Fidelity Salem is trading at 12.50 as of the 25th of November 2024; that is 0.81 percent increase since the beginning of the trading day. The fund's open price was 12.4. Fidelity Salem has about a 21 % 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 29th of February 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 International Quality Focus Index and in depositary receipts representing securities included in the index. The Fidelity International Quality Focus Index is designed to reflect the performance of large and mid-cap developed international stocks that have attractive quality characteristics.. More on Fidelity Salem Street
Fidelity Salem Street [FQITX] 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 Foreign Large Growth category and is part of Fidelity Investments family. Fidelity Salem Street currently has accumulated 318.52 M in assets under management (AUM) with no minimum investment requirements with the current yeild of 0.02%.
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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
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.