FIVA – Fidelity International Value 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 ® International Value Factor Index. The fund normally invests at least 80% of assets in securities included in the Fidelity International Value Factor Index℠ and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations.

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
FIVA	Fidelity International Value Factor ETF	ETF	Open	—		Jan 16, 2018	—	0.180%	—	—	—
FIVA	Fidelity International Value Factor ETF	ETF	Open			Jan 16, 2018	$623.06M	0.180%	—	—	$274.84M

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