FMAG

Fidelity Magellan ETF
*Unless otherwise stated, data provided by FactSet.

FMAG Fund Description

FMAG is an actively-managed, non-transparent ETF that provides exposure to fundamentally-selected firms located globally.

FMAG Factset Analytics Insight

FMAG offers the same strategy used for the Fidelity Magellan mutual fund (FMAGX) in an ETF wrapper. FMAG delivers a portfolio of global companies of any capitalization, with growth and/or value traits. To screen for firms, the fund adviser uses fundamental analysis—examining factors such as an issuer’s financials and industry position—and looks at the overall market condition. Fidelity only discloses FMAG’s full holdings on a monthly basis, with a 30-day lag. A ‘tracking basket’ is published daily on its website, in place of the actual portfolio. This includes some of the fund’s holdings from recent disclosure, other liquid ETFs, cash, and cash equivalents. This structure is designed to track FMAG’s daily performance, facilitate arbitrage opportunities, and mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads.

FMAG MSCI ESG Analytics Insight

Fidelity Magellan ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.45 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity Magellan ETF ranks in the 33th percentile within its peer group and in the 19th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMAG -0.08% 7.07% -- -- -- -- --
FMAG (NAV) 0.23% 8.49% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI ACWI + Frontier Markets IMI Index 0.56% 2.57% 14.78% 36.05% 13.22% 13.67% 12.39%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FMAG Summary Data

Fidelity
02/02/21
Open-Ended Fund
0.59%
$41.70M
$571.12K
0.11%

FMAG Portfolio Data

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--
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12/17/21
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FMAG Index Data

No Underlying Index
Proprietary
Proprietary
MSCI ACWI + Frontier Markets IMI Index

FMAG Portfolio Management

0.59%
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--
--

FMAG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FMAG Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
High
Monthly

FMAG Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FMAG. FMAG is rated a N/A out of 5.

FMAG Tradability

24,277
$571.12K
19,682
$466.70K
0.11%
$0.03
0.04%
0.27% / -0.17%
None
100.00%
--
--
--
--
0
$23.75
N/A

FMAG Countries


FMAG
Segment Benchmark
--
0.23%
--
0.00%
--
0.34%
--
0.01%
--
4.12%
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0.08%
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0.32%
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2.69%
--
0.01%
--
0.06%

FMAG Regions


FMAG
Segment Benchmark
--
0.98%
--
1.33%
--
17.52%
--
61.30%
--
18.87%

FMAG Economic Development


FMAG
Segment Benchmark
--
94.67%
--
5.33%

FMAG Performance Statistics

0.61
1.10
1.37
0.97
0.60%
MSCI ACWI + Frontier Markets IMI Index

FMAG MSCI ESG Ratings

5.45 / 10
18.51
33.42
1.30%
2.96%
73.33

FMAG Benchmark Comparison Holdings

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FMAG Benchmark Comparison Summary


FMAG
Segment Benchmark
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FMAG Benchmark Comparison Market Cap Size


FMAG
Segment Benchmark
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