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About Fidelity Disruptive Finance ETF
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Inception date
Jun 12, 2023
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
FDFF seeks long-term capital appreciation by utilizing proprietary disruptive strategies in identifying companies involved in disruptive technologies for its portfolio. Disruptive technologies are innovations that may reshape how businesses currently deliver their services and operate, potentially displacing industry leaders over time. The fund primarily invests in growth and value stocks of companies in disruptive finance globally. These are organizations offering digital finance solutions such as blockchain enabled financial services, digital payments, embedded finance and AI-enabled underwriting amongst others. The fund adviser uses fundamental analysis, looking into an issuers financial situation, management, etc., as well as economic and market conditions for its portfolio construction. The adviser may buy, sell and hold decisions at their discretion. FDFF converted from a mutual fund to an actively managed ETF, with $41 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Commercial Services
Stocks98.47%
Finance51.81%
Technology Services25.25%
Commercial Services16.76%
Retail Trade0.74%
Bonds, Cash & Other1.53%
Mutual fund5.68%
Cash−4.14%
Stock breakdown by region
North America80.19%
Europe16.59%
Asia3.22%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history