Fidelity UK Index Fund tracks the FTSE All-Share Index, a broad and diversified benchmark that captures approximately 98% of the UK equity market, offering comprehensive and representative exposure to UK-listed stocks. The index allocates around one-fourth of its weight to mid-, small-, and micro-cap stocks, offering more diversified exposure than the well-known but large-cap-heavy FTSE 100 Index. As a result, the FTSE All-Share Index is expected to deliver stronger risk-adjusted returns over the long term. The fund employs an optimized approach to replicate the index.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable Fidelity Index UK Fund X Accumulation’s performance objective and investment process is for both security selection and portfolio construction.
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