FEAC – Fidelity Enhanced U.S. All-Cap Eq ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation. Normally investing at least 80% of assets in U.S. equity securities. The fund invests primarily in common stocks. Investing assets across market cap ranges in large cap, mid cap, and small cap stocks. Generally utilizing a research-driven approach identifying long-term drivers of stock returns that may include, but are not limited to, valuation, growth, quality, and other factors.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FEAC	Fidelity Enhanced U.S. All-Cap Equity ETF	ETF	Open	—		Nov 19, 2024	$16.29M	0.180%	—	—	$7.56M

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