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Fidelity Electric Vehicles and Future Transportation ETF seeks to provide returns that correspond generally to the performance of the Fidelity Electric Vehicles and Future Transportation Index. The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum engaged in the production of electric and/or autonomous vehicles and their components, technology or energy systems or engaged in other initiatives that aim to change the future of transportation. The fund is non-diversified. |
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