FESIX: Fidelity® SAI Real Estate Index

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

FESIX Fidelity® SAI Real Estate Index


Profile

FESIX - Profile

Vitals

  • YTD Return -22.0%
  • 3 Yr Annualized Return -4.8%
  • 5 Yr Annualized Return N/A
  • Net Assets $30.7 M
  • Holdings in Top 10 47.0%

52 WEEK LOW AND HIGH

$9.35
$7.05
$12.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.15%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 9.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return -22.0%
  • 3 Yr Annualized Total Return -3.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Fidelity® SAI Real Estate Index Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Feb 02, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Matthew

Fund Description

The fund normally invests at least 80% of assets in securities included in the Dow Jones U.S. Select Real Estate Securities Index? (the index). It lends securities to earn income for the fund.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

FESIX - Fund Company Quick Screens


Performance

FESIX - Performance

Return Ranking - Trailing

Period FESIX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.0% -37.0% 2.5% 86.42%
1 Yr -20.3% -54.6% 21.5% 74.52%
3 Yr -4.8%* -23.8% 6.9% 50.00%
5 Yr N/A* -23.4% 6.8% N/A
10 Yr N/A* -8.3% 6.2% N/A

* Annualized

Return Ranking - Calendar

Period FESIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.5% -22.7% 43.1% 51.75%
2018 -7.8% -44.0% 2.2% 21.81%
2017 0.8% -16.4% 25.4% 48.18%
2016 N/A -28.0% 12.5% N/A
2015 N/A -19.4% 2.4% N/A

Total Return Ranking - Trailing

Period FESIX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.0% -37.0% 2.5% 86.42%
1 Yr -20.3% -54.6% 21.5% 74.52%
3 Yr -3.2%* -22.5% 6.9% 63.79%
5 Yr N/A* -16.7% 6.8% N/A
10 Yr N/A* -4.2% 10.5% N/A

* Annualized

Total Return Ranking - Calendar

Period FESIX Return Category Return Low Category Return High Rank in Category (%)
2019 18.5% -22.7% 43.1% 51.75%
2018 -5.8% -43.3% 2.2% 23.46%
2017 3.7% -13.6% 31.4% 59.55%
2016 N/A -12.3% 12.5% N/A
2015 N/A -15.2% 7.7% N/A

NAV & Total Return History


Holdings

FESIX - Holdings

Concentration Analysis

FESIX Category Low Category High FESIX % Rank
Net Assets 30.7 M 1.26 M 54.6 B 87.35%
Number of Holdings 96 21 660 14.50%
Net Assets in Top 10 36.6 M 718 K 26.5 B 77.32%
Weighting of Top 10 46.97% 10.6% 78.9% 66.79%

Top 10 Holdings

  1. Prologis Inc 11.45%
  2. Digital Realty Trust Inc 7.04%
  3. Public Storage 5.75%
  4. Equity Residential 4.16%
  5. AvalonBay Communities Inc 3.96%
  6. Welltower Inc 3.59%
  7. Simon Property Group Inc 3.25%
  8. Essex Property Trust Inc 2.81%
  9. Boston Properties Inc 2.56%
  10. Extra Space Storage Inc 2.40%

Asset Allocation

Weighting Return Low Return High FESIX % Rank
Stocks
99.68% 6.22% 113.50% 13.01%
Cash
0.32% -103.72% 19.82% 84.76%
Preferred Stocks
0.00% 0.00% 53.49% 69.89%
Other
0.00% -4.55% 88.14% 69.52%
Convertible Bonds
0.00% 0.00% 6.95% 68.03%
Bonds
0.00% -2.64% 106.34% 69.52%

Stock Sector Breakdown

Weighting Return Low Return High FESIX % Rank
Real Estate
99.50% 43.26% 100.00% 52.51%
Technology
0.12% 0.00% 15.01% 19.69%
Healthcare
0.09% 0.00% 3.74% 3.47%
Industrials
0.08% 0.00% 9.56% 7.72%
Consumer Cyclical
0.07% 0.00% 27.49% 39.77%
Financial Services
0.06% 0.00% 7.44% 13.51%
Communication Services
0.03% 0.00% 2.48% 5.02%
Consumer Defense
0.02% 0.00% 0.23% 1.54%
Basic Materials
0.02% 0.00% 5.36% 2.70%
Utilities
0.01% 0.00% 6.44% 5.02%
Energy
0.01% 0.00% 1.63% 1.93%

Stock Geographic Breakdown

Weighting Return Low Return High FESIX % Rank
US
99.68% 6.22% 113.50% 11.52%
Non US
0.00% 0.00% 28.26% 76.21%

Expenses

FESIX - Expenses

Operational Fees

FESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.07% 19.12% 98.41%
Management Fee 0.07% 0.00% 1.67% 1.86%
12b-1 Fee N/A 0.00% 1.00% 8.97%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

FESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 6.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 3.00% 257.00% 5.02%

Distributions

FESIX - Distributions

Dividend Yield Analysis

FESIX Category Low Category High FESIX % Rank
Dividend Yield 0.00% 0.00% 7.70% 70.26%

Dividend Distribution Analysis

FESIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

FESIX Category Low Category High FESIX % Rank
Net Income Ratio 3.31% -0.10% 5.67% 7.63%

Capital Gain Distribution Analysis

FESIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FESIX - Fund Manager Analysis

Managers

Peter Matthew


Start Date

Tenure

Tenure Rank

Feb 02, 2016

4.24

4.2%

Since joining Geode in 2007, Mr. Matthew has worked as a senior operations associate, portfolio manager assistant, and assistant portfolio manager. Prior to joining Geode, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005.

Deane Gyllenhaal


Start Date

Tenure

Tenure Rank

Feb 02, 2016

4.24

4.2%

Since joining Geode in 2014, Mr. Gyllenhaal has worked as a senior portfolio manager. Prior to joining Geode, Mr. Gyllenhaal was a senior portfolio manager at Hartford Investment Management from 2006 to 2014.

Louis Bottari


Start Date

Tenure

Tenure Rank

Feb 02, 2016

4.24

4.2%

Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior portfolio manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.

Robert Regan


Start Date

Tenure

Tenure Rank

Dec 31, 2016

3.33

3.3%

Since joining Geode in 2016, Mr. Regan has worked as a portfolio manager. Prior to joining Geode, Mr. Regan was senior implementation portfolio manager at State Street Global Advisors from 2008 to 2016.

Payal Gupta


Start Date

Tenure

Tenure Rank

Jun 30, 2019

0.84

0.8%

Payal Gupta joined Geode in 2019, Ms. Gupta has worked as a portfolio manager. Prior to joining Geode, Ms. Gupta worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Before joining SSGA in 2005, she worked as an analyst at Concentra Integrated Services and at Morgan Stanley. Ms. Gupta holds an MBA with specialization in Investments and Information Systems from Northeastern University and a Bachelor of Science in Information Technology from Bay Path University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 26.34 8.69 14.34