Fidelity Managed Futures ETF

Fidelity Managed Futures ETF is an actively managed alternative ETF designed to seek capital appreciation through a systematic managed futures strategy. Fidelity Managed Futures ETF invests across equity, fixed income, currency, and commodity markets using long and short positions in futures and related instruments to pursue persistent price trends and diversify portfolio exposure. The fund may also use derivatives, cash instruments, and select direct investments to manage exposure and support its trading approach. As part of Fidelity’s alternatives lineup, it serves investors looking for a liquid implementation of trend-following strategies within an exchange-traded structure. Fidelity Managed Futures ETF is used in market environments where broad, rules-based exposure to multiple asset classes is desired, especially when price trends are pronounced across global markets.