Fidelity Investments last week launched a new sector-specific portfolio designed for the retail market.

Dubbed the Select Business Services and Outsourcing Portfolio, the fund will track firms that sell outsourcing services to the business world, said a Fidelity spokesman. "It's a good niche to be in because it is a growing sector," he said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.