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Fidelity select health care portfolio is a sector mutual

Fidelity Select Health Care Portfolio is a sector mutual fund that has returned 16 % annually, on average, in the past 10 years. This is significantly higher than the S&P average of 11.24%. Is this proof that stock markets are NOT efficient? Explain why or why not.

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Finance Basics: Fidelity select health care portfolio is a sector mutual

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