Family: | Fidelity |
Name: | Fidelity Disruptive Medicine ETF |
Inception Date: | 12-Jun-2023 |
Termination Date: | |
Investment Objective: | The fund seeks long-term growth of capital. Normally investing at least 80% of assets in securities of disruptive medicine companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. This may include creating, providing, or contributing to new or expanded business models, value networks, pricing, and delivery of products and services Companies within the disruptive medicine theme include but are not limited to those companies that, in the Adviser's opinion, are engaged in robotic surgery, gene therapy, genomics, rare diseases, medical devices and equipment, immunotherapy, technology-based health care platforms, and consumer wellness. |
Prospectus | |
Top 10 Holdings | ||
BOSTON SCIENTIFIC CORP | BSX | 6.4664% |
SECURITIES LENDING CF | 31635A303 | 6.0285% |
NET OTHER ASSETS | -5.9960% | |
INSULET CORP | PODD | 4.5537% |
INTUITIVE SURGICAL INC | ISRG | 4.5473% |
UNITEDHEALTH GROUP INC | UNH | 4.0576% |
DANAHER CORP | DHR | 3.7469% |
EXACT SCIENCES CORP | EXAS | 3.3982% |
ARGENX SE SPONSORED ADR | ARGX | 3.3389% |
REGENERON PHARMACEUTICALS INC | REGN | 3.0493% |
Top 10 Holdings Weight: | 33.2% |
Number of Holdings: | 63 |
Shares Outstanding: | 2,123,806 |
Total Net Assets: | 54,475,620 |
NAV: | 25.66 |
Net Expense Ratio: | 0.50% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
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Sector: | Healthcare |
Industry: | Healthcare Providers & Services |
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Market Cap: | Broad Market / Multi-Cap |
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Is Currency Hedged: | No |
US or Ex-US: | Domestic |