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FYMNX

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1d
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Analysis and statistics

  • Open
    10.4171$
  • Previous Close
    10.4171$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

FYMNX.US refers to the Fidelity Sustainable Multifactor Fund, which is a mutual fund offered by Fidelity Investments. It aims to provide long-term capital appreciation by investing in a diversified portfolio of stocks that are selected based on multiple factors, including sustainability and financial metrics. The fund employs a multifactor investment strategy to identify companies that are expected to outperform the market while also considering environmental, social, and governance (ESG) factors.
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Factors

Fund performance: Stronger performance typically leads to higher demand and a higher price.

Market conditions: Overall market trends, like bull or bear markets, influence fund prices.

Interest rates: Changes in interest rates can impact the attractiveness of fixed-income funds.

Expense ratio: Lower expense ratios can make a fund more attractive to investors.

Fund manager skill: The expertise and decisions of the fund manager influence fund performance and price.

Economic outlook: Economic growth, inflation, and unemployment rates affect investor sentiment.

Investor demand: High demand for a fund pushes its price up; low demand pulls it down.

Asset allocation: The types of assets the fund invests in (stocks, bonds, etc.) impact its price.

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