Fidelity Stock Sector Mid Cap Fund (FSSMX)
Fidelity Stock Sector Mid Cap Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $56.73, up 0.28% on the session, giving a market capitalisation of $2.77B. Its beta of 1.04 implies it has historically moved more than the broad market.
This investment vehicle typically commits a minimum of 80% of its assets to the shares of corporations with medium-sized market capitalizations. For the purposes of this fund, such companies are defined as those whose market values are comparable to constituents of the Russell Midcap® Index or the S&P MidCap 400® Index. It retains the flexibility to also acquire stakes in businesses with smaller or larger market valuations. The portfolio diversifies across both domestic and international issuers. Furthermore, its investment strategy encompasses either growth-oriented equities, value-oriented equities, or a combination of both.
Fidelity Stock Sector Mid Cap Fund is most often compared with the following Financial Services names: