Fidelity Mid Cap Index Fund Q1 2025 Commentary
Source: SeekingAlpha
2025-05-07 07:30:00 ET
Summary
- Fidelity Mid Cap Index Fund is a diversified domestic mid-cap equity strategy that seeks to closely track the returns and characteristics of the Russell Midcap Index.
- The fund finished the first quarter slightly lagging the -3.40% return of the Russell Midcap Index.
- The fund aims to hold each constituent security at approximately the same weight as the index.
Investment Approach
- Fidelity® Mid Cap Index Fund is a diversified domestic mid-cap equity strategy that seeks to closely track the returns and characteristics of the Russell Midcap® Index.
- The Russell Midcap® Index is a market-capitalization-weighted index designed to measure the performance of the 800 smallest companies in the Russell 1000® Index.
- The fund aims to hold each constituent security at approximately the same weight as the index.
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Fidelity Mid Cap Index Fund Q1 2025 Commentary
Fidelity MSCI Materials Index
NASDAQ: FMAT
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