Fidelity Large Cap Growth Idx Prm
FSUPX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Jun 16, 2016
- CIK
- 0000035315
- Similar Companies
- Business
- Fidelity Large Cap Growth Index Premium (FSUPX) is a mutual fund managed by Fidelity Investments that seeks investment results corresponding to the total return of the Russell 1000 Growth Index, which measures the performance of large capitalization U.S. growth stocks. The fund primarily invests at least 80% of its assets in common stocks included in the index or substantially similar securities, providing investors with low-cost exposure to large-cap growth equities; its net expense ratio stands at 0.07%, with a portfolio turnover rate of approximately 25%. Fidelity Investments, the fund sponsor founded in 1946 and headquartered in Boston, Massachusetts, offers FSUPX as part of its broad lineup of index mutual funds targeting domestic equity segments, including other share classes such as Institutional (FSUIX) and Institutional Premium (FSPGX). The fund serves institutional and high-minimum investors, with a minimum investment of $10,000, focusing on U.S. markets dominated by sectors like technology and consumer discretionary. In recent developments, FSUPX became defunct as of October 1, 2020, ceasing operations likely due to share class consolidation or merger into active counterparts like FSPGX amid Fidelity's ongoing efforts to streamline its index fund offerings. Fidelity Investments has continued expanding its large-cap growth and overall fund ecosystem, launching new ETFs such as Fidelity Enhanced U.S. All-Cap Equity ETF and enhancing proprietary separately managed accounts (SMAs) with equity and fixed-income strategies for retail and advisor clients in 2024. These changes reflect broader strategic shifts, including growth in exchange-traded products reaching 79 funds and $125.9 billion in assets by mid-2025, alongside innovations like fractional shares trading in personalized portfolios. No specific new partnerships, funding rounds, or product launches directly tied to FSUPX occurred post its closure, aligning with Fidelity's focus on cost-efficient, scalable index and active strategies across global operations.