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Fidelity Select Health Care ( FSPHX) is positioned 88% in health care, and the holdings have performed solidly over the past three months as it is up 5.6% in the period and has gained 11% this year. What's more, it has a five-year annualized return of 7.6%.

The $2.3 billion fund holds 96 stocks and has an annual turnover of 99%.

Its top holdings and their portfolio weighting are: medical-device maker Covidien ( COV), 5.9%; life-sciences-products maker Illumina ( ILMN), 5.8%; pharmacy-benefits manager Medco Health Solutions ( MHS), 4.5%; drug-therapies developer Gilead Sciences ( GILD), 4.2%; drug distributor McKesson ( MCK), 3.7%; and drug maker Valeant Pharmaceuticals ( VRX), 3.3%.

Fidelity Select Consumer Staples ( FDFAX) has an admirable long-term record, ranking in the top 1% of consumer-staples-focused funds over the five-, 10- and 15-year periods. It has an average annual return of 10% over five years and 8.8% over 10 years. During the past month, it lost 2.5%, but it is up 9.6% over three months, and 5.7% this year.

The $1.6 billion fund holds 62 stocks and has an annual turnover of 57%.

Its top holdings include: household-products maker Procter & Gamble ( PG), at 16% of the fund; Coca-Cola ( KO), 12.4%; international cigarette maker British American Tobacco ( BTI), 7%; pharmacy retailer CVS Caremark ( CVS), 7%; cigarette maker Altria ( MO), 5.5%; and personal-products maker Colgate-Palmolive ( CL), 4%.

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Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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