Fidelity Sai Momentum Fund Quote
| FUMIX Fund | USD 17.66 0.29 1.67% |
Performance8 of 100
| Odds Of DistressLess than 18
|
Fidelity Sai is trading at 17.66 as of the 31st of January 2025; that is 1.67 percent increase since the beginning of the trading day. The fund's open price was 17.37. Fidelity Sai has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities included in the MSCI USA Custom Momentum Composite Index. The MSCI USA Custom Momentum Composite Index is a customized version of the MSCI USA Momentum Index, which is designed to reflect the performance of an equity momentum strategy by emphasizing stocks with relatively higher price momentum. More on Fidelity Sai Momentum
Moving together with Fidelity Mutual Fund
Fidelity Mutual Fund Highlights
| Fund Concentration | Fidelity Investments Funds, Large Blend Funds, Large Growth Funds, Large Growth, Fidelity Investments (View all Sectors) |
| Expense Ratio Date | 29th of September 2022 |
| Fiscal Year End | July |
Fidelity Sai Momentum [FUMIX] is traded in USA and was established 31st of January 2025. Fidelity Sai is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Fidelity Investments family. This fund currently has accumulated 328.15 M in assets under management (AUM) with no minimum investment requirementsFidelity Sai Momentum is currently producing year-to-date (YTD) return of 5.98% with the current yeild of 0.0%, while the total return for the last 3 years was 15.28%.
Check Fidelity Sai 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 Sai Momentum 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 Sai Momentum Mutual Fund Constituents
| TMO | Thermo Fisher Scientific | Stock | Health Care | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| BAC | Bank of America | Stock | Financials | |
| CHTR | Charter Communications | Stock | Communication Services | |
| C | Citigroup | Stock | Financials | |
| AAPL | Apple Inc | Stock | Information Technology | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| MRNA | Moderna | Stock | Health Care |
Fidelity Sai Top Holders
| FCTDX | Strategic Advisers Fidelity | Mutual Fund | Large Blend |
Fidelity Sai Momentum Risk Profiles
| Mean Deviation | 0.7454 | |||
| Semi Deviation | 1.0 | |||
| Standard Deviation | 0.9727 | |||
| Variance | 0.9461 |
Fidelity Sai Against Markets
Other Information on Investing in Fidelity Mutual Fund
Fidelity Sai 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 Sai security.
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