Fidelity Health Savings Index Fund
FHSNX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Mar 13, 2020
- CIK
- 0000354046
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Health Savings Index Fund (FHSNX) is a mutual fund offered by Fidelity Investments that seeks total return to assist investors in saving for future eligible medical expenses through Health Savings Accounts (HSAs). The fund normally invests at least 80% of assets in a combination of passively managed Fidelity bond and equity index funds, including Fidelity U.S. Bond Index Fund (FXNAX), Fidelity Total Market Index Fund, Fidelity International Bond Index Fund, Fidelity International Index Fund (FSPSX), Fidelity Short-Term Bond Index Fund, Fidelity Emerging Markets Index Fund (FPADX), Fidelity Inflation-Protected Bond Index Fund, and Fidelity Commodity Strategy Fund, as well as affiliated and unaffiliated exchange-traded funds such as iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and iShares JP Morgan USD Emerging Markets Bond ETF; the portfolio allocation typically emphasizes U.S. bonds (approximately 35%), U.S. stocks (approximately 18%), non-U.S. stocks (approximately 18%), non-U.S. bonds (approximately 16%), cash (approximately 10%), and other assets. Launched on March 2, 2020, the fund is managed by Fidelity Management & Research Company LLC, a subsidiary of Fidelity Investments, which is headquartered in Boston, Massachusetts, and operates primarily in the United States with global investment exposure through its underlying funds. In recent developments, Fidelity Investments launched the FHSNX alongside the actively managed Fidelity Health Savings Fund (FHLSX/FHLKX) in March 2020 specifically to encourage greater investment adoption among HSA account holders by providing diversified, low-cost options for long-term growth potential on tax-free assets; no major acquisitions, partnerships, funding rounds, or strategic shifts have been reported for the fund in the last 1-2 years, maintaining its focus as a stable, index-based HSA investment vehicle with an expense ratio of approximately 0.17%-0.20% and assets under management around $27 million.