The Fidelity Extended Market Index Fund (FSMAX) is a mutual fund that seeks to track the performance of the overall stock market by investing in a wide range of companies outside of the S&P 500 index. This fund provides investors with exposure to mid and small-cap stocks, offering potential for growth and diversification in their portfolio. With a low expense ratio and a focus on long-term returns, FSMAX is a popular choice for investors looking for broad market exposure.
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