, import controls, worldwide competition, and liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.
  • High Portfolio Turnover. High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return17.89%March 31, 2019
Lowest Quarter Return-22.42%September 30, 2011
Year-to-Date Return-28.64%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Industrials Portfolio} - 02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 - Industrials Portfolio
Past 1 year
Past 5 years
Past 10 years
Industrials Portfolio-Default | Return Before Taxes 27.99% 8.08% 12.53%
Industrials Portfolio-Default | After Taxes on Distributions 26.77% 6.64% 11.20%
Industrials Portfolio-Default | After Taxes on Distributions and Sales 17.44% 6.16% 10.19%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Industrials 25-50 Index(reflects no deduction for fees, expenses, or taxes) 30.28% 9.65% 13.61%
XML 69 R194.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Air Transportation Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Air Transportation Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 95% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 95.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 regional, national, and international movement of passengers, mail, and freight via aircraft.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the regional, national, and international movement of passengers, mail, and freight via aircraft.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Air Transportation Industry Concentration. The air transportation industry can be significantly affected by competition within the industry, domestic and foreign economies, government regulation, labor relations, the price of fuel, and geopolitical developments.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return21.51%March 31, 2010
Lowest Quarter Return-17.00%December 31, 2018
Year-to-Date Return-42.40%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Air Transportation Portfolio | Air Transportation Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.27%
Total annual operating expenses rr_ExpensesOverAssets 0.81%
1 year rr_ExpenseExampleYear01 $ 83
3 years rr_ExpenseExampleYear03 259
5 years rr_ExpenseExampleYear05 450
10 years rr_ExpenseExampleYear10 $ 1,002
2010 rr_AnnualReturn2010 33.37%
2011 rr_AnnualReturn2011 (6.07%)
2012 rr_AnnualReturn2012 19.16%
2013 rr_AnnualReturn2013 50.65%
2014 rr_AnnualReturn2014 28.08%
2015 rr_AnnualReturn2015 (8.61%)
2016 rr_AnnualReturn2016 20.03%
2017 rr_AnnualReturn2017 24.32%
2018 rr_AnnualReturn2018 (12.46%)
2019 rr_AnnualReturn2019 21.00%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (42.40%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2010
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 21.51%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.00%)
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Air Transportation Portfolio | Return Before Taxes | Air Transportation Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Air Transportation Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 21.00%
Past 5 years rr_AverageAnnualReturnYear05 7.63%
Past 10 years rr_AverageAnnualReturnYear10 15.32%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Air Transportation Portfolio | After Taxes on Distributions | Air Transportation Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Air Transportation Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 18.51%
Past 5 years rr_AverageAnnualReturnYear05 5.61%
Past 10 years rr_AverageAnnualReturnYear10 13.84%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Air Transportation Portfolio | After Taxes on Distributions and Sales | Air Transportation Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Air Transportation Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 14.07%
Past 5 years rr_AverageAnnualReturnYear05 5.68%
Past 10 years rr_AverageAnnualReturnYear10 12.69%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Air Transportation Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 6 Industrials Sector Combo PRO-10 | Air Transportation Portfolio | Nasdaq North America Air Transportation Linked Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 24.19%
Past 5 years rr_AverageAnnualReturnYear05 9.58%
Past 10 years rr_AverageAnnualReturnYear10 15.51%
XML 70 R160.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 | Health Care Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Health Care Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Health Care Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Health Care Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Health Care Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Health Care Portfolio
Health Care Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.16%
Total annual operating expenses 0.70%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Health Care Portfolio}
02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13
Health Care Portfolio
Health Care Portfolio-Default
USD ($)
1 year $ 72
3 years 224
5 years 390
10 years $ 871
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 36% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in the design, manufacture, or sale of products or services used for or in connection with health care or medicine.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Health Care Industry Concentration. The health care industries are subject to government regulation and reimbursement rates, as well as government approval of products and services, which could have a significant effect on price and availability, and can be significantly affected by product liability claims, rapid obsolescence, and patent expirations.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return22.15%December 31, 2019
Lowest Quarter Return-15.01%December 31, 2018
Year-to-Date Return-11.05%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Health Care Portfolio} - 02.28 Select Portfolios: Group 5 Health Care Sector Combo PRO-13 - Health Care Portfolio
Past 1 year
Past 5 years
Past 10 years
Health Care Portfolio-Default | Return Before Taxes 31.46% 10.77% 18.15%
Health Care Portfolio-Default | After Taxes on Distributions 31.04% 9.42% 16.30%
Health Care Portfolio-Default | After Taxes on Distributions and Sales 18.92% 8.17% 14.80%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Health Care 25-50 Index(reflects no deduction for fees, expenses, or taxes) 22.03% 10.54% 15.26%
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Technology Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Technology Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 32% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 32.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Technology Industry Concentration. The technology industries can be significantly affected by obsolescence of existing technology, short product cycles, falling prices and profits, competition from new market entrants, and general economic conditions.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return22.17%March 31, 2012
Lowest Quarter Return-22.49%December 31, 2018
Year-to-Date Return-11.46%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Technology Portfolio | Technology Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.17%
Total annual operating expenses rr_ExpensesOverAssets 0.71%
1 year rr_ExpenseExampleYear01 $ 73
3 years rr_ExpenseExampleYear03 227
5 years rr_ExpenseExampleYear05 395
10 years rr_ExpenseExampleYear10 $ 883
2010 rr_AnnualReturn2010 26.69%
2011 rr_AnnualReturn2011 (9.56%)
2012 rr_AnnualReturn2012 17.16%
2013 rr_AnnualReturn2013 31.76%
2014 rr_AnnualReturn2014 10.65%
2015 rr_AnnualReturn2015 7.40%
2016 rr_AnnualReturn2016 11.94%
2017 rr_AnnualReturn2017 49.86%
2018 rr_AnnualReturn2018 (8.79%)
2019 rr_AnnualReturn2019 51.07%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (11.46%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.17%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (22.49%)
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Technology Portfolio | Return Before Taxes | Technology Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Technology Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 51.07%
Past 5 years rr_AverageAnnualReturnYear05 19.94%
Past 10 years rr_AverageAnnualReturnYear10 17.13%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Technology Portfolio | After Taxes on Distributions | Technology Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Technology Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 50.40%
Past 5 years rr_AverageAnnualReturnYear05 17.64%
Past 10 years rr_AverageAnnualReturnYear10 15.09%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Technology Portfolio | After Taxes on Distributions and Sales | Technology Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Technology Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 30.70%
Past 5 years rr_AverageAnnualReturnYear05 15.45%
Past 10 years rr_AverageAnnualReturnYear10 13.63%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Technology Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Technology Portfolio | MSCI U.S. IMI Information Technology 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 48.85%
Past 5 years rr_AverageAnnualReturnYear05 19.53%
Past 10 years rr_AverageAnnualReturnYear10 17.26%

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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | IT Services Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>IT Services Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 providing information technology services.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in providing information technology services.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • IT Services Industry Concentration. The IT services industry can be significantly affected by competitive pressures, such as technological developments, fixed-rate pricing, and the ability to attract and retain skilled employees, and the success of companies in the industry is subject to continued demand for IT services.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return25.49%March 31, 2019
Lowest Quarter Return-17.05%December 31, 2018
Year-to-Date Return-16.20%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | IT Services Portfolio | IT Services Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.19%
Total annual operating expenses rr_ExpensesOverAssets 0.73%
1 year rr_ExpenseExampleYear01 $ 75
3 years rr_ExpenseExampleYear03 233
5 years rr_ExpenseExampleYear05 406
10 years rr_ExpenseExampleYear10 $ 906
2010 rr_AnnualReturn2010 18.45%
2011 rr_AnnualReturn2011 2.25%
2012 rr_AnnualReturn2012 19.82%
2013 rr_AnnualReturn2013 53.12%
2014 rr_AnnualReturn2014 6.28%
2015 rr_AnnualReturn2015 13.13%
2016 rr_AnnualReturn2016 5.19%
2017 rr_AnnualReturn2017 34.25%
2018 rr_AnnualReturn2018 4.19%
2019 rr_AnnualReturn2019 42.23%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (16.20%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2019
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 25.49%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.05%)
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | IT Services Portfolio | Return Before Taxes | IT Services Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName IT Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 42.23%
Past 5 years rr_AverageAnnualReturnYear05 18.81%
Past 10 years rr_AverageAnnualReturnYear10 18.78%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | IT Services Portfolio | After Taxes on Distributions | IT Services Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName IT Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 41.45%
Past 5 years rr_AverageAnnualReturnYear05 17.98%
Past 10 years rr_AverageAnnualReturnYear10 17.98%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | IT Services Portfolio | After Taxes on Distributions and Sales | IT Services Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName IT Services Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 25.54%
Past 5 years rr_AverageAnnualReturnYear05 15.10%
Past 10 years rr_AverageAnnualReturnYear10 15.87%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | IT Services Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | IT Services Portfolio | MSCI U.S. IMI Information Technology Services 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 41.01%
Past 5 years rr_AverageAnnualReturnYear05 17.66%
Past 10 years rr_AverageAnnualReturnYear10 17.13%

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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Semiconductors Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Semiconductors Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 114% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 114.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 design, manufacture, or sale of semiconductors and semiconductor equipment.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Electronics Industry Concentration. The electronics industry can be significantly affected by rapid obsolescence, intense competition, and global demand.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.
  • High Portfolio Turnover. High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return23.64%March 31, 2012
Lowest Quarter Return-16.86%September 30, 2011
Year-to-Date Return-20.13%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Semiconductors Portfolio | Semiconductors Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.18%
Total annual operating expenses rr_ExpensesOverAssets 0.72%
1 year rr_ExpenseExampleYear01 $ 74
3 years rr_ExpenseExampleYear03 230
5 years rr_ExpenseExampleYear05 401
10 years rr_ExpenseExampleYear10 $ 894
2010 rr_AnnualReturn2010 16.84%
2011 rr_AnnualReturn2011 (8.49%)
2012 rr_AnnualReturn2012 3.60%
2013 rr_AnnualReturn2013 39.18%
2014 rr_AnnualReturn2014 38.37%
2015 rr_AnnualReturn2015 2.24%
2016 rr_AnnualReturn2016 32.38%
2017 rr_AnnualReturn2017 35.06%
2018 rr_AnnualReturn2018 (11.75%)
2019 rr_AnnualReturn2019 64.46%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (20.13%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 23.64%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (16.86%)
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Semiconductors Portfolio | Return Before Taxes | Semiconductors Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Semiconductors Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 64.46%
Past 5 years rr_AverageAnnualReturnYear05 21.55%
Past 10 years rr_AverageAnnualReturnYear10 18.92%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Semiconductors Portfolio | After Taxes on Distributions | Semiconductors Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Semiconductors Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 63.18%
Past 5 years rr_AverageAnnualReturnYear05 17.45%
Past 10 years rr_AverageAnnualReturnYear10 16.75%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Semiconductors Portfolio | After Taxes on Distributions and Sales | Semiconductors Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Semiconductors Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 39.07%
Past 5 years rr_AverageAnnualReturnYear05 15.72%
Past 10 years rr_AverageAnnualReturnYear10 15.20%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Semiconductors Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Semiconductors Portfolio | MSCI U.S. IMI Semiconductors & Semiconductor Equipment 25-50 Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 55.25%
Past 5 years rr_AverageAnnualReturnYear05 20.18%
Past 10 years rr_AverageAnnualReturnYear10 17.45%
XML 79 R17.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <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>Gold Portfolio</b>/Fidelity Advisor® Gold Fund A, M, C, I, Z</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes 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 29 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption <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>
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 56% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 56.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts <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 29 of the prospectus.</font>
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Hold Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
  • Normally investing primarily in common stocks and in certain precious metals.
  • Investing primarily in companies engaged in exploration, mining, processing, or dealing in gold, or to a lesser degree, in silver, platinum, diamonds, or other precious metals and minerals.
  • Normally investing at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins.
  • Investing up to 25% of assets in gold and other precious metals through a wholly-owned subsidiary organized under the laws of the Cayman Islands.
  • Potentially investing in other precious metals, instruments whose value is linked to the price of precious metals, and securities of companies that manufacture and distribute precious metal and minerals products (such as jewelry, watches, and metal foil and leaf) and companies that invest in other companies engaged in gold and other precious metal and mineral-related activities.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in gold-related activities, and in gold bullion or coins.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Geographic Concentration in Canada. Because an underlying fund concentrates its investments in Canada, the underlying fund's performance is expected to be closely tied to social, political, and economic conditions within Canada and to be more volatile than the performance of more geographically diversified funds. In addition, because the underlying fund may invest a significant percentage of assets in certain industries, the underlying fund's performance could be affected to the extent that the particular industry or industries in which the fund invests are sensitive to adverse social, political, economic, currency, or regulatory developments.
  • Gold Industry Concentration. The gold industry can be significantly affected by international monetary and political developments such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries, as well as supply and demand for gold and operational costs associated with mining.
  • Subsidiary Risk. Investment in Fidelity Select Gold Cayman Ltd., an unregistered subsidiary, is not subject to the investor protections of the Investment Company Act of 1940 (1940 Act) and is subject to the risks associated with the gold industry. Changes in tax and other laws could negatively affect investments in the subsidiary.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the 1940 Act, which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the 1940 Act, which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">institutional.fidelity.com</font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
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 <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart for Class A:ReturnsQuarter ended
Highest Quarter Return40.94%March 31, 2016
Lowest Quarter Return-37.42%June 30, 2013
Year-to-Date Return-19.14%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Does Reflect Sales Loads rr_PerformanceTableDoesReflectSalesLoads <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>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Fidelity Advisor Gold 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]
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.34%
Total annual operating expenses rr_ExpensesOverAssets 1.13%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
1 year rr_ExpenseExampleYear01 $ 684
3 years rr_ExpenseExampleYear03 913
5 years rr_ExpenseExampleYear05 1,161
10 years rr_ExpenseExampleYear10 1,871
1 Year rr_ExpenseExampleNoRedemptionYear01 684
3 Years rr_ExpenseExampleNoRedemptionYear03 913
5 Years rr_ExpenseExampleNoRedemptionYear05 1,161
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,871
2010 rr_AnnualReturn2010 34.92%
2011 rr_AnnualReturn2011 (16.56%)
2012 rr_AnnualReturn2012 (12.63%)
2013 rr_AnnualReturn2013 (51.54%)
2014 rr_AnnualReturn2014 (8.83%)
2015 rr_AnnualReturn2015 (18.07%)
2016 rr_AnnualReturn2016 46.80%
2017 rr_AnnualReturn2017 8.28%
2018 rr_AnnualReturn2018 (13.28%)
2019 rr_AnnualReturn2019 35.05%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (19.14%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2016
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 40.94%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (37.42%)
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Fidelity Advisor Gold Fund: Class M  
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]
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other expenses rr_OtherExpensesOverAssets 0.38%
Total annual operating expenses rr_ExpensesOverAssets 1.42%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% or 0.25%, respectively.
1 year rr_ExpenseExampleYear01 $ 489
3 years rr_ExpenseExampleYear03 784
5 years rr_ExpenseExampleYear05 1,099
10 years rr_ExpenseExampleYear10 1,992
1 Year rr_ExpenseExampleNoRedemptionYear01 489
3 Years rr_ExpenseExampleNoRedemptionYear03 784
5 Years rr_ExpenseExampleNoRedemptionYear05 1,099
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,992
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Fidelity Advisor Gold 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]
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual operating expenses rr_ExpensesOverAssets 1.80%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock On Class C shares redeemed less than one year after purchase.
1 year rr_ExpenseExampleYear01 $ 283
3 years rr_ExpenseExampleYear03 566
5 years rr_ExpenseExampleYear05 975
10 years rr_ExpenseExampleYear10 2,116
1 Year rr_ExpenseExampleNoRedemptionYear01 183
3 Years rr_ExpenseExampleNoRedemptionYear03 566
5 Years rr_ExpenseExampleNoRedemptionYear05 975
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,116
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Fidelity Advisor Gold Fund: Class I  
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
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.25%
Total annual operating expenses rr_ExpensesOverAssets 0.79%
1 year rr_ExpenseExampleYear01 $ 81
3 years rr_ExpenseExampleYear03 252
5 years rr_ExpenseExampleYear05 439
10 years rr_ExpenseExampleYear10 978
1 Year rr_ExpenseExampleNoRedemptionYear01 81
3 Years rr_ExpenseExampleNoRedemptionYear03 252
5 Years rr_ExpenseExampleNoRedemptionYear05 439
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 978
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Fidelity Advisor Gold Fund: Class Z  
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
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.11%
Total annual operating expenses rr_ExpensesOverAssets 0.65%
1 year rr_ExpenseExampleYear01 $ 66
3 years rr_ExpenseExampleYear03 208
5 years rr_ExpenseExampleYear05 362
10 years rr_ExpenseExampleYear10 810
1 Year rr_ExpenseExampleNoRedemptionYear01 66
3 Years rr_ExpenseExampleNoRedemptionYear03 208
5 Years rr_ExpenseExampleNoRedemptionYear05 362
10 Years rr_ExpenseExampleNoRedemptionYear10 $ 810
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Return Before Taxes | Fidelity Advisor Gold Fund: Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class A - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 27.29%
Past 5 years rr_AverageAnnualReturnYear05 7.53%
Past 10 years rr_AverageAnnualReturnYear10 (4.60%)
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Return Before Taxes | Fidelity Advisor Gold Fund: Class M  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class M - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 29.92%
Past 5 years rr_AverageAnnualReturnYear05 7.72%
Past 10 years rr_AverageAnnualReturnYear10 (4.64%)
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Return Before Taxes | Fidelity Advisor Gold Fund: Class C  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class C - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 33.09%
Past 5 years rr_AverageAnnualReturnYear05 8.06%
Past 10 years rr_AverageAnnualReturnYear10 (4.71%)
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Return Before Taxes | Fidelity Advisor Gold Fund: Class I  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class I - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 35.50%
Past 5 years rr_AverageAnnualReturnYear05 9.16%
Past 10 years rr_AverageAnnualReturnYear10 (3.71%)
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | Return Before Taxes | Fidelity Advisor Gold Fund: Class Z  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Class Z - Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 35.74%
Past 10 years rr_AverageAnnualReturnYear10
Since Inception rr_AverageAnnualReturnSinceInception 36.65% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 02, 2018
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | After Taxes on Distributions | Fidelity Advisor Gold Fund: Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 27.28%
Past 5 years rr_AverageAnnualReturnYear05 7.25%
Past 10 years rr_AverageAnnualReturnYear10 (5.04%)
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | After Taxes on Distributions and Sales | Fidelity Advisor Gold Fund: Class A  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Gold Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 16.24%
Past 5 years rr_AverageAnnualReturnYear05 5.80%
Past 10 years rr_AverageAnnualReturnYear10 (3.17%)
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Fidelity Advisor Gold Fund - AMCIZ PRO-12 | Gold Portfolio | S&P® Global BMI Gold Capped 20/45 Linked Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 45.04%
Past 5 years rr_AverageAnnualReturnYear05 13.19%
Past 10 years rr_AverageAnnualReturnYear10 (2.52%)
[1] Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M 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] Since inception October 2, 2018.
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Total
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Financial Services Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Financial Services Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Financial Services Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Financial Services Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Financial Services Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Financial Services Portfolio
Financial Services Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.23%
Total annual operating expenses 0.77%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Financial Services Portfolio}
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15
Financial Services Portfolio
Financial Services Portfolio-Default
USD ($)
1 year $ 79
3 years 246
5 years 428
10 years $ 954
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 61% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in providing financial services to consumers and industry.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Financials Industry Concentration. The financials industries are subject to extensive government regulation, can be subject to relatively rapid change due to increasingly blurred distinctions between service segments, and can be significantly affected by availability and cost of capital funds, changes in interest rates, the rate of corporate and consumer debt defaults, and price competition.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return23.10%March 31, 2012
Lowest Quarter Return-23.01%September 30, 2011
Year-to-Date Return-34.99%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Financial Services Portfolio} - 02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 - Financial Services Portfolio
Past 1 year
Past 5 years
Past 10 years
Financial Services Portfolio-Default | Return Before Taxes 34.24% 9.27% 9.59%
Financial Services Portfolio-Default | After Taxes on Distributions 32.55% 8.03% 8.85%
Financial Services Portfolio-Default | After Taxes on Distributions and Sales 21.47% 7.15% 7.77%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI US IMI Financials 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes) 31.39% 10.84% 12.20%
XML 81 R131.htm IDEA: XBRL DOCUMENT v3.20.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Prospectus Date rr_ProspectusDate Apr. 29, 2020
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Brokerage and Investment Management Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Brokerage and Investment Management Portfolio</p>
Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund seeks capital appreciation.

Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
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 <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"></p>
(fees paid directly from your investment) rr_ShareholderFeeOther none
Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
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 9% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 9.00%
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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
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 exchange of financial instruments, stock brokerage, commodity brokerage, investment banking, tax-advantaged investment or investment sales, investment management, or related investment advisory and financial decision support services.
  • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the exchange of financial instruments, stock brokerage, commodity brokerage, investment banking, tax-advantaged investment or investment sales, investment management, or related investment advisory and financial decision support services.</font>
Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
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.
  • Brokerage and Investment Management Industry Concentration. The brokerage and investment management industry can be significantly affected by stock and bond market activity, changes in regulations, brokerage commission structure, and a competitive environment combined with the high operating leverage inherent in companies in this 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
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 <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>
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
Bar Chart [Heading] rr_BarChartHeading <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>
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return21.95%March 31, 2012
Lowest Quarter Return-23.45%September 30, 2011
Year-to-Date Return-20.86%March 31, 2020
Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
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, 2019

02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Brokerage and Investment Management Portfolio | Brokerage and Investment Management Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Management fee rr_ManagementFeesOverAssets 0.54%
Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.23%
Total annual operating expenses rr_ExpensesOverAssets 0.77%
1 year rr_ExpenseExampleYear01 $ 79
3 years rr_ExpenseExampleYear03 246
5 years rr_ExpenseExampleYear05 428
10 years rr_ExpenseExampleYear10 $ 954
2010 rr_AnnualReturn2010 11.20%
2011 rr_AnnualReturn2011 (22.84%)
2012 rr_AnnualReturn2012 28.31%
2013 rr_AnnualReturn2013 48.87%
2014 rr_AnnualReturn2014 5.24%
2015 rr_AnnualReturn2015 (9.71%)
2016 rr_AnnualReturn2016 6.70%
2017 rr_AnnualReturn2017 29.94%
2018 rr_AnnualReturn2018 (15.02%)
2019 rr_AnnualReturn2019 31.60%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (20.86%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 21.95%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.45%)
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Brokerage and Investment Management Portfolio | Return Before Taxes | Brokerage and Investment Management Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Brokerage and Investment Management Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
Past 1 year rr_AverageAnnualReturnYear01 31.60%
Past 5 years rr_AverageAnnualReturnYear05 6.96%
Past 10 years rr_AverageAnnualReturnYear10 9.22%
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Brokerage and Investment Management Portfolio | After Taxes on Distributions | Brokerage and Investment Management Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Brokerage and Investment Management Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
Past 1 year rr_AverageAnnualReturnYear01 30.24%
Past 5 years rr_AverageAnnualReturnYear05 5.54%
Past 10 years rr_AverageAnnualReturnYear10 8.31%
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Brokerage and Investment Management Portfolio | After Taxes on Distributions and Sales | Brokerage and Investment Management Portfolio-Default  
Risk/Return: rr_RiskReturnAbstract  
Column rr_AverageAnnualReturnColumnName Brokerage and Investment Management Portfolio
Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
Past 1 year rr_AverageAnnualReturnYear01 19.58%
Past 5 years rr_AverageAnnualReturnYear05 5.17%
Past 10 years rr_AverageAnnualReturnYear10 7.38%
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Brokerage and Investment Management Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.49%
Past 5 years rr_AverageAnnualReturnYear05 11.70%
Past 10 years rr_AverageAnnualReturnYear10 13.56%
02.28 Select Portfolios: Group 4 Financials Sector Combo PRO-15 | Brokerage and Investment Management Portfolio | MSCI U.S. IMI Capital Markets 5% Capped Linked Index(reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Past 1 year rr_AverageAnnualReturnYear01 31.60%
Past 5 years rr_AverageAnnualReturnYear05 7.36%
Past 10 years rr_AverageAnnualReturnYear10 9.83%
XML 82 R258.htm IDEA: XBRL DOCUMENT v3.20.1
Total
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 | Technology Portfolio
<p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Technology Portfolio</p>
<font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>

The fund seeks capital appreciation.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>

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

<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"></p>
Shareholder Fees {- Technology Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
Technology Portfolio
USD ($)
(fees paid directly from your investment) none
<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>
Annual Operating Expenses {- Technology Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
Technology Portfolio
Technology Portfolio-Default
Management fee 0.54%
Distribution and/or Service (12b-1) fees none
Other expenses 0.17%
Total annual operating expenses 0.71%

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:

<p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
Expense Example {- Technology Portfolio}
02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16
Technology Portfolio
Technology Portfolio-Default
USD ($)
1 year $ 73
3 years 227
5 years 395
10 years $ 883
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>

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 32% of the average value of its portfolio.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
  • Normally investing primarily in common stocks.
  • Normally investing at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.
  • 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.
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
  • 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.
  • Technology Industry Concentration. The technology industries can be significantly affected by obsolescence of existing technology, short product cycles, falling prices and profits, competition from new market entrants, and general economic conditions.
  • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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.

<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>

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.

<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>
Bar Chart
During the periods shown in the chart:ReturnsQuarter ended
Highest Quarter Return22.17%March 31, 2012
Lowest Quarter Return-22.49%December 31, 2018
Year-to-Date Return-11.46%March 31, 2020
<font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>

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, 2019

Average Annual Total Returns{- Technology Portfolio} - 02.28 Select Portfolios: Group 7 Information Technology Sector Combo PRO-16 - Technology Portfolio
Past 1 year
Past 5 years
Past 10 years
Technology Portfolio-Default | Return Before Taxes 51.07% 19.94% 17.13%
Technology Portfolio-Default | After Taxes on Distributions 50.40% 17.64% 15.09%
Technology Portfolio-Default | After Taxes on Distributions and Sales 30.70% 15.45% 13.63%
S&P 500® Index(reflects no deduction for fees, expenses, or taxes) 31.49% 11.70% 13.56%
MSCI U.S. IMI Information Technology 25-50 Index(reflects no deduction for fees, expenses, or taxes) 48.85% 19.53% 17.26%
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    Label Element Value
    Risk/Return: rr_RiskReturnAbstract  
    Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
    Prospectus Date rr_ProspectusDate Apr. 29, 2020
    02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Gas Portfolio  
    Risk/Return: rr_RiskReturnAbstract  
    Risk/Return [Heading] rr_RiskReturnHeading <p style="font: bold 20pt Arial, Helvetica, sans-serif;">Fund Summary</p><p style="font: bold 12pt Arial, Helvetica, sans-serif;">Fund:<br/>Natural Gas Portfolio</p>
    Objective [Heading] rr_ObjectiveHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;">Investment Objective</font>
    Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

    The fund seeks capital appreciation.

    Expense [Heading] rr_ExpenseHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Fee Table</b></font>
    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 <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"></p>
    (fees paid directly from your investment) rr_ShareholderFeeOther none
    Operating Expenses Caption [Text] rr_OperatingExpensesCaption <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>
    Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Portfolio Turnover</b></font>
    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 87% of the average value of its portfolio.

    Portfolio Turnover, Rate rr_PortfolioTurnoverRate 87.00%
    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 <p style="font: bold 9pt Arial, sans-serif; margin-top: 0px">Sell All Shares</p>
    Strategy [Heading] rr_StrategyHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Strategies</b></font>
    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 production, transmission, and distribution of natural gas, and involved in the exploration of potential natural gas sources, as well as those companies that provide services and equipment to natural gas producers, refineries, cogeneration facilities, converters, and distributors.
    • 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 <font style="FONT-FAMILY: Times New Roman" size="3">Normally investing at least 80% of assets in securities of companies principally engaged in the production, transmission, and distribution of natural gas, and involved in the exploration of potential natural gas sources, as well as those companies that provide services and equipment to natural gas producers, refineries, cogeneration facilities, converters, and distributors.</font>
    Risk [Heading] rr_RiskHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Principal Investment Risks</b></font>
    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.
    • Natural Gas Industry Concentration. The natural gas industry is subject to changes in price and supply of energy sources and can be significantly affected by events relating to international politics, energy conservation, the success of energy source exploration projects, and tax and other government regulations.
    • 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. The value of securities of smaller issuers can be more volatile than that of larger issuers.

    In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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 <font style="FONT-FAMILY: Times New Roman" size="3">You could lose money by investing in the fund.</font>
    Risk Nondiversified Status [Text] rr_RiskNondiversifiedStatus <font style="FONT-FAMILY: Times New Roman" size="3">In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to 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>
    Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution <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>
    Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Performance</b></font>
    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 <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>
    Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress <font style="FONT-FAMILY: Times New Roman" size="3">www.fidelity.com </font>
    Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture <font style="FONT-FAMILY: Times New Roman" size="3">Past performance (before and after taxes) is not an indication of future performance.</font>
    Bar Chart [Heading] rr_BarChartHeading <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>
    Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
    During the periods shown in the chart:ReturnsQuarter ended
    Highest Quarter Return18.16%June 30, 2016
    Lowest Quarter Return-30.78%December 31, 2018
    Year-to-Date Return-55.51%March 31, 2020
    Performance Table Heading rr_PerformanceTableHeading <font style="font: bold 16pt Arial, Helvetica, sans-serif;"><b>Average Annual Returns</b></font>
    Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate <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>
    Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred <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>
    Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher <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>
    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, 2019

    02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Gas Portfolio | Natural Gas Portfolio-Default  
    Risk/Return: rr_RiskReturnAbstract  
    Management fee rr_ManagementFeesOverAssets 0.53%
    Distribution and/or Service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
    Other expenses rr_OtherExpensesOverAssets 0.40%
    Total annual operating expenses rr_ExpensesOverAssets 0.93%
    1 year rr_ExpenseExampleYear01 $ 95
    3 years rr_ExpenseExampleYear03 296
    5 years rr_ExpenseExampleYear05 515
    10 years rr_ExpenseExampleYear10 $ 1,143
    2010 rr_AnnualReturn2010 6.43%
    2011 rr_AnnualReturn2011 (7.67%)
    2012 rr_AnnualReturn2012 2.44%
    2013 rr_AnnualReturn2013 24.66%
    2014 rr_AnnualReturn2014 (13.29%)
    2015 rr_AnnualReturn2015 (36.82%)
    2016 rr_AnnualReturn2016 48.46%
    2017 rr_AnnualReturn2017 (15.64%)
    2018 rr_AnnualReturn2018 (25.35%)
    2019 rr_AnnualReturn2019 3.58%
    Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date Return
    Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2020
    Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (55.51%)
    Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
    Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2016
    Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 18.16%
    Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
    Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
    Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (30.78%)
    02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Gas Portfolio | Return Before Taxes | Natural Gas Portfolio-Default  
    Risk/Return: rr_RiskReturnAbstract  
    Column rr_AverageAnnualReturnColumnName Natural Gas Portfolio
    Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return Before Taxes</b></font>
    Past 1 year rr_AverageAnnualReturnYear01 3.58%
    Past 5 years rr_AverageAnnualReturnYear05 (9.36%)
    Past 10 years rr_AverageAnnualReturnYear10 (3.99%)
    02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Gas Portfolio | After Taxes on Distributions | Natural Gas Portfolio-Default  
    Risk/Return: rr_RiskReturnAbstract  
    Column rr_AverageAnnualReturnColumnName Natural Gas Portfolio
    Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions</b></font>
    Past 1 year rr_AverageAnnualReturnYear01 3.32%
    Past 5 years rr_AverageAnnualReturnYear05 (9.74%)
    Past 10 years rr_AverageAnnualReturnYear10 (4.30%)
    02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Gas Portfolio | After Taxes on Distributions and Sales | Natural Gas Portfolio-Default  
    Risk/Return: rr_RiskReturnAbstract  
    Column rr_AverageAnnualReturnColumnName Natural Gas Portfolio
    Label rr_AverageAnnualReturnLabel <font style="FONT-FAMILY: Times New Roman" ><b>Return After Taxes on Distributions and Sale of Fund Shares</b></font>
    Past 1 year rr_AverageAnnualReturnYear01 2.30%
    Past 5 years rr_AverageAnnualReturnYear05 (6.76%)
    Past 10 years rr_AverageAnnualReturnYear10 (2.80%)
    02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Gas Portfolio | S&P 500® Index(reflects no deduction for fees, expenses, or taxes)  
    Risk/Return: rr_RiskReturnAbstract  
    Past 1 year rr_AverageAnnualReturnYear01 31.49%
    Past 5 years rr_AverageAnnualReturnYear05 11.70%
    Past 10 years rr_AverageAnnualReturnYear10 13.56%
    02.28 Select Portfolios: Group 3 Energy Sector Combo PRO-13 | Natural Gas Portfolio | FactSet Natural Gas Linked Index(reflects no deduction for fees, expenses, or taxes)  
    Risk/Return: rr_RiskReturnAbstract  
    Past 1 year rr_AverageAnnualReturnYear01 11.75%
    Past 5 years rr_AverageAnnualReturnYear05 (5.48%)
    Past 10 years rr_AverageAnnualReturnYear10 0.22%