Fidelity Greenwood Street Trust - Fidelity Hedged Equity Fund

Fidelity Greenwood Street Trust - Fidelity Hedged Equity Fund is an open-end equity mutual fund launched and managed by Fidelity Diversifying Solutions LLC. The fund is co-managed by Fidelity Management & Research (U.K.) Limited, Fidelity Management & Research (Hong Kong) Limited, Fidelity Management & Research (Japan) Limited. The fund invests in public equity markets. It invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to benchmark the performance of its portfolio against the S&P 500 Index and the Cboe S&P 500 5% Put Protection Index .Fidelity Greenwood Street Trust - Fidelity Hedged Equity Fund was formed on September 1, 2022 and is domiciled in the United States.