Provides exposure to a portfolio of worldwide companies that rating properly across worth, high quality, low volatility, and momentum elements, and additionally have lower correlation to the U.S. market. Provides exposure to a portfolio of emerging-market companies that score well throughout value, quality, lower volatility, and momentum elements, and now have decrease correlation to the U.S. market. Targets shares of small- and mid-capitalization U.S. firms with engaging valuations, high-quality profiles, positive momentum indicators, and decrease volatility than the broader market. The fund invests primarily in preferred securities, that are a kind of hybrid investment—sometimes known as “hybrids”—that combine the options and characteristics of each stocks and bonds. Fidelity combines the energy of its mounted income investing expertise with deep research capabilities to offer a strong lineup of bond ETFs throughout duration and credit score spectrums.
