FMIL

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

FMIL Fund Description

FMIL is an actively-managed, non-transparent ETF that provides exposure to fundamentally-selected global 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. In selecting stocks, the fund adviser uses fundamental analysis which 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, this 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 MSCI ESG Analytics Insight

Fidelity New Millennium ETF has an MSCI ESG Fund Rating of A based on a score of 6.60 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 New Millennium ETF ranks in the 58th percentile within its peer group and in the 65th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 10/18/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FMIL 0.26% -0.32% 21.06% 37.59% -- -- --
FMIL (NAV) 3.18% 4.62% 23.94% 42.65% -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FMIL Summary Data

Fidelity
06/03/20
Open-Ended Fund
0.59%
$61.05M
$363.66K
0.22%

FMIL Portfolio Data

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1.37%
12/17/21
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FMIL Index Data

No Underlying Index
Proprietary
Proprietary
N/A

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
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N/A
N/A
Medium
Monthly

FMIL Factset Analytics Block Liquidity

As of 10/19/21
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 5 out of 5.

FMIL Tradability

12,426
$363.66K
11,322
$332.86K
0.22%
$0.06
0.04%
5.15% / -0.49%
None
99.00%
25,000
0.45
0.03%
0.01%
0
$29.74
5

FMIL Performance Statistics

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--
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0.00%
N/A

FMIL MSCI ESG Ratings

6.60 / 10
64.82
57.58
15.23%
--
229.13

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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