Fidelity Select FinTech Portfolio
FSVLX
NASDAQ16.32
USD
+0.37
- -
Fidelity Select FinTech Portfolio
FSVLX
(NASDAQ)
Recent
price
16.32
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Fidelity Select FinTech Portfolio (FSVLX) is an open-end mutual fund that seeks capital appreciation by investing primarily in securities of companies principally engaged in providing products and services in financial technology, or fintech; these include payment processing platforms such as Mastercard Inc. (12.65%) and Visa Inc. (12.39%), financial software providers like Intuit Inc. (11.61%), credit card issuers including American Express Co. (11.43%), and digital banking firms such as Capital One Financial Corp. (4.94%); the fund normally invests at least 80% of assets in such securities of domestic and foreign issuers, with top holdings representing 53.02% of the portfolio, emphasizing large-cap growth stocks in financial services (51.28%) and technology (46.55%) sectors. Launched on December 16, 1985, the fund is domiciled in the United States and managed by Fidelity Investments, with Ruth Nagle serving as portfolio manager since February 10, 2022; it is headquartered in Boston, Massachusetts, as part of Fidelity's broader suite of sector-specific Select Portfolios. The non-diversified fund maintains assets under management of approximately $97.40 million, features a net expense ratio of 0.75%, and exhibits a portfolio turnover rate of 66% as of August 2025; it primarily targets U.S. investors through brokerage platforms, with geographic exposure concentrated in the United States (88.10%), Eurozone (4.79%), and Canada (4.77%). In recent developments, the fund recorded a semiannual gain of 1.10% ending August 31, 2025, underperforming the FactSet Financial Technologies Linked Index's 3.39% advance amid sector volatility; portfolio turnover adjusted to 44% as reported in some disclosures, reflecting active management shifts, while net assets stood at $94.84 million as of October 31, 2025, with no mergers, acquisitions, or major strategic changes announced for FSVLX itself unlike certain other Fidelity Select sector funds.