Fidelity Mid Cap Enhanced Index Fund

Frequently Asked Questions About FMEIX

What does FMEIX invest in?

This investment vehicle's central aim is to deliver capital appreciation. It typically commits at least 80% of its assets to common equities that are included in the Russell Midcap® Index. This benchmark is market-capitalization weighted and is constructed to gauge the performance of the mid-sized company segment of the American stock market. The fund's investments can span both domestic and international companies.

What is the expense ratio of FMEIX?

An expense ratio for Fidelity Mid Cap Enhanced Index Fund (FMEIX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is FMEIX?

Fidelity Mid Cap Enhanced Index Fund (FMEIX) manages $1.40B 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 FMEIX actively managed or an index fund?

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

When was FMEIX launched?

Fidelity Mid Cap Enhanced Index Fund (FMEIX) launched in December 2007 and is managed by Fidelity.

How has FMEIX performed?

FMEIX'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.