FSMDX: Reviewing The MidCap Fund I Bought My Mom
- The Fidelity Mid Cap Index Fund is a low cost means of investing in the Russell Midcap Index.
- Along with reviewing FSMDX, its performance over the past decade is compared to a pair of actively managed Fidelity Mid Cap funds. This results in my giving FSMDX a Hold rating.
- While Large-Cap stocks are the best performers over the past decade, longer history shows the advantage of some mid cap allocation.
Alistair Berg
Introduction
The last change I made once taking over managing my mother's IRA after my dad passed was expanding her equity exposure beyond Large-Cap stocks by adding the Fidelity Mid Cap Index Fund (MUTF:FSMDX) to
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