CORRESP 16 filename16.htm

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FPCMS
82 Devonshire Street
Boston MA 02109-3614
617-563-7000

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February 16, 2010

U.S. Securities & Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Attn: Christian Sandoe

RE:

Fidelity Select Portfolios (the trust):

 

Air Transportation Portfolio, Automotive Portfolio, Banking Portfolio, Biotechnology Portfolio
Brokerage and Investment Management Portfolio, Chemicals Portfolio, Communications Equipment
Portfolio, Computers Portfolio, Construction and Housing Portfolio, Consumer Discretionary Portfolio,
Consumer Staples Portfolio, Defense and Aerospace Portfolio, Electronics Portfolio, Energy Portfolio,
Energy Service Portfolio, Environmental Portfolio, Financial Services Portfolio, Gold Portfolio, Health
Care Portfolio, Home Finance Portfolio, Industrial Equipment Portfolio, Industrials Portfolio, Insurance
Portfolio, IT Services Portfolio, Leisure Portfolio, Materials Portfolio, Medical Delivery Portfolio,
Medical Equipment and Systems Portfolio, Multimedia Portfolio, Natural Gas Portfolio, Natural
Resources Portfolio, Pharmaceuticals Portfolio, Retailing Portfolio, Software and Computer Services
Portfolio, Technology Portfolio, Telecommunications Portfolio, Transportation Portfolio, Utilities
Portfolio, Wireless Portfolio (the funds)

 

File Nos. (002-69972) and (811-03114)

 

Post-Effective Amendment No. 90

Ladies and Gentlemen:

Pursuant to Rule 8b-16 under the Investment Company Act of 1940, as amended, Regulation S-T and Rule 485(a) under the Securities Act of 1933, as amended, transmitted herewith on behalf of the trust is Post-Effective Amendment No. 90 to the trust's current effective Registration Statement on Form N-1A. This transmission contains a conformed signature page, the manually signed original of which, executed pursuant to the Powers of Attorney dated September 30, 2009 and August 1, 2008, is maintained at the offices of the trust.

This filing contains the Prospectuses and Statements of Additional Information for Air Transportation Portfolio, Automotive Portfolio, Banking Portfolio, Biotechnology Portfolio, Brokerage and Investment Management Portfolio, Chemicals Portfolio, Communications Equipment Portfolio, Computers Portfolio, Construction and Housing Portfolio, Consumer Discretionary Portfolio, Consumer Staples Portfolio, Defense and Aerospace Portfolio, Electronics Portfolio, Energy Portfolio, Energy Service Portfolio, Environmental Portfolio, Financial Services Portfolio, Gold Portfolio, Health Care Portfolio, Home Finance Portfolio, Industrial Equipment Portfolio, Industrials Portfolio, Insurance Portfolio, IT Services Portfolio, Leisure Portfolio, Materials Portfolio, Medical Delivery Portfolio, Medical Equipment and Systems Portfolio, Multimedia Portfolio, Natural Gas Portfolio, Natural Resources Portfolio, Pharmaceuticals Portfolio, Retailing Portfolio, Software and Computer Services Portfolio, Technology Portfolio, Telecommunications Portfolio, Transportation Portfolio, Utilities Portfolio, and Wireless Portfolio. The documents have been modified to reflect amendments made to Form N-1A under the Enhanced Disclosure and New Prospectus Delivery Option for Registered Open-End Management Investment Companies Final Rule. This is the first filing of these documents in the amended format. Due to the extent of the modifications made to the prospectuses, these documents have not been tagged to indicate changes made since the last definitive filing. Each fund's SAI has been tagged to indicate modifications made since the last definitive filing. The funds may be marketed through banks, savings and loan associations, or credit unions.

This filing also serves to update standard disclosure and implement editorial changes.

Pursuant to Rule 485(a), the trust elects an effective date of April 29, 2010. We request your comments by March 18, 2010.

Please contact Jamie Plourde at (617) 563-1375 in connection with any questions or comments regarding this filing.

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Sincerely,

 

 

 

/s/ Catherine Conlin

 

Catherine Conlin

 

Legal Product Group