Fidelity Utilities Fund

This fund primarily directs its capital towards common equities. A substantial portion, at least 80% of its assets, is allocated to firms within the telecommunications services and utility industries. Its investments span both domestic and international companies. The selection of holdings is guided by thorough fundamental analysis, scrutinizing elements such as an issuer's financial health, its competitive position in the market, and prevailing economic conditions. It operates as a non-diversified portfolio.