Fidelity® Mid Cap Enhanced Index (FMEIX)

14.18
Net Asset Value
-0.14%
1 Day
+4.50%
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 month0.00% 3 years+23.15%
3 months+0.79% 5 years+18.40%
1 year+16.02% Since inception+9.34%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+18.40%+13.75%
Expense ratio0.61%1.19%
Risk 5 year sharpe ratio1.060.87
Net assets$734.0M$1.7B
Average market cap$11.0B$7.5B
Average P/E17.519.1
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. stock97.98%
Cash1.99%
International stock0.03%
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
-- 2.63%
KR Kroger Co1.04%
CI Cigna Corp0.94%
CAH Cardinal Health Inc0.92%
LUV Southwest Airlines0.91%
UAL United Continental Holdings0.84%
ZTS Zoetis Inc0.81%
PEG Public Service Enterprise Group Inc0.81%
M Macy's0.81%
EA Electronic Arts Inc0.80%

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