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FODEX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    20.2126$
  • Previous Close
    20.2126$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

Fidelity Overseas Fund (FODEX.US) is a mutual fund offered by Fidelity Investments that aims to achieve long-term capital growth by investing primarily in securities of foreign issuers. The fund's investments can span across various market capitalizations and industries located outside of the United States. FODEX is typically used by investors seeking international diversification within their investment portfolios.
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Factors

FODEX.US likely refers to a Fidelity index fund. Its price, the Net Asset Value (NAV), is primarily influenced by: Underlying Index Performance: The fund mirrors a specific market index. If that index rises, the fund's NAV will likely increase. Conversely, if the index declines, so will the NAV. Market Sentiment: Overall investor optimism or pessimism affects demand for index funds. Higher demand can drive the price up slightly above the NAV, creating a premium. Supply and Demand: While index funds generally trade close to NAV, imbalances in buying and selling pressure can cause minor price fluctuations. Fund Expenses: The fund's expense ratio (management fees, operating costs) gradually reduces returns and thus, impacts the overall price compared to its benchmark index. Dividends: Dividends paid by companies within the index are collected by the fund and eventually distributed to shareholders, which can affect the fund's price slightly around the ex-dividend date.

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