0001379491-22-002564.txt : 20220714 0001379491-22-002564.hdr.sgml : 20220714 20220714103015 ACCESSION NUMBER: 0001379491-22-002564 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220714 DATE AS OF CHANGE: 20220714 EFFECTIVENESS DATE: 20220714 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: 221082420 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 S000007462 Financial Services Portfolio C000020436 Financial Services Portfolio FIDSX 0000320351 S000007467 Fintech Portfolio C000020441 Fintech Portfolio FSVLX 0000320351 S000007470 Insurance Portfolio C000020444 Insurance Portfolio FSPCX 0000320351 S000007475 Banking Portfolio C000020449 Banking Portfolio FSRBX 0000320351 S000007490 Brokerage and Investment Management Portfolio C000020464 Brokerage and Investment Management Portfolio FSLBX 497 1 filing995.htm PRIMARY DOCUMENT

Supplement to the
Fidelity® Select Portfolios®
Financials Sector
April 29, 2022
Prospectus 

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

Peter Deutsch (co-manager) has managed the fund since June 2013.

Fahim Razzaque (co-manager) has managed the fund since July 2022.

It is expected that Mr. Deutsch will retire effective on or about December 31, 2022. At that time, Mr. Razzaque will assume sole portfolio manager responsibilities.

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

Peter Deutsch is co-manager of Insurance Portfolio, which he has managed since June 2013. Since joining Fidelity Investments in 2010, Mr. Deutsch has worked as an equity research analyst and portfolio manager.

Fahim Razzaque is co-manager of Insurance Portfolio, which he has managed since July 2022. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Razzaque has worked as a managing director of research, research analyst, and portfolio manager.

It is expected that Mr. Deutsch will retire effective on or about December 31, 2022. At that time, Mr. Razzaque will assume sole portfolio manager responsibilities.


SELFIN-22-02
1.916419.133 		July 14, 2022