FMET ISSUER
The FMET issuer, affiliated with the Fidelity Group of Funds, focuses on investing primarily in assets tied to the Fidelity Metaverse IndexSM, allocating a minimum of 80% of its resources to securities within the index or depositary receipts representing them. The concept of the Metaverse encapsulates a vision of the internet's evolution, envisioning a future where augmented reality and virtual worlds seamlessly intertwine, offering shared experiences to a broad user base. The Fidelity Metaverse IndexSM serves as a barometer for companies involved in developing, manufacturing, distributing, or selling products and services integral to building and facilitating the Metaverse's infrastructure. Additionally, the issuer employs a strategy of lending securities to generate supplementary income for the fund, thereby enhancing its financial performance.
FMET DIVIDEND
FMET Dividend, as part of the Fidelity Group of Funds, operates with a focus on distributing dividends to its investors. Leveraging its investment strategy, FMET Dividend allocates its assets towards securities included in the Fidelity Metaverse IndexSM, ensuring a minimum of 80% investment in these instruments or their depositary receipts. The fund capitalizes on the evolving landscape of the Metaverse, characterized by augmented reality and virtual worlds, by investing in companies involved in developing, manufacturing, distributing, or selling products and services crucial for its establishment and proliferation. Through this approach, FMET Dividend aims not only to provide capital appreciation but also to deliver regular income to its shareholders through dividends, reflecting its commitment to maximizing returns while navigating the dynamic opportunities within the Metaverse ecosystem.
FMET TRACKING
FMET Tracking, a constituent of the Fidelity Group of Funds, operates with a primary objective of closely tracking the performance of the Fidelity Metaverse IndexSM. With a mandate to invest at least 80% of its assets in securities included in the index or depositary receipts representing them, FMET Tracking aims to mirror the movements of the index as accurately as possible. The fund strategically positions itself within the rapidly evolving landscape of the Metaverse, which encompasses augmented reality and virtual worlds, by investing in companies engaged in developing, manufacturing, distributing, or selling products and services integral to its formation. By diligently adhering to its tracking mandate and maintaining a diversified portfolio aligned with the Fidelity Metaverse IndexSM, FMET Tracking endeavors to provide investors with a reliable vehicle for gaining exposure to the burgeoning opportunities within the Metaverse ecosystem.
FMET CORRELATION
FMET Correlation, an entity within the Fidelity Group of Funds, is designed to closely correlate its performance with that of the Fidelity Metaverse IndexSM. By investing at least 80% of its assets in securities included in the index or depositary receipts representing them, FMET Correlation aims to mirror the movements of the index with a high degree of accuracy. This strategic alignment allows the fund to capture the dynamics of the rapidly evolving Metaverse landscape, characterized by augmented reality and virtual worlds. FMET Correlation strategically positions itself within this burgeoning sector by investing in companies involved in developing, manufacturing, distributing, or selling products and services crucial for the establishment and growth of the Metaverse. Through its focused investment approach and commitment to closely correlating with the Fidelity Metaverse IndexSM, FMET Correlation offers investors a reliable avenue to participate in the potential growth opportunities within the Metaverse ecosystem.
FMET SECTOR
FMET Sector, a component of the Fidelity Group of Funds, specializes in targeting specific sectors within the Fidelity Metaverse IndexSM. With a strategy focused on investing at least 80% of its assets in securities included in the index or depositary receipts representing them, FMET Sector aims to capture the performance of key sectors driving the growth of the Metaverse. This targeted approach allows the fund to capitalize on the diverse opportunities arising from the development, manufacturing, distribution, and sale of products and services essential to the evolution of the Metaverse. By strategically allocating its resources to sectors poised for growth within the Metaverse ecosystem, FMET Sector provides investors with exposure to specific areas of innovation and potential outperformance within this dynamic and rapidly expanding landscape.
FMET EXPOSURE
FMET Exposure, part of the esteemed Fidelity Group of Funds, is dedicated to offering investors a comprehensive exposure to the burgeoning opportunities within the Fidelity Metaverse IndexSM. With a strategic focus on allocating a minimum of 80% of its assets to securities included in the index or depositary receipts representing them, FMET Exposure aims to provide investors with a diversified portfolio reflective of the broad spectrum of companies involved in shaping the Metaverse. This approach ensures that the fund captures the performance of companies engaged in developing, manufacturing, distributing, or selling products and services critical to establishing and enabling the Metaverse's growth. By facilitating exposure to a wide array of industries and companies at the forefront of Metaverse innovation, FMET Exposure offers investors a robust vehicle to participate in the potential growth and evolution of this transformative digital landscape.