Fidelity Mid Cap Value Index Fund (FIMVX)
Fidelity Mid Cap Value Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $36.05, up 0.19% on the session, giving a market capitalisation of $1.96B. Its beta of 0.95 implies it has historically moved less than the broad market.
The fund's core investment approach is to commit at least 80% of its total assets to securities that are components of the Russell Midcap® Value Index. This benchmark index, which employs a market capitalization-weighted methodology, is specifically constructed to track the performance of value-oriented companies within the mid-capitalization sector of the American stock market.
Fidelity Mid Cap Value Index Fund is most often compared with the following Financial Services names: