Effective December 1, 2023, Fidelity Total Metaverse Index ETF and Fidelity Total Metaverse Index ETF Fund were renamed to Fidelity Total Metaverse ETF and Fidelity Total Metaverse ETF Fund, respectively.
The metaverse is still an emerging concept and further technological development is needed to be able to realize it more fully. Actual metaverse experiences going forward may or may not have the listed characteristics.
Fidelity Total Metaverse ETF is indexed to Fidelity Canada Metaverse Index. The Index is designed to reflect the performance of stocks of issuers from around the world that are related to the metaverse and/or its digital economy. The ETF is not sponsored, endorsed, sold, or promoted by Fidelity Product Services LLC ("FPS"). FPS makes no representation regarding the advisability of investing in the ETF. The Prospectus contains a more detailed description of the limited relationship FPS has with Fidelity and any related funds/ETFs. Neither FPS nor any other party involved in or related to compiling, computing or creating the Index data makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular purpose with respect to any of such data. Neither FPS nor any third party involved in or related to the compiling, computing or creating the data shall have any responsibility or liability whatsoever with respect to Fidelity Total Metaverse Index ETF and ETF Fund. Nor further distribution or dissemination of the Index data is permitted without FPS’s express written consent.
The ETF/ETF Funds are subadvised by Geode Capital Management, LLC.