0001379491-22-001240.txt : 20220401 0001379491-22-001240.hdr.sgml : 20220401 20220401092854 ACCESSION NUMBER: 0001379491-22-001240 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220401 DATE AS OF CHANGE: 20220401 EFFECTIVENESS DATE: 20220401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SELECT PORTFOLIOS CENTRAL INDEX KEY: 0000320351 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-69972 FILM NUMBER: 22796122 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 S000007465 Gold Portfolio C000020439 Gold Portfolio FSAGX 0000320351 S000007469 Materials Portfolio C000020443 Materials Portfolio FSDPX C000040626 Fidelity Advisor Materials Fund: Class A FMFAX C000040628 Fidelity Advisor Materials Fund: Class C FMFCX C000040629 Fidelity Advisor Materials Fund: Class M FMFTX C000040630 Fidelity Advisor Materials Fund: Class I FMFEX C000205044 Fidelity Advisor Materials Fund: Class Z FIJFX 0000320351 S000007492 Chemicals Portfolio C000020466 Chemicals Portfolio FSCHX 497 1 filing995.htm PRIMARY DOCUMENT

Supplement to the
Fidelity® Select Portfolios®
Materials Sector
April 29, 2021
Prospectus 

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

Jody Simes (co-manager) has managed the fund since November 2019.

Ashley Fernandes (co-manager) has managed the fund since April 2022.

It is expected that Mr. Simes will retire effective on or about December 31, 2022. At that time, Mr. Fernandes will assume sole portfolio manager responsibilities for the fund.

The following information replaces the biographical information found in the "Fund Management" section under the "Portfolio Manager(s)" heading.

Ashley Fernandes is co-manager of the fund, which he has managed since April 2022. He also manages other funds. Since joining Fidelity Investments in 2013, Mr. Fernandes has worked as a global energy analyst, research analyst, and portfolio manager.

Jody Simes is co-manager of the fund, which he has managed since November 2019. He also manages other funds. Since joining Fidelity Investments in 1993, Mr. Simes has worked as an analyst, global sector leader, and portfolio manager.

It is expected that Mr. Simes will retire effective on or about December 31, 2022. At that time, Mr. Fernandes will assume sole portfolio manager responsibilities for the fund.


AMF-22-01
1.847525.131
April 1, 2022

Supplement to the
Fidelity® Select Portfolios®
Materials Sector
April 29, 2021
Prospectus 

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

Jody Simes (co-manager) has managed the fund since November 2019.

Ashley Fernandes (co-manager) has managed the fund since April 2022.

It is expected that Mr. Simes will retire effective on or about December 31, 2022. At that time, Mr. Fernandes will assume sole portfolio manager responsibilities for the fund.

The following information replaces the biographical information for Materials Portfolio found in the "Fund Management" section under the "Portfolio Manager(s)" heading.

Ashley Fernandes is co-manager of Materials Portfolio, which he has managed since April 2022. He also manages other funds. Since joining Fidelity Investments in 2013, Mr. Fernandes has worked as a global energy analyst, research analyst, and portfolio manager.

Jody Simes is co-manager of Materials Portfolio, which he has managed since November 2019. He also manages other funds. Since joining Fidelity Investments in 1993, Mr. Simes has worked as an analyst, global sector leader, and portfolio manager.

It is expected that Mr. Simes will retire effective on or about December 31, 2022. At that time, Mr. Fernandes will assume sole portfolio manager responsibilities for the fund.


SELMT-22-01
1.918620.116
April 1, 2022