Fidelity SAI International Qly Idx (FQITX)

Fidelity SAI International Quality Index Fund is a mutual fund that aims to replicate the performance of the Fidelity International Quality Focus Index. This index is composed of large- and mid-cap stocks from developed international markets, with a particular focus on selecting companies that demonstrate strong quality characteristics such as stable earnings, robust balance sheets, and sustainable growth profiles. The fund provides investors with diversified exposure to non-U.S. equities, making it a vehicle for broad international diversification outside the domestic market. With a disciplined, rules-based approach, the fund seeks to balance return potential with risk considerations, appealing to investors looking to capture the performance of high-quality overseas companies. It features a low expense ratio, enhancing its cost-efficiency relative to actively managed alternatives, and measures its performance against global benchmarks like the MSCI ACWI ex USA Growth Index.