# EDGAR Filing Document

**Accession Number:** 0000320351
**File Stem:** 0000320351-25-000211
**Filing Date:** 2025-8
**Character Count:** 7662
**Document Hash:** 76dddccbada0fefd0cbae07076697ada
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000320351-25-000211.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0000320351-25-000211

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250821

**EFFECTIVENESS DATE**: 20250821

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SELECT PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000320351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-69972
- **FILM NUMBER:** 251238699

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Telecommunications Portfolio (Series ID: S000007485)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                        | Ticker Symbol | Class ID   |
| Telecommunications Portfolio                      | FSTCX         | C000020459 |
| Fidelity Advisor Telecommunications Fund: Class A | FTUAX         | C000040631 |
| Fidelity Advisor Telecommunications Fund: Class C | FTUCX         | C000040633 |
| Fidelity Advisor Telecommunications Fund: Class M | FTUTX         | C000040634 |
| Fidelity Advisor Telecommunications Fund: Class I | FTUIX         | C000040635 |
| Fidelity Advisor Telecommunications Fund: Class Z | FIJGX         | C000205045 |

---

### Wireless Portfolio (Series ID: S000007489)

---

|  |  |  |
|:---|:---|:---|
| Class Name         | Ticker Symbol | Class ID   |
| Wireless Portfolio | FWRLX         | C000020463 |

---

### Fidelity Telecom and Utilities Fund (Series ID: S000039312)

---

|  |  |  |
|:---|:---|:---|
| Class Name                          | Ticker Symbol | Class ID   |
| Fidelity Telecom and Utilities Fund | FIUIX         | C000121123 |

---

## Series and Classes Contracts Data

### Telecommunications Portfolio (Series ID: S000007485)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000020459 | Telecommunications Portfolio                      | FSTCX           |
| C000040631 | Fidelity Advisor Telecommunications Fund: Class A | FTUAX           |
| C000040633 | Fidelity Advisor Telecommunications Fund: Class C | FTUCX           |
| C000040634 | Fidelity Advisor Telecommunications Fund: Class M | FTUTX           |
| C000040635 | Fidelity Advisor Telecommunications Fund: Class I | FTUIX           |
| C000205045 | Fidelity Advisor Telecommunications Fund: Class Z | FIJGX           |

### Wireless Portfolio (Series ID: S000007489)

| Class ID   | Class Name         | Ticker Symbol   |
|:---|:---|:---|
| C000020463 | Wireless Portfolio | FWRLX           |

### Fidelity Telecom and Utilities Fund (Series ID: S000039312)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000121123 | Fidelity Telecom and Utilities Fund | FIUIX           |

**Supplement to the Fidelity® Select Portfolios® Telecommunications Portfolio Class A, Class M, Class C, Class I, and Class Z April 29, 2025 Prospectus**

The following information replaces similar information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Nicole Abernethy (Co-Portfolio Manager) has managed the fund since 2020.

Effective February 28, 2026, Ms. Abernethy will no longer serve as Co-Portfolio Manager of the fund and Mr. Boyajian will assume sole portfolio manager responsibilities.

Alex Boyajian (Co-Portfolio Manager) has managed the fund since 2025.

The following information replaces the biographical information found in the "Fund Management" section under the "Portfolio Manager(s)" heading.

Nicole Abernethy is Co-Portfolio Manager of Telecommunications Portfolio, which she has managed since 2020. She also manages other funds. Since joining Fidelity Investments in 2011, Ms. Abernethy has worked as a research analyst and portfolio manager.

Effective February 28, 2026, Ms. Abernethy will no longer serve as Co-Portfolio Manager of Telecommunications Portfolio and Mr. Boyajian will assume sole portfolio manager responsibilities.

Alex Boyajian is Co-Portfolio Manager of Telecommunications Portfolio, which he has managed since 2025. He also manages other funds. Since joining Fidelity Investments in 2018, Mr. Boyajian has worked as a research analyst and portfolio manager.

ATLC-PSTK-0825-136 1.845214.136 August 21, 2025

**Supplement to the Fidelity® Select Portfolios® Telecommunications Services Sector April 29, 2025 Prospectus**

The following information replaces similar information for Telecommunications Portfolio found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Nicole Abernethy (Co-Portfolio Manager) has managed the fund since 2020.

Effective February 28, 2026, Ms. Abernethy will no longer serve as Co-Portfolio Manager of the fund and Mr. Boyajian will assume sole portfolio manager responsibilities.

Alex Boyajian (Co-Portfolio Manager) has managed the fund since 2025.

The following information replaces similar information for Wireless Portfolio found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Nicole Abernethy (Co-Portfolio Manager) has managed the fund since 2024.

Effective February 28, 2026, Ms. Abernethy will no longer serve as Co-Portfolio Manager of the fund and Mr. Boyajian will assume sole portfolio manager responsibilities.

Alex Boyajian (Co-Portfolio Manager) has managed the fund since 2025.

The following information replaces the biographical information found in the "Fund Management" section under the "Portfolio Manager(s)" heading.

Nicole Abernethy is Co-Portfolio Manager of both Telecommunications Portfolio and Wireless Portfolio, which she has managed since 2020 and 2024, respectively. She also manages other funds. Since joining Fidelity Investments in 2011, Ms. Abernethy has worked as a research analyst and portfolio manager.

Effective February 28, 2026, Ms. Abernethy will no longer serve as Co-Portfolio Manager of Telecommunications Portfolio and Wireless Portfolio and Mr. Boyajian will assume sole portfolio manager responsibilities.

Alex Boyajian is Co-Portfolio Manager of both Telecommunications Portfolio and Wireless Portfolio, each of which he has managed since 2025. He also manages other funds. Since joining Fidelity Investments in 2018, Mr. Boyajian has worked as a research analyst and portfolio manager.

SELTS-PSTK-0825-123 1.918618.123 August 21, 2025

**Supplement to the Fidelity® Telecom and Utilities Fund April 1, 2025 Prospectus**

The following information supplements information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Alex Boyajian (Co-Portfolio Manager) has managed the fund since 2025.

It is expected that Ms. Abernethy will transition off the fund on or about February 28, 2026.

The following information supplements the biographical information found in the "Fund Management" section under the "Portfolio Manager(s)" heading.

Alex Boyajian is Co-Portfolio Manager of Fidelity® Telecom and Utilities Fund, which he has managed since 2025. He also manages other funds. Since joining Fidelity Investments in 2018, Mr. Boyajian has worked as a research analyst and portfolio manager.

It is expected that Ms. Abernethy will transition off Fidelity® Telecom and Utilities Fund on or about February 28, 2026.

UIF-PSTK-0825-122 1.733971.122 August 21, 2025