Fidelity International Value ETF FCIV (TSX)

Strategy

In order to achieve its investment objective, Fidelity International Value Index ETF normally invests its assets in the Constituent Securities of the Fidelity Canada International Value Index, including in ADRs and GDRs representing Constituent Securities of that Index. In the alternative, this Fidelity ETF may use a sampling methodology to invest - 20 - in a broadly diversified collection of securities that, in the aggregate, approximates the Index in terms of key characteristics by taking into account such factors as volatility, capitalization, industry exposure, fundamental characteristics, liquidity, country weightings and the effect of foreign taxes