Fidelity Fundamental Large Cap Value ETF

Cboe: FFLV

Listed February 26, 2024

Fidelity Fundamental Large Cap Value ETF seeks long-term growth of capital.

Normally investing at least 80% of the funds assets in equity securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000 Index or the S&P 500 Index).

Investing in securities of companies that FMR believes are undervalued in the marketplace in relation to factors such as the companys assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called value stocks).

Investing in domestic and foreign issuers.

Using an investment process that starts with fundamental analyst research and security recommendations, and reference portfolios managed by FMR (the Adviser) that are based on fundamental analysis, and then applying a quantitative portfolio construction process designed to emphasize securities in which the Adviser has high conviction subject to appropriate security and portfolio-level risk, liquidity, and trading characteristics.

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