FBCV Fidelity Blue Chip Value ETF
What is FBCV?
FBCV is an actively-managed, non-transparent fund of fundamentally-selected large-cap global value stocks. The fund utilizes the Fidelity non-transparent model.
FBCV Factset Analytics Insight
FBCV is one of Fidelity’s first ETFs to launch with its own structure for an actively-managed, non-transparent product. The fund selects global large-cap undervalued stocks, as compared to other companies in their same industry. The fund may also reach down into the midcap space as well. The selection is based on favorable fundamental factors such as cash flow, earnings and sales. Portfolio managers are afforded slightly more flexibility with the ETF in terms of dipping down into the midcap space as compared to the firm’s mutual fund. Unlike other ETFs, FBCV only discloses holdings on a monthly basis with a 30-day lag. Instead, a “proxy portfolio,” which should closely correlate to the actual holdings, is provided to help traders effectively arbitrage premiums/discounts as they occur. Investors should, however, take into consideration the non-transparent structure which could result in greater price disparity during volatile markets.
FBCV Summary Data
Peers
Fund Flows
FBCV Portfolio Data
FBCV Index Data
FBCV Portfolio Management
FBCV Tax Exposures
FBCV Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FBCV. FBCV is rated a N/A out of 5.
FBCV Tradability
FBCV Sector/Industry Breakdown
Benchmark
FBCV Top 10 Holdings
FBCV Performance Statistics
FBCV Countries
Benchmark
FBCV Regions
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FBCV Economic Development
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FBCV Benchmark Comparison Summary
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FBCV Benchmark Comparison Market Cap Size
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.