Fidelity Concord Street Trust Files Form 497K with SEC
In a recent SEC filing, Fidelity Concord Street Trust (CIK: 0000819118) submitted a Form 497K. This form is typically used by investment companies to notify shareholders of their intent to reinvest dividends and capital gains distributions into additional shares of the fund, rather than receiving them in cash. By submitting this filing, Fidelity Concord Street Trust is providing transparency to its investors regarding this reinvestment strategy, which can have implications for their overall investment returns and tax liabilities.
Fidelity Concord Street Trust is a reputable investment company that offers a range of mutual funds and investment solutions to individual and institutional investors. With a focus on providing diversified investment options and professional portfolio management, Fidelity Concord Street Trust aims to help investors achieve their financial goals. For more information about Fidelity Concord Street Trust and its investment offerings, please visit their official website.
Overall, the submission of Form 497K by Fidelity Concord Street Trust underscores the company’s commitment to keeping investors informed about their investment strategies and distributions. Investors in Fidelity Concord Street Trust funds should review this filing carefully to understand how dividend and capital gains distributions will be handled within their portfolios.
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Fidelity Concord Street Trust Submits Form 497K to SEC