Fidelity Select Fundranker

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TOP EIGHT MODEL PORTFOLIO MAY 2015

1. Biotechnology (FBIOX)
2. Health Care (FSPHX)
3. Pharmaceuticals (FPHAX)
4. Medical Delivery (FSHCX)
5. IT Services (FBSOX)
6. Medical Equipment & Systems (FSMEX)
7. Electronics (FSELX)
8. Retailing (FSRPX)

EXCHANGES FOR MAY 6, 2015

Sell Construction & Housing (FSHOX),
buy IT Services (FBSOX)
Sell Defense & Aerospace (FSDAX),
buy Electronics (FSELX)