6/11/2023 0 Comments Fidelity real estate management![]() ![]() Fidelity® Real Estate Investment Port has an expense ratio of 0.71%, which is 38% lower than its category average, making the fund expense ratio grade a A. The Fidelity® Real Estate Investment Port expense ratio is above average compared to funds in the Real Estate category. The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns. The fund normally distributes its capital gains. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.įidelity® Real Estate Investment Port has a trailing dividend yield of 1.5%, which is below the 2.3% category average. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. The fund has $2 billion in total assets, which is above the $439 million average for the Real Estate category. Fidelity® Real Estate Investment Port has 1.2% of the portfolio in cash. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ![]() ![]() There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The overall assets allocated to domestic stock is 98.8%. Fidelity® Real Estate Investment Port has 0.0% of its portfolio invested in foreign issues. The fund is not considered to have an ESG focus with its investment selection and management.įidelity® Real Estate Investment Port is part of the Equity global asset class and is within the Sector Equity fund group. The fund meets the SEC requirement of being classified as a nondiversified fund. The top 10 holdings constitute 58.4% of the fund’s assets. Fidelity® Real Estate Investment Port has 37 securities in its portfolio. The fund has 1 primary benchmark: S&P 500 TR USD index with a weighting of 100%. Management tenure is more important for actively managed funds than passive index funds. There are 1 members of the management team with an average tenure of 25.35 years: Steven Buller (1997). The fund is non-diversified.Ībout Fidelity® Real Estate Investment Port (FRESX) 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. The fund invests in domestic and foreign issuers. It normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The fund normally invests primarily in common stocks. The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. Fidelity Investments launched the fund in 1986. Fidelity® Real Estate Investment Port Overviewįidelity® Real Estate Investment Port (FRESX) is an actively managed Sector Equity Real Estate fund. ![]()
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