Fidelity Mid Cap Growth Index Fund

Frequently Asked Questions About FMDGX

What does FMDGX invest in?

The fund typically commits at least 80% of its holdings to the securities found within the Russell Midcap® Growth Index. This market-capitalization-weighted index is specifically designed to measure the returns of growth-oriented mid-sized companies in the U.S. equity market.

What is the expense ratio of FMDGX?

Fidelity Mid Cap Growth Index Fund (FMDGX) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FMDGX?

Fidelity Mid Cap Growth Index Fund (FMDGX) manages $3.54B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FMDGX actively managed or an index fund?

FMDGX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FMDGX launched?

Fidelity Mid Cap Growth Index Fund (FMDGX) launched in July 2019 and is managed by Fidelity.

How has FMDGX performed?

FMDGX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.