How much money would you have made on FSKAX?

Summary

FSKAX is the ticker symbol for the Fidelity Small Cap Index Fund, which is a mutual fund managed by Fidelity Investments. Fidelity Investments is a financial services company that was founded in 1946 by Edward C. Johnson II. The company offers a range of investment products and services, including mutual funds, ETFs, and individual retirement accounts.

The Fidelity Small Cap Index Fund is a passively-managed fund that tracks the performance of the Russell 2000 Index, which is an index of small-cap stocks listed on the U.S. stock market. The fund was created in 1992 and is designed to provide investors with exposure to the small-cap segment of the U.S. equity market.

The fund's latest market offerings include a range of small-cap stocks from various sectors of the economy. Some of the sectors represented in the fund's portfolio include consumer discretionary, financials, healthcare, and technology.

In the latest quarter, the Fidelity Small Cap Index Fund reported net inflows of $217 million. The fund's total assets under management as of the end of the quarter were $13.7 billion. The fund's performance in the quarter was in line with the overall performance of the small-cap segment of the market, with the fund's net asset value (NAV) returning 3.2% for the quarter.

Overall, the Fidelity Small Cap Index Fund is a solid choice for investors looking to gain exposure to the small-cap segment of the U.S. equity market. The fund is well-diversified and offers a low-cost way to invest in a broad range of small-cap stocks. While past performance is no guarantee of future results, the fund has a strong track record of delivering solid returns for its investors over the long term.

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