XML 12 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType Other
Document Period End Date dei_DocumentPeriodEndDate Feb. 28, 2011
Registrant Name dei_EntityRegistrantName FIDELITY SELECT PORTFOLIOS
Central Index Key dei_EntityCentralIndexKey 0000320351
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Feb. 13, 2012
Document Effective Date dei_DocumentEffectiveDate Feb. 13, 2012
Prospectus Date rr_ProspectusDate Apr. 29, 2011
Financial Services Portfolio
  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] fsp320351_SupplementTextBlock
Supplement to the
Fidelity® Select Portfolios®
Financials Sector
April 29, 2011
Prospectus
The following information replaces similar information for Banking Portfolio found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 4.
Vincent Montemaggiore (co-manager) has managed the fund since June 2008.
John Sheehy (co-manager) has managed the fund since January 2012.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
Annual fund operating expenses
(expenses that you pay each year as a % of the value of your investment)
 
Management fee 0.56%
Distribution and/or Service (12b-1) fees None
Other expenses 0.32%
Acquired fund fees and expenses 0.44%
Total annual fund operating expenses A 1.32%
A Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
 
1 year   $ 134
3 years   $ 418
5 years   $ 723
10 years   $ 1,590
The following information supplements the biographical information found in the "Fund Management" section on page 27.
Vincent Montemaggiore is co-manager of Banking Portfolio, which he has managed since June 2008. He also manages other Fidelity funds. Since joining Fidelity Investments in 2005, Mr. Montemaggiore has worked as an equity research analyst and portfolio manager.
John Sheehy is co-manager of Banking Portfolio, which he has managed since January 2012. He also manages other Fidelity funds. Mr. Sheehy joined Fidelity Investments in 2007 as an equity research analyst after receiving an MBA from the Stern School of Business at NYU.
Consumer Finance Portfolio
  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] fsp320351_SupplementTextBlock
Supplement to the
Fidelity® Select Portfolios®
Financials Sector
April 29, 2011
Prospectus
The following information replaces similar information for Banking Portfolio found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 4.
Vincent Montemaggiore (co-manager) has managed the fund since June 2008.
John Sheehy (co-manager) has managed the fund since January 2012.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
Annual fund operating expenses
(expenses that you pay each year as a % of the value of your investment)
 
Management fee 0.56%
Distribution and/or Service (12b-1) fees None
Other expenses 0.32%
Acquired fund fees and expenses 0.44%
Total annual fund operating expenses A 1.32%
A Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
 
1 year   $ 134
3 years   $ 418
5 years   $ 723
10 years   $ 1,590
The following information supplements the biographical information found in the "Fund Management" section on page 27.
Vincent Montemaggiore is co-manager of Banking Portfolio, which he has managed since June 2008. He also manages other Fidelity funds. Since joining Fidelity Investments in 2005, Mr. Montemaggiore has worked as an equity research analyst and portfolio manager.
John Sheehy is co-manager of Banking Portfolio, which he has managed since January 2012. He also manages other Fidelity funds. Mr. Sheehy joined Fidelity Investments in 2007 as an equity research analyst after receiving an MBA from the Stern School of Business at NYU.
Insurance Portfolio
  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] fsp320351_SupplementTextBlock
Supplement to the
Fidelity® Select Portfolios®
Financials Sector
April 29, 2011
Prospectus
The following information replaces similar information for Banking Portfolio found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 4.
Vincent Montemaggiore (co-manager) has managed the fund since June 2008.
John Sheehy (co-manager) has managed the fund since January 2012.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
Annual fund operating expenses
(expenses that you pay each year as a % of the value of your investment)
 
Management fee 0.56%
Distribution and/or Service (12b-1) fees None
Other expenses 0.32%
Acquired fund fees and expenses 0.44%
Total annual fund operating expenses A 1.32%
A Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
 
1 year   $ 134
3 years   $ 418
5 years   $ 723
10 years   $ 1,590
The following information supplements the biographical information found in the "Fund Management" section on page 27.
Vincent Montemaggiore is co-manager of Banking Portfolio, which he has managed since June 2008. He also manages other Fidelity funds. Since joining Fidelity Investments in 2005, Mr. Montemaggiore has worked as an equity research analyst and portfolio manager.
John Sheehy is co-manager of Banking Portfolio, which he has managed since January 2012. He also manages other Fidelity funds. Mr. Sheehy joined Fidelity Investments in 2007 as an equity research analyst after receiving an MBA from the Stern School of Business at NYU.
Banking Portfolio
  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] fsp320351_SupplementTextBlock
Supplement to the
Fidelity® Select Portfolios®
Financials Sector
April 29, 2011
Prospectus
The following information replaces similar information for Banking Portfolio found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 4.
Vincent Montemaggiore (co-manager) has managed the fund since June 2008.
John Sheehy (co-manager) has managed the fund since January 2012.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
Annual fund operating expenses
(expenses that you pay each year as a % of the value of your investment)
 
Management fee 0.56%
Distribution and/or Service (12b-1) fees None
Other expenses 0.32%
Acquired fund fees and expenses 0.44%
Total annual fund operating expenses A 1.32%
A Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
 
1 year   $ 134
3 years   $ 418
5 years   $ 723
10 years   $ 1,590
The following information supplements the biographical information found in the "Fund Management" section on page 27.
Vincent Montemaggiore is co-manager of Banking Portfolio, which he has managed since June 2008. He also manages other Fidelity funds. Since joining Fidelity Investments in 2005, Mr. Montemaggiore has worked as an equity research analyst and portfolio manager.
John Sheehy is co-manager of Banking Portfolio, which he has managed since January 2012. He also manages other Fidelity funds. Mr. Sheehy joined Fidelity Investments in 2007 as an equity research analyst after receiving an MBA from the Stern School of Business at NYU.
Brokerage and Investment Management Portfolio
  
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] fsp320351_SupplementTextBlock
Supplement to the
Fidelity® Select Portfolios®
Financials Sector
April 29, 2011
Prospectus
The following information replaces similar information for Banking Portfolio found in the "Fund Summary" section under the heading "Portfolio Manager(s)" on page 4.
Vincent Montemaggiore (co-manager) has managed the fund since June 2008.
John Sheehy (co-manager) has managed the fund since January 2012.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
Annual fund operating expenses
(expenses that you pay each year as a % of the value of your investment)
 
Management fee 0.56%
Distribution and/or Service (12b-1) fees None
Other expenses 0.32%
Acquired fund fees and expenses 0.44%
Total annual fund operating expenses A 1.32%
A Differs from the ratios of expenses to average net assets in the Financial Highlights section of the prospectus because of acquired fund fees and expenses.
The following information replaces the similar information for Brokerage & Investment Management Portfolio found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.
 
1 year   $ 134
3 years   $ 418
5 years   $ 723
10 years   $ 1,590
The following information supplements the biographical information found in the "Fund Management" section on page 27.
Vincent Montemaggiore is co-manager of Banking Portfolio, which he has managed since June 2008. He also manages other Fidelity funds. Since joining Fidelity Investments in 2005, Mr. Montemaggiore has worked as an equity research analyst and portfolio manager.
John Sheehy is co-manager of Banking Portfolio, which he has managed since January 2012. He also manages other Fidelity funds. Mr. Sheehy joined Fidelity Investments in 2007 as an equity research analyst after receiving an MBA from the Stern School of Business at NYU.