Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX)

Fidelity SAI Emerging Markets Low Volatility Index Fund is an open-end mutual fund focused on providing investment results that correspond to the total return of lower-volatility stocks within emerging markets. The fund primarily invests in a diversified selection of large- and mid-cap equities from global emerging economies, aiming to capture growth potential while seeking to reduce overall market fluctuations relative to the broader emerging market universe. It tracks the Fidelity Emerging Markets Low Volatility Focus Index, leveraging a representative sampling approach to mirror the index's performance through a portfolio typically containing over 120 holdings across multiple sectors, including financial services, energy, technology, and consumer defensive industries. This fund is managed by Fidelity Management & Research Company LLC in partnership with Geode Capital Management, LLC. With a low expense ratio and a mandate to maintain at least 80% of assets in the index securities, the fund offers a cost-efficient vehicle for diversification and risk mitigation in emerging market investing, serving institutions and investors looking to balance growth opportunities with reduced volatility exposure in their global equity allocations.