Fidelity® Mid Cap Enhanced Index (FMEIX)

13.72
Net Asset Value
+0.22%
1 Day
+3.31%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
0.62%
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.

Performance

1 month+1.09% 3 years+22.63%
3 months+5.73% 5 years+17.14%
1 year+14.77% Since inception+9.46%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+17.14%+14.91%
Expense ratio0.62%1.23%
Risk 5 year sharpe ratio1.191.02
Net assets$422.0M$1.7B
Average market cap$10.1B$7.2B
Average P/E16.819.2
Portfolio turnover128%128%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenurePatrick Waddell / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00

Holdings

U.S. stock94.55%
International stock2.81%
Cash2.64%
Fixed income0.00%
Other0.00%
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
-- E-mini S&P MidCap 400 Index Future Dec143.00%
ILMN Illumina Inc0.92%
CAH Cardinal Health Inc0.86%
MHFI McGraw Hill Financial Inc0.86%
CI Cigna Corp0.85%
LUV Southwest Airlines Co0.85%
PEG Public Service Enterprise Group Inc0.82%
WDC Western Digital Corp0.82%
HCA HCA Holdings Inc0.80%
HUM Humana Inc0.77%

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