FMADX Fidelity SAI Merger Arbitrage Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Mastercard (NYSE:MA), Electronic Arts (NASDAQ:EA).

The investment seeks capital appreciation. The fund normally invests its assets in equity securities and equity related derivative instruments, including special purpose acquisition vehicles, of companies that are or may be involved in publicly announced or reported merger or re-organization events (including pre-definitive and definitive takeovers, buyouts, liquidations, corporate simplifications, spin offs, and other similar corporate transactions and reorganizations), including stock-for-stock, cash, and mixed consideration mergers and acquisitions, or companies that the Adviser believes may be involved in merger transactions. It is non-diversified.

The average market capitalization across the Fidelity SAI Merger Arbitrage MF is 85B. The market cap for tickers in the group ranges from 2.95B to 493.15B. MA holds the highest valuation in this group at 493.15B. The lowest valued company is DBRG at 2.95B.

The average weekly volume growth across all stocks in the Fidelity SAI Merger Arbitrage MF was 11%. For the same stocks of the MF, the average monthly volume growth was 168% and the average quarterly volume growth was -27%