FESM seeks capital appreciation by targeting common stocks within the Russel 2000 Index. The benchmark is a market capitalization-weighted index, specifically intended to evaluate the small-cap sector of the US equity market. Investments may also include foreign stocks. With the aim of potentially providing a total return that surpasses that of the Index, the fund utilizes a computer-aided, quantitative analysis that evaluates historical valuation, growth, profitability, and various other factors. In addition to capital growth, the fund engages in securities lending as an income-generating strategy. FESM converted from a mutual fund called Fidelity Small Cap Enhanced Index Fund to an actively managed ETF structure starting with $435 million in net assets.
公司网站 :
https://digital.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=FESM
总经理:-
建立时间:2023
公司总部:Fidelity Covington Trust Fidelity Enhanced Small Cap ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds