Fidelity Covington Trust - Fidelity Disruptive Automation ETF

Fidelity Covington Trust - Fidelity Disruptive Automation ETF is an exchange traded fund launched and managed by Fidelity Management & Research Company LLC. The fund is co-managed by Fidelity Management & Research (U.K.) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited. It invests in public equity markets of global region. The fund invests in stocks of companies operating across information technology, software and services, software, systems software, software research and artificial intelligence software sectors. It invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the MSCI ACWI (All Country World Index) Index and the MSCI All Country World Industrials Equal Weighted Index. Fidelity Covington Trust - Fidelity Disruptive Automation ETF was formed on April, 16, 2020 and is domiciled in the United States.