Fidelity Systematic Canadian Bond Index ETF

Fidelity Systematic Canadian Bond Index ETF (Fund) seeks to replicate to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada Systematic Canadian Bond Index (Index). This Fidelity ETF invests primarily in Canadian fixed income securities. In order to achieve its investment objective Fidelity Systematic Canadian Bond Index ETF normally invests its assets in the Constituent Securities of the Fidelity Canada Systematic Canadian Bond Index. Fidelity Systematic Canadian Bond Index ETF invests in Canadian investment grade fixed-income securities in a way that optimizes the balance of interest rate risk and credit risk, such that the return characteristics are enhanced and risk profiles remain similar to the broad Canadian investment grade bond market.