TORONTO, Aug. 30,
2024 /CNW/ - Fidelity Investments Canada ULC
("Fidelity") today announced the estimated special
reinvested distributions for Series L units of Fidelity U.S.
Dividend for Rising Rates Currency Neutral ETF, Fidelity U.S. Low
Volatility Currency Neutral ETF, Fidelity U.S. Momentum Currency
Neutral ETF and Fidelity Total Metaverse ETF (the "Fidelity
ETFs"). The Fidelity ETFs will be de-listed from the Toronto
Stock Exchange or Cboe Canada Inc., as the case maybe, at
Fidelity's request, and terminate at the close of business on
September 6, 2024.
Please note that these are estimated amounts only, as of
August 23th, 2024 and reflect
forward-looking information, which means the estimates may
change.
These estimates are for the special distributions only, which
will be reinvested, and the resulting units immediately
consolidated, so that the number of units held by each investor
will not change. These distributions will be payable prior to the
terminations on September 6,
2024.
We expect to announce the final special reinvested distribution
amounts on or about September 9,
2024.
Fidelity ETF
Name
|
Ticker
Symbol
|
CUSIP
|
ISIN
|
Estimated
Distribution per Unit
($)
|
Fidelity U.S.
Dividend
for Rising Rates
Currency Neutral ETF
|
FCRH
|
31644P101
|
CA31644P1018
|
0.00091
|
Fidelity U.S. Low
Volatility Currency
Neutral ETF
|
FCLH
|
31647N103
|
CA31647N1033
|
-
|
Fidelity U.S.
Momentum Currency
Neutral ETF
|
FCMH
|
31649R102
|
CA31649R1029
|
-
|
Fidelity Total
Metaverse ETF
|
FMTV
|
316422104
|
CA3164221044
|
0.00744
|
Forward-looking information
This press release contains forward-looking statements with
respect to the estimated special distributions for the Fidelity
ETFs. By their nature, these forward-looking statements involve
risks and uncertainties that could cause the distributions to
differ materially from those contemplated by the forward-looking
statements. Material factors that could cause the actual
distributions to differ from the estimated distributions include,
but are not limited to, the actual amounts of distributions
received by the Fidelity ETFs, portfolio transactions, currency
hedging transactions, and subscription and redemption activity.
About Fidelity Investments Canada ULC
At Fidelity Investments Canada, our mission is to build a better
future for our clients. Our diversified business serves financial
advisors, wealth management firms, employers, institutions and
individuals. As the marketplace evolves, we are constantly
innovating and offering our clients choice of investment and wealth
management products, services and technological solutions all
backed by the global strength and scale of Fidelity. With assets
under management of $255 billion (as
at August 29, 2024), Fidelity
Investments Canada is privately held and committed to helping our
diverse clients meet their goals over the long term. Fidelity funds
are available through financial advisors and online trading
platforms.
Read a fund's prospectus and consult your financial advisor
before investing. Exchange-traded funds are not guaranteed; their
values change frequently and past performance may not be repeated.
Commissions, management fees, brokerage fees and expenses may all
be associated with investments in exchange-traded funds and
investors may experience a gain or loss.
Find us on social media @FidelityCanada
SOURCE Fidelity Investments Canada ULC