Fidelity Series International Index Fund (FHLFX)

Fidelity Series International Index Fund is a mutual fund designed to closely track the performance of major developed foreign equity markets. Its primary objective is to mirror the total return of the MSCI EAFE Index, a widely recognized benchmark representing large- and mid-cap stocks across Europe, Australasia, and the Far East. The fund typically invests at least 80% of its assets in the common stocks of companies included in this index, providing diversified exposure to international sectors such as technology, healthcare, consumer defensive, and energy through holdings like ASML Holding NV, Novo Nordisk, SAP SE, Nestlé, and Toyota Motor Corporation. Notably, the fund maintains a low expense ratio and a low portfolio turnover, emphasizing cost efficiency and passive investment strategy. It plays a significant role for investors seeking to diversify their portfolios outside of domestic markets and gain access to developed-market equities globally, often serving as an underlying component in asset allocation models and institutional investment programs.