The Fidelity Mid Cap Index Fund (FSMDX) is a mutual fund that seeks to track the performance of mid-sized companies in the stock market. It is managed by Fidelity Investments and invests in a diverse portfolio of mid-cap stocks, providing investors with exposure to this segment of the market. This fund is designed for investors seeking long-term growth potential and a lower level of risk compared to investing in individual stocks. With a low expense ratio and a focus on index tracking, FSMDX offers a cost-effective and efficient way to gain exposure to mid-cap companies.
For Mutual Funds, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the Mutual Fund's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual Mutual Fund ticker.