The Fidelity Small Cap Index Fund (FSSNX) is a mutual fund that seeks to track the performance of small-cap stocks in the US market. It is managed by Fidelity Investments and invests in a diverse portfolio of small-cap companies, providing investors with exposure to this segment of the market. The fund aims to provide long-term capital growth by investing in companies with smaller market capitalizations, which may have higher growth potential but also carry higher risk. FSSNX is a passively managed index fund, meaning it seeks to replicate the performance of a specific market index rather than actively selecting individual stocks. This can result in lower fees for investors. Overall, the Fidelity Small Cap Index Fund offers a way for investors to gain exposure to small-cap stocks and potentially benefit from their growth potential.
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.