Fidelity Series Total Market Index Fund

Fidelity Series Total Market Index Fund is an open-end mutual fund designed to provide investors with broad exposure to the entire U.S. equity market. This passively managed fund seeks to replicate the performance of the Dow Jones U.S. Total Stock Market Index by investing at least 80% of its assets in a diverse portfolio of equity securities represented in the index. Its holdings span across large-, mid-, and small-cap companies, covering a wide spectrum of industries and sectors, with notable concentrations in technology, consumer cyclical, and communication services—evidenced by significant allocations to firms like Apple, Microsoft, NVIDIA, and Amazon. The fund is characterized by a low expense ratio and no minimum initial investment, making it accessible and cost-effective for a broad range of investors. With assets exceeding $70 billion, it ranks among the larger index funds in its category, providing substantial market liquidity and diversification. Fidelity Series Total Market Index Fund plays a key role in asset allocation strategies, serving as a core equity holding for investors seeking comprehensive U.S. stock market coverage with minimal ongoing management costs.