I tried to post a screenshot of what i saw but i don't think this sub allows it?
FSMAX is I think exclusive to Fidelity as one of their index funds. I believe it is a mid-cap fund.
I'll try to describe what i am seeing:
– Prior to 2010, the fund moves with the market
– From Jan 2010 to August 2011, the fund appeared to have a fixed price with no fluctuation.
– September 2011 there was a large drop, almost looks artificial? After that it moves with the market.
I checked comparison DJIA and S&P500, and there was a dip in September 2011. But I've never seen anything like this when researching a fund. I have no idea what it means and hoping somebody can explain it. Thank you.
Leave a Reply