Fidelity® Mid Cap Enhanced Index (FMEIX)

14.08
Net Asset Value
+0.57%
1 Day
+3.76%
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-0.56% 3 years+19.06%
3 months+2.62% 5 years+16.68%
1 year+16.28% Since inception+9.81%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+16.68%+14.77%
Expense ratio0.62%1.22%
Risk 5 year sharpe ratio1.200.98
Net assets$604.8M$1.7B
Average market cap$10.6B$8.2B
Average P/E16.820.0
Portfolio turnover128%128%

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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$500.00

Holdings

U.S. stock93.95%
Cash5.71%
International stock0.34%
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
-- 1.99%
LUV Southwest Airlines0.96%
KR Kroger Co0.92%
CAH Cardinal Health Inc0.87%
UAL United Continental Holdings0.84%
HCA HCA Holdings Inc0.79%
M Macy's0.79%
ILMN Illumina Inc0.79%
EA Electronic Arts Inc0.78%
WDC Western Digital Corp0.78%

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