Fidelity Select Automotive Port (FSAVX)

Fidelity Select Automotive Port (FSAVX)

38.28+0.37 (+0.98%) As of June 11 8:00 PM EDT. Market open.

The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of companies principally engaged in the manufacture, marketing or sale of automobiles, trucks, specialty vehicles, parts, tires, and related services. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer’s financial condition and industry position, as well as market and economic conditions to select investments.

Top Holdings

Name Symbol % Assets
General Motors Co GM 10.99%
Honda Motor Co Ltd ADR HMC 10.55%
Toyota Motor Corp ADR TM 8.35%
Tesla Inc TSLA 7.95%
Ford Motor Co F 7.28%
Fiat Chrysler Automobiles NV FCA.L 5.03%
O’Reilly Automotive Inc ORLY 4.72%
Aptiv PLC APTV 4.66%
Magna International Inc Class A MG.TO 4.47%
AutoZone Inc AZO 3.95%

Red Door Development see’s FSAVX being prosperous in 2018-2019 as interest rates move up.

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Author: admin