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Fidelity® Mid Cap Enhanced Index (FMEIX)

11.24
Net Asset Value
+2.27%
1 Day
-10.72%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
0.61%
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-5.31% 3 years+7.91%
3 months-11.20% 5 years+8.15%
1 year-15.50% Since inception+6.80%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+8.15%+9.08%
Expense ratio0.61%1.18%
Risk 5 year sharpe ratio0.760.57
Net assets$780.7M$1.5B
Average market cap$10.1B$6.8B
Average P/E14.018.4
Portfolio turnover89%89%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenurePatrick Waddell / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock97.96%
Cash1.12%
International stock0.93%
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
-- 1.32%
LUV Southwest Airlines0.94%
DLPH Delphi Automotive PLC0.91%
SYF Synchrony Financial0.91%
PPL PPL0.89%
ABC AmerisourceBergen Corp0.89%
ICE Intercontinental Exchange Inc0.88%
EA Electronic Arts Inc0.86%
STI SunTrust Banks Inc0.84%
NVDA NVIDIA Corp0.83%

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