Fidelity Enhanced Large Cap Core ETF

Fidelity Enhanced Large Cap Core ETF is an actively managed equity ETF that focuses on large-cap U.S. companies with a core-style portfolio. Fidelity Enhanced Large Cap Core ETF seeks broad exposure to established domestic businesses across sectors such as technology, financials, communication services, health care, and industrials, using a quantitative, research-driven selection process. The fund is designed to hold a diversified basket of stocks that represent a large portion of the U.S. equity market while emphasizing companies with attractive valuation, growth, profitability, and quality characteristics. It is used by investors seeking a single-fund vehicle for large-cap U.S. stock exposure with active portfolio management rather than index replication. Fidelity Enhanced Large Cap Core ETF is part of Fidelity’s lineup of active ETF strategies and plays a role as a core equity building block in portfolios centered on U.S. large-cap equities.