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Fidelity® Mid Cap Enhanced Index Fund (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+0.55% 3 years+11.31%
3 months+9.91% 5 years+10.11%
1 year-3.86% Since inception+7.85%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return+10.11%+7.75%
Expense ratio0.61%1.18%
Risk 5 year sharpe ratio0.800.59
Net assets$885.2M$1.6B
Average market cap$9.5B$6.7B
Average P/E14.118.1
Portfolio turnover88%88%

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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


U.S. stock98.26%
International stock0.66%
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
-- 1.03%
LUV Southwest Airlines1.01%
ICE Intercontinental Exchange Inc0.93%
UAL United Continental Holdings0.93%
AMAT Applied Materials Inc0.91%
SYF Synchrony Financial0.89%
PPL PPL0.89%
PEG Public Service Enterprise Group Inc0.88%
EW Edwards Lifesciences Corp0.86%
TSN Tyson Foods Inc0.86%

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