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Fidelity® Mid Cap Enhanced Index (FMEIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests at least 80% of assets in common stocks included in the Russell Midcap  Index, which is a market capitalization-weighted index of companies with medium market capitalizations. It generally uses computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the Russell Midcap  Index. The fund invests in domestic and foreign issuers.


1 month+1.43% 3 years+17.90%
3 months+2.27% 5 years+13.96%
1 year+0.69% Since inception+8.33%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return+13.96%+11.19%
Expense ratio0.61%1.18%
Risk 5 year sharpe ratio1.080.86
Net assets$821.2M$1.5B
Average market cap$9.6B$6.6B
Average P/E13.818.1
Portfolio turnover89%89%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenurePatrick Waddell / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


U.S. stock98.01%
International stock0.87%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 16.11%
Financial service 15.94%
Hardware 12.04%
Consumer goods 11.58%
Energy 10.02%
Top 10 Holdings
Portfolio weighting
-- 1.02%
LUV Southwest Airlines0.96%
PPL PPL0.92%
PEG Public Service Enterprise Group Inc0.91%
EA Electronic Arts Inc0.88%
DLPH Delphi Automotive PLC0.87%
PGR Progressive Corp0.84%
UAL United Continental Holdings0.83%
CLX Clorox Co0.79%