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FLRAX

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1d
1w
1m

Analysis and statistics

  • Open
    43.4583$
  • Previous Close
    43.4583$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FLRAX.US refers to the Fidelity RAFI US Index Fund. This fund seeks to track the performance of the RAFI US Index, which is designed to reflect the performance of stocks of U.S. companies based on fundamental measures, such as sales, cash flow, book value, and dividends. It is a passively managed fund that aims to provide investment results that correspond to the total return performance of its underlying index.
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Factors

Fund performance: Positive fund performance typically attracts more investors, driving up demand and the price.

Underlying assets: The value of assets held within the fund directly influences its net asset value (NAV) and share price.

Market conditions: Broad market trends, sector-specific performance, and economic news impact the fund's holdings and price.

Investor sentiment: General optimism or pessimism in the market can affect demand for the fund, impacting its price.

Interest rates: Changes in interest rates can influence the attractiveness of fixed income assets within the fund.

Fund flows: Large inflows increase demand, pushing the price higher; outflows decrease demand, lowering the price.

Management fees: Higher fees can reduce returns, potentially impacting investor demand and the fund's price.

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