Fidelity Salem Street Trust - Fidelity Systematic Municipal Bond Index ETF

Fidelity Salem Street Trust - Fidelity Systematic Municipal Bond Index ETF is an exchange-traded fixed income mutual fund launched by Fidelity Management & Research Company LLC. The fund is managed by Fidelity Management & Research Company LLC. The fund is co-managed by FMR Investment Management (UK) Limited,Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited. The fund invests in the fixed income markets of the United States. It invests in investment-grade municipal bonds issued by U.S. states and territories, and their political subdivisions, that are rated investment grade by S&P, Moody’s, or Fitch. It seeks to track the performance of the Fidelity Systematic U.S. Municipal Bond Index, by using represenattive sampling technique. Fidelity Salem Street Trust - Fidelity Systematic Municipal Bond Index ETF was formed on July 11, 2019, and is domiciled in the United States.