Fidelity Select Technology Portfolio Q4 2025 Commentary

Fidelity Investments933 FollowersFollow5ShareSavePlay(15min)CommentsSummaryFor the quarter, Fidelity Select Technology Portfolio's Retail Class shares gained 1.75%, topping the MSCI U.S. IMI Information Technology 25/50 Index but trailing the broad-based S&P 500® index.Looking a bit longer term, performance comparisons over the trailing one- and 3-year periods favor the fund versus the MSCI sector index.Generative artificial intelligence continues to dominate the themes driving the tech sector, resulting in a somewhat bifurcated market between stocks the market perceives as "AI winners" and "AI losers." utah778/iStock via Getty Images FUND INFORMATION Manager(s): Adam Benjamin Trading Symbol: FSPTX Start Date: July 14, 1981 Size (in millions): $28,168.90 Morningstar Category: Fund Technology Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, orThis article was written byFidelity Investments933 FollowersFollowFidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.