FMIL

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

FMIL Fund Description

FMIL is an actively managed, nontransparent ETF to provide exposure to fundamentally selected global stocks of companies potentially benefiting from long-term changes in the marketplace.

FMIL Factset Analytics Insight

FMIL is one of Fidelity’s first ETFs to launch with its own structure for an actively managed, non-transparent product. The portfolio holds global stocks from all market caps with growth and/or value traits, subject to a 25% issuer cap. In selecting stocks the fund adviser uses fundamental analysis that involves a bottom-up analysis on firms that could benefit from long-term changes in the market. FMIL has a non-transparent structure, unlike other ETFs it publishes its holdings monthly with a 30-day lag. A Tracking Basket Structure is in place which acts as a proxy portfolio that includes: some of the fund’s holdings from recent disclosure, other liquid ETFs, cash, and cash equivalents. This is designed to track FMIL’s daily performance and facilitate arbitrage opportunities. However, investors should note that its non-transparent structure could result in wider spreads.

FMIL Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 07/31/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMIL 3.15% -- -- -- -- -- --
ticker (NAV) 3.31% -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI ACWI + Frontier Markets IMI Index 5.18% 13.53% -2.26% 6.06% 6.34% 7.05% 8.79%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FMIL Summary Data

FMR LLC
Fidelity
06/03/20
Open-Ended Fund
0.59%
$6.14M
$386.09K
0.23%
N/A

FMIL Portfolio Data

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09/18/20
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FMIL Index Data

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

FMIL Portfolio Management

0.59%
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FMIL Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

FMIL Fund Structure

Open-Ended Fund
No
--
100% / 0%
N/A
N/A
Low
None
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FMIL Factset Analytics Block Liquidity

As of 08/03/20
5
4
3
2
1

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

FMIL Tradability

18,935
$386.09K
15,055
$298.05K
0.23%
$0.05
0.03%
0.29% / -0.74%
None
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25,000
0.60
0.05%
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$20.37
N/A

FMIL Countries


FMIL
Segment Benchmark
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0.10%
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0.00%
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0.29%
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0.00%
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7.33%
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0.01%
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0.01%
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0.45%
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0.00%
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0.64%

FMIL Regions


FMIL
Segment Benchmark
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17.89%
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59.75%
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20.10%
--
1.27%
--
0.99%

FMIL Economic Development


FMIL
Segment Benchmark
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94.72%
--
5.28%

FMIL Performance Statistics

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0.00%
MSCI ACWI + Frontier Markets IMI Index

FMIL Benchmark Comparison Holdings

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FMIL Benchmark Comparison Summary


FMIL
Segment Benchmark
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FMIL Benchmark Comparison Market Cap Size


FMIL
Segment Benchmark
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