FSAKJX

About FSAKJX

Fidelity Total Market Index Fund is an open-end mutual fund designed to deliver broad exposure to the entire U.S. equity market. Its primary objective is to closely track the performance of the Dow Jones U.S. Total Stock Market Index by investing at least 80% of assets in U.S. stocks across all capitalizations. The fund employs a diversified approach, holding thousands of securities and using statistical sampling techniques to replicate the index’s overall composition and characteristics. As a passively managed fund, it boasts a notably low expense ratio—among the lowest in its category—providing cost-effective access to U.S. equities with minimal turnover. The fund’s portfolio spans large-cap, mid-cap, and small-cap companies across varied sectors, making it a representative snapshot of the U.S. stock market. Its largest positions are typically in leading technology, communication services, consumer cyclical, and financial services companies. Fidelity Total Market Index Fund serves as a core holding for investors seeking exposure to the growth and income potential of the U.S. market, making it integral to diversified portfolios aiming for long-term capital appreciation.