Fidelity Select Automotive Portfolio (FSAVX) is a mutual fund that focuses on investing in companies within the automotive industry. This includes manufacturers, suppliers, and other related businesses. The fund aims to provide investors with long-term capital appreciation by selecting companies with strong financials, competitive advantages, and growth potential. FSAVX is managed by Fidelity Investments, a well-known and reputable financial services company. This mutual fund may be suitable for investors looking to diversify their portfolio with exposure to the automotive sector.
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