Fidelity Select Consumer Discretionary Portfolio, also known as FSCPX, recently released its Q2 2024 review. This mutual fund focuses on consumer discretionary stocks, which are companies that sell non-essential goods and services.
In the second quarter of 2024, FSCPX saw some positive performance. The fund’s managers made strategic investments in companies within the consumer discretionary sector, which helped drive returns for investors.
One notable aspect of FSCPX’s Q2 review was its focus on companies that cater to consumer preferences and trends. By investing in companies that are in tune with what consumers want, FSCPX was able to capitalize on the growing demand for certain products and services.
Overall, Fidelity Select Consumer Discretionary Portfolio’s Q2 2024 review showed promising results for investors. The fund’s focus on consumer discretionary stocks and strategic investments have helped drive positive performance. Investors will be keeping a close eye on FSCPX’s future performance to see if it continues to deliver strong returns.