The Fidelity Select Sector Funds Rotational System Version 1 has been out of the market since May 14th. Since $SPX has closed above its 50 day moving average, the system will re-enter at tomorrow’s close. Let’s take a look at the top ranked sector funds as ranked by Versions 1 and 2.
Version 1 Top Ranked Funds
- FSUTX – Fidelity Select Utilities
- FIUIX – Fidelity Telecom and Utilities
- FSRPX – Fidelity Select Retailing
Version 2 Top Ranked Funds
- FSUTX – Fidelity Select Utilities
- FIUIX – Fidelity Telecom and Utilities
- FSRPX – Fidelity Select Retailing
Both versions are in agreement.
Version 1 will purchase the top three funds at tomorrow’s close. Version 2 (still in real-time evaluation) re-entered the market on June 15th. It is long FSUTX, FIUIX, and FDFAX (Consumer Staples).
Tomorrow evening I’ll post an update with the performance of both versions.
Read more about these rotational systems here: Version 1. Version 2.
Shredder- looking forward to the performance update. It is good to see both versions calling out the same three funds.