Fidelity SAI International Value Index Fund (FIWCX)

Fidelity SAI International Value Index Fund is a passively managed mutual fund designed to provide investment results that closely correspond to the total return of international stocks with attractive valuations. The fund primarily tracks a diversified index composed of large-cap and mid-cap companies located outside the United States, focusing on those considered undervalued by traditional financial metrics. Its portfolio spans multiple sectors, including healthcare, financial services, communication services, consumer defensive, and energy, with notable holdings such as Sanofi SA, Banco Santander, Deutsche Telekom, and British American Tobacco. With assets totaling approximately $8.3 billion, the fund is recognized for its low-cost structure, boasting a highly competitive expense ratio and no load fees. By targeting foreign large value equities, the fund plays a significant role for investors seeking broad, cost-effective exposure to non-U.S. value stocks and contributes to diversified global equity strategies in the broader financial market.