Morningstar Fund Report  | 17/04/2025Print

Fidelity Index US Fund Class A Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Fidelity Index US Fund Class A Acc
Fund30.9-8.818.726.9-9.3
+/-Cat4.60.61.53.7-1.5
+/-B’mrk3.81.0-0.40.1-1.9
 
Category: US Large-Cap Blend Equity
Category Benchmark: Morningstar US Large-Mid NR...
Key Stats
NAV
16/04/2025		 GBX 545.62
Day Change -1.41%
Morningstar Category™ US Large-Cap Blend Equity
IA (formerly IMA) Sector North America
ISIN GB00B8G3MY63
Fund Size (Mil)
15/04/2025		 GBP 6350.81
Share Class Size (Mil)
15/04/2025		 GBP 3.47
Max Initial Charge -
Ongoing Charge
03/01/2025		  0.30%
Morningstar Research
Analyst Report30/01/2025
Brendan McCann, Associate Analyst
Morningstar, Inc

Fidelity Index US is expected to continue to outperform its Morningstar Category peers over the long term, with passive investment approaches such as the one offered with this strategy becoming the standard for investors looking to gain exposure...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent24
Process25
Performance
Price
Investment Objective: Fidelity Index US Fund Class A Acc
The Fund aims to track the performance of the S&P 500 (NUK) Index (before fees and expenses are applied) thereby seeking to increase the value of investor's investment over a period of 5 years or more. NUK means Net Total Return (WHT 15%). NUK is a customised index variant, designed and maintained by S&P, which aligns more closely with this Fund’s withholding tax treatment. The performance of the Fund is unlikely to track the performance of the index precisely. The Fund uses an ‘index tracking’ (also known as ‘passive’) investment management approach whereby it aims to replicate the composition of the index. However, for practical reasons and/or to reduce the dealing costs of the Fund, it may not invest in every company share in the index or at its weighting within the index.
Returns
Trailing Returns (GBP)16/04/2025
YTD-14.56
3 Years Annualised7.01
5 Years Annualised13.59
10 Years Annualised12.45
12 Month Yield 0.81
Management
Manager Name
Start Date
Not Disclosed
19/11/2012
Inception Date
19/11/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
S&P 500 NTR (15%) USDMorningstar US Large-Mid NR USD
Portfolio Profile for  Fidelity Index US Fund Class A Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.082.0196.07
Bond0.050.000.05
Property0.000.000.00
Cash4.030.153.88
Other0.000.000.00
Top 5 Regions%
United States99.42
Europe - ex Euro0.28
Eurozone0.16
United Kingdom0.10
Asia - Developed0.04
Top 5 Sectors%
Technology31.98
Financial Services13.98
Healthcare10.82
Consumer Cyclical10.66
Communication Services9.47
Top 5 HoldingsSector%
Apple IncTechnologyTechnology7.09
NVIDIA CorpTechnologyTechnology5.82
Microsoft CorpTechnologyTechnology5.76
Amazon.com IncConsumer CyclicalConsumer Cyclical3.86
Meta Platforms Inc Class ACommunication ServicesCommunication Services2.83
Increase Decrease New since last portfolio
Fidelity Index US Fund Class A Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Fidelity Index US Fund Class A Acc
Category:  US Large-Cap Blend Equity
Category Index:  Morningstar US Large-Mid NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return0.0126.0413.5230.85-8.8418.7426.92-9.33
+/- Category1.442.62-0.574.590.591.523.74-1.47
+/- Category Index-0.820.24-3.233.760.95-0.380.12-1.87
% Rank in Category4126601340462480
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.41   -1.01-0.83
1 Week4.14   1.94-0.25
1 Month-6.40   -0.820.24
3 Months-17.18   -2.02-1.01
6 Months-9.53   -0.44-1.68
YTD-14.56   -1.55-1.35
1 Year-0.15   1.58-1.15
3 Years Annualised7.01   0.70-0.50
5 Years Annualised13.59   0.78-0.31
10 Years Annualised12.45   1.320.24
 
Category: US Large-Cap Blend Equity
Category Index: Morningstar US Large-Mid NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-9.33---
202411.144.69-1.3910.63
20232.706.921.166.89
2022-0.85-11.036.11-2.60
20215.487.835.059.52
2020-12.5917.514.256.02
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearAverageBelow Average3 star
10-YearAbove AverageAverage4 star
OverallAbove AverageAverage4 star
 
Category :  US Large-Cap Blend EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.81 %
3-Yr Mean Return8.76 %
 
3-Yr Sharpe Ratio0.35
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar US Large-Mid NR USD  Morningstar US Large-Mid NR USD
3-Yr Beta0.850.85
3-Yr Alpha-0.58-0.58
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 273448-
Market Capitalisation% of Equity
Giant46.67
Large34.43
Medium18.12
Small0.77
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings22.211.05
Price/Book4.350.97
Price/Sales2.891.11
Price/Cash Flow14.951.01
Dividend-Yield Factor1.441.01
 
Long-Term Projected Earnings Growth11.001.00
Historical Earnings Growth9.420.85
Sales Growth7.940.91
Cash-Flow Growth6.860.85
Book-Value Growth8.680.84
 
Category: US Large-Cap Blend Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.082.0196.07
Bond0.050.000.05
Property0.000.000.00
Cash4.030.153.88
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States99.421.02
Canada0.000.00
Latin America0.000.00
United Kingdom0.100.62
Eurozone0.160.26
Europe - ex Euro0.280.51
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.000.00
Australasia0.00-
Asia - Developed0.040.41
Asia - Emerging0.000.00
 
Category: US Large-Cap Blend Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.760.82
Consumer CyclicalConsumer Cyclical10.661.02
Financial ServicesFinancial Services13.980.94
Real EstateReal Estate2.210.93
Consumer DefensiveConsumer Defensive5.881.08
HealthcareHealthcare10.820.91
UtilitiesUtilities2.581.15
Communication ServicesCommunication Services9.471.05
EnergyEnergy3.301.16
IndustrialsIndustrials7.360.96
TechnologyTechnology31.981.03
 
Category: US Large-Cap Blend Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings503
Total Number of Bond Holdings2
Assets in Top 10 Holdings34.10
NameSectorCountry% of Assets
Apple Inc311United States7.09
NVIDIA Corp311United States5.82
Microsoft Corp311United States5.76
Amazon.com Inc102United States3.86
Meta Platforms Inc Class A308United States2.83
Alphabet Inc Class A308United States1.94
Broadcom Inc311United States1.82
Berkshire Hathaway Inc Class B103United States1.82
Alphabet Inc Class C308United States1.60
Tesla Inc102United States1.56
 
Increase Decrease New since last portfolio
Category: US Large-Cap Blend Equity
 
Management
Name of CompanyFIL Investment Services (UK) Ltd
Phone(+44) 08003686868
Websitehttps://professionals.fidelity.co.uk/about-fidelity/contact-us
AddressBeech Gate, Millfield Lane, Lower Kingswood, Tadworth
 Surrey   KT20 6RP
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date19/11/2012
Fund Advisor(s)
Geode Capital Management, LLC
Fund ManagerNot Disclosed
Manager Start Date19/11/2012
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.30%
Ongoing Charge0.30%
Purchase Details
Minimum Investments
Initial500  GBP
Additional250  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes