FITLX

About FITLX

Fidelity U.S. Sustainability Index Fund is an open-end mutual fund that tracks the performance of large- and mid-cap U.S. companies with robust environmental, social, and governance (ESG) practices. The fund seeks to align traditional index investing with a sustainability focus by primarily investing at least 80% of its assets in companies included in the MSCI USA ESG Leaders Index, which comprises firms recognized for their leadership in ESG metrics relative to peers in their sectors. This fund takes a broad-market approach while screening for leaders in responsible business conduct. Its portfolio is heavily weighted toward sectors such as technology, healthcare, and financial services, featuring top holdings like Microsoft, NVIDIA, and Alphabet. While designed to appeal to socially conscious investors, the fund maintains wide market exposure and diversification, holding nearly 300 securities. With a low expense ratio and minimal investment requirements, it offers accessible participation in the growing field of sustainable investing. The fund plays a significant role in the market for investors seeking both U.S. equity exposure and a commitment to ESG principles, balancing broad index-like returns with values-based criteria.