- What does FSRNX invest in?
- The fund's primary strategy involves allocating a substantial portion, specifically at least 80%, of its total investments to the financial instruments that make up the MSCI US IMI Real Estate 25/25 Index. Moreover, it aims to enhance its overall earnings by engaging in the lending of its holdings.
- What is the expense ratio of FSRNX?
- Fidelity Real Estate Index Fund (FSRNX) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FSRNX?
- Fidelity Real Estate Index Fund (FSRNX) manages $3.17B 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 FSRNX actively managed or an index fund?
- FSRNX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FSRNX's is 0.07%) because there's no security selection cost.
- When was FSRNX launched?
- Fidelity Real Estate Index Fund (FSRNX) launched in September 2011 and is managed by Fidelity.
- How has FSRNX performed?
- FSRNX'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.