Fidelity Salem Street Fund Quote
| FEMVX Fund | USD 13.72 0.04 0.29% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Fidelity Salem is trading at 13.72 as of the 25th of November 2024; that is 0.29 percent increase since the beginning of the trading day. The fund's open price was 13.68. Fidelity Salem has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Fidelity Salem Street are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Normally investing at least 80 percent of assets in securities included in the Fidelity Emerging Markets Value Focus Index and in depositary receipts representing securities included in the index. The Fidelity Emerging Markets Value Focus Index is designed to reflect the performance of large and mid-cap stocks in emerging markets that have attractive valuation metrics.. More on Fidelity Salem Street
Moving together with Fidelity Mutual Fund
Fidelity Mutual Fund Highlights
| Fund Concentration | Fidelity Investments Funds, Large Value Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, Fidelity Investments, Emerging Markets Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
Fidelity Salem Street [FEMVX] is traded in USA and was established 25th of November 2024. Fidelity Salem is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Fidelity Investments family. Fidelity Salem Street currently has accumulated 3.18 B in assets under management (AUM) with no minimum investment requirements with the current yeild of 0.04%.
Check Fidelity Salem Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Salem Street Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Salem Street Mutual Fund Constituents
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
Fidelity Salem Top Holders
| FSAMX | Strategic Advisers Emerging | Mutual Fund | Diversified Emerging Mkts | |
| FGOMX | Strategic Advisers Fidelity | Mutual Fund | Diversified Emerging Mkts |
Fidelity Salem Street Risk Profiles
| Mean Deviation | 0.7288 | |||
| Standard Deviation | 0.9835 | |||
| Variance | 0.9672 | |||
| Risk Adjusted Performance | (0.01) |
Fidelity Salem Against Markets
Other Information on Investing in Fidelity Mutual Fund
Fidelity Salem financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Salem security.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |