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Why Invest in Fidelity Real Estate Investment Portfolio Fund (FRESX)?

Fidelity Real Estate Investment Portfolio Fund (FRESX) seeks above-average income and long-term capital growth consistent with reasonable investment risk. FRESX seeks to provide a yield that exceeds the composite yield of the Standard and Poor's 500 Index. FRESX normally invests at least 80% of fund's total assets in equity securities of companies principally engaged in the real estate industry and other real estate related investments.

This Sector - Real Estate product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.6% and 5 year 10.3%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

FRESX’s performance, as of the last filing, when compared to funds in its category was in the top 4% over the past 3 years and in the top 8% over the past 5 years.

The Fidelity Real Estate Investment Portfolio fund, as of the last filing, allocates their fund in top three major groups; Foreign Bond, Intermediate Bond and Large Value. Further, as of the last filing, Public Storage, Simon Property Group Inc and Prologis Inc were the top holdings for FRESX.

This Zacks Rank #2 (Buy) was incepted in November 1986 and is managed by Fidelity. FRESX carries an expense ratio of 0.78% and requires a minimal initial investment of $2,500.

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