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FDFF Fidelity Covington Trust - Fidelity Disruptive Finance ETF
Fidelity Covington Trust - Fidelity Disruptive Finance ETF logo

Fidelity Covington Trust - Fidelity Disruptive Finance ETF is an open-end equity mutual fund launched and managed by Fidelity Management & Research Company LLC. It is co-managed by Fidelity Management & Research (U.K.) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited. It invests in public equity markets of global region. It invests in stocks of companies operating across disruptive finance companies, engaging in digital solutions to deliver more cost effective, efficient, and customized financial services such as blockchain enabled financial services, digital payments, data processing, internet banks, embedded finance, AI-enabled underwriting and other disruptive lending and insurance business models sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the MSCI ACWI (All Country World Index) Index and the MSCI All Country World Financials Equal Weighted Index. Fidelity Covington Trust - Fidelity Disruptive Finance ETF was formed on April, 16, 2020 and is domiciled in the United States.