Fidelity Real Estate Index Fund FSRNX NASDAQ

Fidelity Real Estate Index Fund is a passively managed fund that seeks to replicate the performance of the MSCI US IMI Real Estate 25/25 Index. The fund typically invests at least 80% of its assets in securities included in this index, providing broad exposure to the U.S. real estate market across various property sectors and company sizes. To enhance returns, the fund engages in securities lending activities, which generate additional income for shareholders. This strategy allows investors to gain diversified real estate exposure while benefiting from the fund's operational efficiency and cost-effective index-tracking approach.