Tuesday, May 16, 2017

Fidelity Select Natural Gas Fund (FSNGX) in Focus

Fidelity Select Natural Gas (FSNGX) a Zacks Rank #1 (Strong Buy) invests at least 80% of assets in common stocks of companies principally engaged in production, transmission and distribution of natural gas, as well as in those companies that provides services and equipment to producers, refineries and distributors.

This Sector – Energy fund, as of the last filing, allocates their fund in three major groups; Large Value, Small Value and Precious Metal. Further, as of the last filing, BAKER HUGHES INC, SCHLUMBERGER LTD and ANADARKO PETROLEUM CORP were the top holdings for FSNGX.

The Fidelity Select Natural Gas fund, managed by Fidelity, carries an expense ratio of 0.89%. Moreover, FSNGX requires a minimal initial investment of $2,500.

FSNGX has a history of positive total returns for over 10 years. Specifically, the fund’s return over the 1 year period is 5.26%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

FSNGX’s performance, as of the last filing, when compared to funds in its category was in the top 48% in 1 year.

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Zacks Investment Research

May 16, 2017 at 04:09PM

from Zacks Equity Research