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Fidelity Covington Trust - Fidelity Fundamental Large Cap Growth ETF
Fidelity Covington Trust - Fidelity Fundamental Large Cap Growth 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, and Fidelity Management & Research (Japan) Limited. It invests in public equity markets of global region. It invests in stocks of companies operating across diversified sectors. The fund invests in growth stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index or the S&P 500 Index. The fund employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the Russell 1000 Growth Index. Fidelity Covington Trust - Fidelity Fundamental Large Cap Growth ETF was formed on February 2, 2021 and is domiciled in the United States.
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