Fidelity Large Cap Growth Enhanced Idx (FLGEX - Free Report) a Zacks Rank #1 (Strong Buy) invests at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth segment of the U.S. equity market.

This Large Growth fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Foreign Bond. Further, as of the last filing, Apple Inc., Microsoft Corp. and Alphabet Inc. were the top holdings for FLGEX.

The Fidelity Large Cap Growth Enhanced Idx fund, managed by Fidelity, carries an expense ratio of 0.45%. Moreover, FLGEX requires a minimal initial investment of $2,500.

FLGEX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 21.32%, 3 year 10.23% and 5 year 13.59%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

FLGEX’s performance, as of the last filing, when compared to funds in its category was in the top 59% in 1 year, top 6% over the past 3 years, and in the 16% over the past 5 years.