Fidelity Select Banking Portfolio adds John Sheehy as co-manager

By Toni Weeks

San Diego, Feb. 13 -Fidelity Select Portfolios Financials Sector announced a portfolio management change to its Banking Portfolio, according to a 497 filing with the Securities and Exchange Commission.

Effective last month, John Sheehy is now a co-manager of the fund. He joins Vincent Montemaggiore, who has managed the fund since 2008.

Sheehy joined Fidelity Investments in 2007 as an equity research analyst. He also manages other Fidelity funds.

Boston-based Fidelity Management & Research Co. is the investment adviser to the fund.

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