Monday, January 05, 2009

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Fidelity Select Medi (FSMEX) Category:   Specialty-Health Status:   Open to new investors Current Recommendation: NewBuy Pevious Recommendation: None Reason (last updated on 9/3/2008): This healthcare fund has done well in the current market environment. It had reached a new high on 8/22/2008. It is up 6.5% YTD and 11.9% over last one year. It has relatively low volatility with a standard deviation of only 8.5. Its worst case drop was only 10.8% during the current bear market. It is available at Fidelity. It has a fee of 0.75% if sold in less than 30 days. Yahoo Financial Chart, click here Morningstar Profile, click here Subscribe to email alerts for this mutual fund