FXSCX

About FXSCX

Fidelity Flex Small Cap Focused Index Fund is an open‑end U.S. equity index mutual fund designed to track the total return of **small‑capitalization** companies in the United States. The strategy normally invests at least 80% of assets in securities of small-cap firms included in the proprietary Fidelity U.S. Small Cap Focused Index, a benchmark constructed to mirror the performance of the small‑cap segment with market caps comparable to constituents of the Russell 2000 or S&P SmallCap 600 indexes. The fund seeks broad exposure across sectors where small caps are active—such as industrials, technology, health care, consumer discretionary, and financials—using a rules‑based, passive approach to maintain style purity and cost efficiency. By concentrating on smaller companies, the fund captures the segment’s role in the market as a source of diversification, domestic economic sensitivity, and exposure to earlier‑stage growth trajectories within the public markets. The Flex structure is intended for certain fee‑eligible platforms, emphasizing index replication, transparent methodology, and disciplined rebalancing aligned with its small‑cap focused benchmark.