Fidelity Salem Street Trust - Fidelity Flex Mid Cap Index Fund(NASDAQMUTFUND) FLAPX

The Fidelity Flex Mid Cap Index Fund focuses on investing in medium-cap U.S. companies, primarily tracking the Russell Midcap® Index. This fund aims to provide investors with exposure to a diversified portfolio of mid-sized firms, which are often positioned for growth.

Products and Services

• Invests at least 80% in securities of the Russell Midcap® Index
• Offers a diversified portfolio of medium-cap U.S. companies
• Provides investors with a low-cost investment option

Growth Outlook

• Medium-cap stocks have historically outperformed large-cap stocks
• Increased investor interest in mid-cap growth potential
• Strong economic indicators support mid-cap sector expansion

Financial Highlights

• Market capitalization of approximately $617.57 million
• Stock price range between $20.09 and $26.27 over the past year
• Beta of 1.021 indicates performance closely aligned with the market

The Fidelity Flex Mid Cap Index Fund is designed for investors seeking exposure to medium-sized companies, which can offer significant growth opportunities. By focusing on the Russell Midcap® Index, the fund captures a diverse range of sectors and industries, allowing for a balanced investment approach. The recent market capitalization reflects a solid position within the asset management industry, while the stock price range indicates potential for appreciation. The fund's beta suggests that it moves in tandem with the overall market, making it a viable option for those looking to invest in mid-cap equities.