SEC Company Response from FIDELITY SELECT PORTFOLIOS (CIK 0000320351) — Dec 19, 2025
FIDELITY SELECT PORTFOLIOS (CIK 0000320351)
Date: Dec. 19, 2025 · CIK: 0000320351 · Accession: 0000320351-25-000359
AI Filing Summary & Sentiment
File numbers found in text: 811-03114
Letter
Converted by EDGARwiz
COMMENTS RECEIVED ON 12/18/2025
FROM Ryan Sutcliffe
FIDELITY SELECT PORTFOLIOS (File Nos. 002-69972 and 811-03114)
Fidelity Real Estate Investment Portfolio
POST-EFFECTIVE AMENDMENT NO. 181
1.
“Fund Summary” (prospectus)
“Fee Table”
C:
Supplementally, the Staff requests we explain the basis for including the estimated footnote for new classes.
R:
Although the fund is not a “New Fund” as defined in Instruction 6 of Item 3 of Form N-1A, the “Management fee” and “Other expenses” line items of the fee table include certain fees and expenses that are expected to be incurred in different amounts by these classes as compared to other classes of the fund. Therefore, we believe it is appropriate to note that these fees and expenses are based on estimated amounts for the current fiscal year because the classes have not begun incurring these fees and expenses.
Show Raw Text
CORRESP 1 filename1.htm Converted by EDGARwiz COMMENTS RECEIVED ON 12/18/2025 FROM Ryan Sutcliffe FIDELITY SELECT PORTFOLIOS (File Nos. 002-69972 and 811-03114) Fidelity Real Estate Investment Portfolio POST-EFFECTIVE AMENDMENT NO. 181 1. “Fund Summary” (prospectus) “Fee Table” C: Supplementally, the Staff requests we explain the basis for including the estimated footnote for new classes. R: Although the fund is not a “New Fund” as defined in Instruction 6 of Item 3 of Form N-1A, the “Management fee” and “Other expenses” line items of the fee table include certain fees and expenses that are expected to be incurred in different amounts by these classes as compared to other classes of the fund. Therefore, we believe it is appropriate to note that these fees and expenses are based on estimated amounts for the current fiscal year because the classes have not begun incurring these fees and expenses.