Fidelity Select Portfolios

10/23/2026 | Press release | Distributed by Public on 10/23/2026 09:46

Prospectus by Investment Company (Form 497)

Supplement to the
Fidelity® Real Estate Investment Portfolio
Class A, Class M, Class C, Class I, and Class Z
September 29, 2026
STATEMENT OF ADDITIONAL INFORMATION
The following information replaces similar information found in the "Securities Lending" section.
Security Lending Activities
Fund(s)
Fidelity® Real Estate Investment Portfolio
Gross income from securities lending activities
$
150,504
Fees paid to securities lending agent from a revenue split
$
0
Administrative fees
$
0
Rebate (paid to borrower)
$
137,891
Other fees not included in the revenue split (lending agent fees to NFS)
$
1,197
Aggregate fees/compensation for securities lending activities
$
139,087
Net income from securities lending activities
$
11,417
REAL-SSTK-1026-100-1.9923820.100
October 23, 2026
Supplement to the
Fidelity® Real Estate Investment Portfolio
September 29, 2026
STATEMENT OF ADDITIONAL INFORMATION
The following information replaces similar information found in the "Securities Lending" section.
Security Lending Activities
Fund(s)
Fidelity® Real Estate Investment Portfolio
Gross income from securities lending activities
$
150,504
Fees paid to securities lending agent from a revenue split
$
0
Administrative fees
$
0
Rebate (paid to borrower)
$
137,891
Other fees not included in the revenue split (lending agent fees to NFS)
$
1,197
Aggregate fees/compensation for securities lending activities
$
139,087
Net income from securities lending activities
$
11,417
REA-SSTK-1026-117-1.712071.117
October 23, 2026
Supplement to the
Fidelity® International Real Estate Fund
Class A, Class M, Class C, Class I, and Class Z
September 29, 2026
STATEMENT OF ADDITIONAL INFORMATION
The following information replaces similar information found in the "Securities Lending" section.
Security Lending Activities
Fund(s)
Fidelity® International Real Estate Fund
Gross income from securities lending activities
$
346,015
Fees paid to securities lending agent from a revenue split
$
0
Administrative fees
$
0
Rebate (paid to borrower)
$
248,726
Other fees not included in the revenue split (lending agent fees to NFS)
$
9,479
Aggregate fees/compensation for securities lending activities
$
258,205
Net income from securities lending activities
$
87,810
AIRE-AIREI-SSTK-1026-111-1.881503.111
October 23, 2026
Supplement to the
Fidelity® International Real Estate Fund
September 29, 2026
STATEMENT OF ADDITIONAL INFORMATION
The following information replaces similar information found in the "Securities Lending" section.
Security Lending Activities
Fund(s)
Fidelity® International Real Estate Fund
Gross income from securities lending activities
$
346,015
Fees paid to securities lending agent from a revenue split
$
0
Administrative fees
$
0
Rebate (paid to borrower)
$
248,726
Other fees not included in the revenue split (lending agent fees to NFS)
$
9,479
Aggregate fees/compensation for securities lending activities
$
258,205
Net income from securities lending activities
$
87,810
IRE-SSTK-1026-113-1.811497.113
October 23, 2026
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