Fidelity US Quality Value UCITS ETF Accumulation Shares

Fidelity US Quality Value UCITS ETF Accumulation Shares is a passively managed exchange-traded fund that seeks to track the Fidelity U.S. Quality Value Index, focusing on large- and mid-capitalization U.S. companies selected for their attractive valuations, strong quality attributes, and ESG characteristics. The index employs a custom composite score combining quality metrics like cash flow margins with value measures such as free cash flow yield, earnings, and tangible book value, alongside ESG ratings, resulting in a diversified portfolio of 123 holdings. Key top holdings include Microsoft Corp., Apple Inc., Alphabet Inc., and Broadcom Inc., with significant sector exposure to information technology (32.3%), financials (13.4%), and consumer discretionary (11.2%). Domiciled in Ireland as a UCITS-compliant ICAV, the ETF uses full physical replication, accumulates dividends for reinvestment, and maintains a low total expense ratio of 0.20% p.a. Launched on December 4, 2024, with approximately USD 5 million in assets, it provides investors with targeted exposure to financially robust U.S. equities emphasizing multi-factor strategies in the equity market.