Fidelity Select Fundranker

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TOP EIGHT MODEL PORTFOLIO JANUARY 2016

1. Retailing (FSRPX)
2. Software & IT Services (FSCSX)
3. Technology (FSPTX)
4. Consumer Staples (FDFAX)
5. Medical Equipment & Systems (FSMEX)
6. IT Services (FBSOX)
7. Defense & Aerospace (FSDAX)
8. Biotechnology (FBIOX)

EXCHANGES FOR JANUARY 4, 2016

Sell Construction & Housing (FSHOX),
buy Technology (FSPTX)
Sell Banking (FSRBX),
buy Consumer Staples (FDFAX)
Sell Consumer Discretionary (FSCPX),
buy Medical Equipment & Systems (FSMEX)
Sell Electronics (FSELX),
buy Defense & Aerospace (FSDAX)
Sell Insurance (FSPCX),
buy Biotechnology (FBIOX)