Fidelity Total Market Index Fund FSKAX NASDAQ

Fidelity Total Market Index Fund (FSKAX) is a passively managed mutual fund that invests at least 80% of its assets in common stocks included in the Dow Jones U.S. Total Stock Market Index, providing broad exposure to the U.S. equity market. The fund employs statistical sampling techniques to replicate index returns using a smaller number of securities, rather than holding all index constituents. The sampling methodology considers key factors including market capitalization, industry exposures, dividend yield, price-to-earnings ratios, price-to-book ratios, and earnings growth. This approach aims to deliver index-level performance while maintaining operational efficiency and cost-effectiveness for investors seeking diversified U.S. stock market exposure.