Investing in Fidelity's S&P 500 Index Fund Are you looking for a reliable, long-term investment? If so, Fidelity's S&P 500 Index Fund might be the perfect choice for you. This index fund seeks capital appreciation and primarily invests money in the stocks that make up the S&P 500 Index. It is a great option for investors who want exposure to the large-cap market without taking on additional risk.
What is the S&P 500 Index Fund? The S&P 500 Index Fund is an index fund that is designed to track the performance of the S&P 500 Index. You'll find S&P 500 index funds offered by different fund companies such as Vanguard and Fidelity. Since the composition of the funds are the same, the only difference is the fees and expenses charged by each company. The Fidelity version of the fund is the Fidelity Magellan Fund or in a Vanguard 500 index investor fund.
How does the Fidelity S&P 500 Index Fund work? The Fidelity S&P 500 Index Fund works by tracking the performance of the S&P 500 Index. The fund invests in a portfolio of stocks that are part of the index, and its performance is closely tied to the performance of the index. The fund does not have a Zacks Mutual Fund Rank, though we have been able to explore other metrics like performance, volatility, and cost.