Fidelity Select Utilities Growth Portfolio (FSUTX) focuses on investing in utility companies that exhibit growth potential, primarily in North America. The portfolio's competitive position is bolstered by Fidelity's extensive research capabilities and access to a diverse range of utility assets, including electric, gas, and water utilities, which are essential for infrastructure development.
Financial ServicesAsset Managementmoderate - The fund has fixed costs associated with management and operational expenses, but its revenue is largely variable, tied to AUM and performance.