Fidelity All-American Equity ETF (FCAM.NE)
Company overview
This actively managed fund-of-funds endeavors to generate capital growth through its investments in a diverse collection of Fidelity exchange-traded funds that target U.S. equities. The underlying ETFs provide comprehensive access to the American stock market, covering companies irrespective of their size or sector. Furthermore, these constituent ETFs are permitted to commit over 10% of their capital to other Fidelity funds, which are referred to as third-tier holdings. The fund may employ derivatives for both risk mitigation and other strategic objectives. During periods of market downturns, it has the option to temporarily park some or all of its assets in cash or fixed-income securities backed by the U.S. or Canadian governments. The sub-adviser retains absolute discretion to alter the portfolio's makeup whenever necessary. The portfolio undergoes rebalancing on an annual basis.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Fidelity All-American Equity ETF (FCAM.NE)
No price history available.
This actively managed fund-of-funds endeavors to generate capital growth through its investments in a diverse collection of Fidelity exchange-traded funds that target U.S. equities. The underlying ETFs provide comprehensive access to the American stock market, covering companies irrespective of their size or sector. Furthermore, these constituent ETFs are permitted to commit over 10% of their capital to other Fidelity funds, which are referred to as third-tier holdings. The fund may employ derivatives for both risk mitigation and other strategic objectives. During periods of market downturns, it has the option to temporarily park some or all of its assets in cash or fixed-income securities backed by the U.S. or Canadian governments. The sub-adviser retains absolute discretion to alter the portfolio's makeup whenever necessary. The portfolio undergoes rebalancing on an annual basis.
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