FDMO – Fidelity Momentum Factor ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index℠. The fund normally invests at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals. It invests in lending securities to earn income for the fund.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FDMO	Fidelity Momentum Factor ETF	ETF	Open			Sep 12, 2016	$875.63M	0.150%	—	—	$211.82M

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