Fidelity International Index Fund (FSPSX) {FSPSX 51.55 0.31 0.60% : Fidelity International Index Fund – Yahoo Finance} seeks to provide investment results that correspond to the total return of foreign stock markets. The fund normally invests at least 80% of assets in common stocks included in the MSCI EAFE Index, which represents the performance of foreign stock markets. The manager uses statistical sampling techniques based on such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, earnings growth, and country weightings to attempt to replicate the returns of the MSCI EAFE Index.

Fund Overview

  • Net Assets 37.41 Billions
  • YTD Return 12.90%
  • Yield 1.90%
  • Annual Expense Ratio 0.03%

Since its inception in 1997, FSPSX has tracked the MSCI EAFE Index, giving investors access to companies across more than 20 developed countries. The fund invests in companies with a market capitalization of more than $10 billion, with a focus on growth and value stocks. The portfolio holds 892 companies and is weighted across different market sectors including financials at about 16%, industrials at about 15% and health care at about 12.5% as its top three sectors. The fund’s holdings are regionally diversified among Europe, Japan and Asia Pacific (excluding Japan), with only 0.05% allocated toward U.S. investments. FSPSX has a one-year return of more than 9%.

Top 10 Holdings (15.10% of Total Assets)

NameSymbol% Assets
MSCI EAFE Index TAS Future June 21MFS/ZM213.04%
Fidelity Revere Str TrN/A2.39%
Nestle SANESN1.94%
ASML Holding NVASML1.56%
Roche Holding AGROG1.29%
LVMH Moet Hennessy Louis Vuitton SEMC.PA1.18%
Novartis AGNOVN1.07%
Toyota Motor Corp72030.89%
AIA Group Ltd01299.HK0.87%
Unilever PLCULVR.L0.87%

FSPSX is best for investors who are interested of owning a fund that has exposure to international stocks in developed markets at a very low expense.

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