Fidelity U.S. Value ETF

t objective of the Fund is to seek to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Index, the Fund is not actively managed by traditional methods reasonably possible and before fees and expenses the performanceof the Fidelity Canada U.S. Value Index. This Fidelity ETF investsprimarily in equity securities of large and mid-capitalization U.S.companies that have attractive valuations.