FLTB – Fidelity Limited Term Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide a high rate of income. The fund normally invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. Allocating the fund's assets across investment-grade, high yield, and emerging markets debt securities. Using the Fidelity Limited Term Composite Index℠ as a guide in allocating assets across the investment-grade and high yield asset classes.

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
FLTB	Fidelity Limited Term Bond ETF	ETF	Open			Oct 6, 2014	$480.04M	0.250%	—	—	$210.92M

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