FSST ISSUER
The Fidelity Sustainability U.S. Equity ETF (FSST) is managed by Fidelity Management & Research Company LLC (FMR), a well-established player in the investment industry. Fidelity is known for its expertise in sustainability practices and environmental, social, and governance (ESG) assessments. FSST follows an actively managed approach and seeks to invest primarily in equity securities of U.S. companies that demonstrate proven or improving sustainability practices, as determined by Fidelity's proprietary ESG ratings process. This ETF aims to align investors' portfolios with companies that make positive contributions to environmental and social goals while providing potential financial returns. Fidelity's commitment to sustainable investing and exclusion criteria for certain industries sets FSST apart as an option for socially conscious investors seeking exposure to the U.S. equity market.
FSST DIVIDEND
The FSST Dividend ETF is designed as an actively managed fund that operates under the umbrella of an exemptive order from the Securities and Exchange Commission (SEC). As a result, it doesn't need to publicly disclose its complete portfolio holdings daily. Instead, the fund provides a Tracking Basket on its website, which closely mirrors its daily performance but isn't an exact reflection of its actual portfolio. This Tracking Basket consists of recently disclosed portfolio holdings, select securities, liquid ETFs, and cash equivalents.
FSST TRACKING
The FSST Tracking ETF is an actively managed fund that operates under an exemptive order from the Securities and Exchange Commission. It does not publicly disclose its complete portfolio holdings daily but instead provides a Tracking Basket on its website to closely mirror the fund's daily performance. This basket includes select disclosed portfolio holdings, representative ETFs, and cash equivalents. The fund primarily invests in equity securities of U.S. companies with proven or improving sustainability practices based on environmental, social, and governance (ESG) criteria. The adviser uses proprietary ESG ratings and fundamental analysis to evaluate issuers and also seeks investments that deliver tangible environmental or social impact through core business operations. Additionally, the fund employs sustainable investing exclusion criteria to avoid certain industries.
FSST CORRELATION
The correlation aspect of the Fidelity Sustainable U.S. Equity ETF (FSST) is crucial in understanding its relationship with U.S. equity markets. FSST focuses on actively managing a portfolio of U.S. companies with proven or improving sustainability practices, based on environmental, social, and governance (ESG) criteria.
FSST SECTOR
The FSST Sector ETF primarily focuses on sustainability and ESG (Environmental, Social, and Governance) practices. Managed by Fidelity Management & Research Company LLC, this ETF aims to invest in U.S. companies with proven or improving sustainability practices. It evaluates each company's ESG profile, including factors such as environmental impact, social responsibility, and corporate governance. Additionally, the fund seeks to invest in companies that deliver tangible environmental or social impact through their core business operations, aligning with the United Nations Sustainable Development Goals. FSST Sector ETF employs exclusion criteria to avoid investments in industries with significant negative environmental or social impacts, making it an ideal choice for socially responsible investors.
FSST EXPOSURE
The exposure characteristic of the FSST ETF (FSST) is centered around sustainability-focused investing in both domestic and foreign issuers. FSST aims to invest primarily in equity securities of U.S. companies that have proven or improving sustainability practices, as determined through a comprehensive evaluation of environmental, social, and governance (ESG) profiles. Additionally, FSST seeks to make a tangible impact through core business operations, supporting companies aligned with the United Nations Sustainable Development Goals. Investors looking for exposure to ESG-conscious companies and sustainable investing strategies can consider FSST.