Fidelity Mid Cap Enhanced Index Fund (FMEIX)
Fidelity Mid Cap Enhanced Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $16.15, up 0.75% on the session, giving a market capitalisation of $1.40B. Its beta of 0.95 implies it has historically moved less than the broad market.
This investment vehicle's central aim is to deliver capital appreciation. It typically commits at least 80% of its assets to common equities that are included in the Russell Midcap® Index. This benchmark is market-capitalization weighted and is constructed to gauge the performance of the mid-sized company segment of the American stock market. The fund's investments can span both domestic and international companies.
Fidelity Mid Cap Enhanced Index Fund is most often compared with the following Financial Services names: