Question

Fidelity Investments' February 2007 prospectus compares the value of $10,000 invested in the S&P 500 versus its value invested in Fidelity's Select Natural Resources Portfolio over the life of this fund. The paired data below are the values, in dollars, of the $10,000 invested in the S&P 500, and in the Fidelity Select Natural Resources (FSNR) fund for a random sample of years: (9,200, 14,500), (16,300, 21,000), (18,700, 33,100) (28,500, 36,700), (19,600, 29,200), (35,300, 37,200), (8,900, 21,700), (20,700, 36,100), (14,800, 7,800). Within the limitations of this analysis, is FSNR a better investment, over the range of years reported, than the S&P 500?


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  • CreatedJune 03, 2015
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