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Fidelity® Mid Cap Enhanced Index (FMEIX)

13.85
Net Asset Value
+0.22%
1 Day
+2.06%
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+0.29% 3 years+21.01%
3 months+0.29% 5 years+17.52%
1 year+12.28% Since inception+9.13%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+17.52%+15.90%
Expense ratio0.61%1.18%
Risk 5 year sharpe ratio1.321.09
Net assets$780.9M$1.7B
Average market cap$10.3B$7.5B
Average P/E15.419.7
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

Holdings

U.S. stock97.53%
Cash1.96%
International stock0.51%
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
-- 1.19%
EA Electronic Arts Inc0.85%
M Macy's0.84%
LUV Southwest Airlines0.84%
PCAR PACCAR Inc0.84%
AMAT Applied Materials Inc0.84%
STJ St. Jude Medical0.81%
TROW T. Rowe Price Group Inc0.81%
PEG Public Service Enterprise Group Inc0.80%
UAL United Continental Holdings0.79%