FCVH

The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. Value Currency Neutral Index (the “Index”). The ETF normally holds securities of Fidelity U.S. Value ETF (the “underlying ETF”). The underlying ETF invests primarily in equity securities of large- and mid-capitalization U.S. companies that have attractive valuations. The ETF uses derivatives to try to minimize the exposure to currency fluctuations between the U.S. and Canadian dollars. The Index is designed to reflect the performance of stocks of large- and mid-capitalization U.S. companies that have attractive valuations.

Set it, forget it, let compounding do the heavy lifting. 💪