Description

The Fidelity Large Cap Value Enhanced Index Fund (FLVEX) aims to generate capital growth for its investors. To achieve this, the fund typically allocates a minimum of 80% of its total assets to common stocks. These equity holdings are primarily selected from companies within the Russell 1000® Value Index, a benchmark designed to track the performance of large, value-oriented U.S. companies, with its components weighted by their market capitalization. While focusing on the U.S. market, the fund also has the flexibility to invest in securities issued by both domestic and international entities.