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Fidelity Merrimack Street Trust - Fidelity Limited Term Bond ETF
Fidelity Merrimack Street Trust - Fidelity Limited Term Bond ETF is an exchange traded 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, Fidelity Management & Research (Japan) Limited. The fund invests in fixed income markets of global region. It primarily invests in investment-grade debt securities with dollar-weighted average maturity between two and five years. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. 1-5 Year Government/Credit Bond Index and the Fidelity Limited Term Composite Index comprising of 70% of the Bloomberg U.S. 1-5 Year Credit Bond Index, 20% of the Bloomberg U.S. 1-5 Year Government Bond Index and 10% of the ICE BofA 1-5 Year BB-B US Cash Pay High Yield Constrained Index and the Bloomberg U.S. Aggregate Bond Index. Fidelity Merrimack Street Trust - Fidelity Limited Term Bond ETF was formed on October 6, 2014 and is domiciled in the United States.
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