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FMED ETF Profile


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