PR Newswire | Nov 24, 2020 05:00PM EST

Capital Gains Distributions for Fidelity ETFs

11/24 16:00 CST

Fidelity Investments Canada ULC Announces Estimated 2020 Annual Reinvested Capital Gains Distributions for Fidelity ETFs TORONTO, Nov. 24, 2020

TORONTO, Nov. 24, 2020 /CNW/ - Fidelity Investments Canada ULC ("Fidelity") today announced the estimated 2020 annual reinvested capital gains distributions for Fidelity's suite of ETFs ("Fidelity ETFs"). Please note that these are estimated amounts only, as of October 30, 2020, and reflect forward-looking information, which means the estimates may change.

These estimates are for the annual capital gains distributions only, which will be reinvested, and the resulting units immediately consolidated, so that the number of units held by each investor will not change. These estimates do not include estimates of ongoing periodic cash distribution amounts, which are reported separately.

We expect to announce the annual reinvested distribution amounts, as well as the monthly cash distribution amounts, on or about December 18, 2020. The ex-dividend date for the 2020 annual distributions will be December 24, 2020. The record date for the 2020 annual distributions will be December 29, 2020 and those distributions will be payable on December 31, 2020.

The actual taxable amounts of reinvested and cash distributions for 2020, including the tax characteristics of the distributions, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2021.

Net asset Estimated Estimated annualFidelity ETF Tickervalue (NAV) annual capital capital gain perName Symbolper unit as ofCUSIP ISIN gain per unit asunit as a % of October of October 30, NAV at October 30,2020 ($) 2020 ($) 30, 2020

Fidelity Canadian High FCCD 20.2419 31608M102CA31608M1023- - Dividend Index ETF

Fidelity U.S. High FCUD 21.1319 31645M107CA31645M1077- - Dividend Index ETF

Fidelity U.S. High Dividend FCUH 19.9058 315740100CA3157401009- - Currency Neutral Index ETF

Fidelity U.S. Dividend for FCRR 24.5652 31644M108CA31644M1086- - Rising Rates Index ETF

Fidelity U.S. Dividend for Rising Rates Currency FCRH 23.2109 31644P101CA31644P1018- - Neutral Index ETF

Fidelity International High FCID 17.6552 31623D103CA31623D1033- - Dividend Index ETF

Fidelity Canadian Low FCCL 23.9362 31608H103CA31608H1038- - Volatility Index ETF

Fidelity U.S. Low VolatilityFCUL 31.2766 31647B109CA31647B1094- - Index ETF

Fidelity U.S. Low VolatilityFCLH 30.4399 31647N103CA31647N1033- - Currency Neutral Index ETF

Fidelity International Low FCIL 24.5690 31624M102CA31624M1023- - Volatility Index ETF

Fidelity Canadian High FCCQ 24.4046 31610C100CA31610C10050.09843 0.40333% Quality Index ETF

Fidelity U.S. High Quality FCUQ 32.8975 31647C107CA31647C10771.42279 4.32492% Index ETF

Fidelity U.S. High Quality FCQH 32.1042 31648J101CA31648J10122.63613 8.21117% Currency Neutral Index ETF

Fidelity International High FCIQ 32.2855 31623X109CA31623X10960.75412 2.33579% Quality Index ETF

Fidelity Sustainable World FCSW 28.0431 31642F105CA31642F1053- - ETF

Fidelity Systematic CanadianFCCB 26.0298 31644F103CA31644F10360.06725 0.25836% Bond Index ETF

Fidelity Canadian Short FCSB 25.8595 31608N100CA31608N1006- - Term Corporate Bond ETF

Fidelity Global Core Plus FCGB 24.5687 31623G106CA31623G10630.53094 2.16104% Bond ETF

Fidelity Systematic U.S. FCHY 25.2776 31615L105CA31615L10580.12815 0.50697% High Yield Bond ETF

Fidelity Systematic U.S. High Yield Bond Currency FCHH 24.6124 31615M103CA31615M1032- - Neutral ETF

Fidelity Canadian Monthly FCMI 21.4397 31609T106CA31609T1066- - High Income ETF

Fidelity Global Monthly FCGI 21.9165 31623K107CA31623K1075- - High Income ETF

Fidelity Canadian Value FCCV 25.9910 31609U103CA31609U10300.66823 2.57101% Index ETF

Fidelity U.S. Value Index FCUV 24.9364 31647E103CA31647E1034- - ETF

Fidelity U.S. Value CurrencyFCVH 25.1023 31646E104CA31646E10430.42179 1.68028% Neutral Index ETF

Fidelity International ValueFCIV 21.9025 31622Y108CA31622Y1088- - Index ETF

Fidelity Canadian Momentum FCCM 25.5177 31609W109CA31609W10950.22274 0.87288% Index ETF

Fidelity U.S. Momentum FCMO 26.9347 31649P106CA31649P10620.43080 1.59942% Index ETF

Fidelity U.S. Momentum FCMH 27.1553 31649R102CA31649R10291.02548 3.77635% Currency Neutral Index ETF

Fidelity International FCIM 26.0792 31623V103CA31623V10310.15770 0.60470% Momentum Index ETF

Fidelity Global Investment FCIG 25.3802 31624P105CA31624P10530.29193 1.15023% Grade Bond ETF

Forward-looking information

This press release contains forward-looking statements with respect to the estimated December 2020 capital gains distributions for the Fidelity ETFs. By their nature, these forward-looking statements involve risks and uncertainties that could cause the distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the Fidelity ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.

About Fidelity Investments Canada ULC

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals.

As a privately-owned company, our people and world class resources are committed to doing what is right for investors and their long-term success. Our clients have entrusted us with $152 billion in assets under management (as at October 30, 2020) and they include individuals, financial advisors, pension plans, endowments, foundations and more.

We are proud to provide investors a full range of investment solutions through mutual funds and exchange-traded funds, including domestic, international and global equity, income-oriented strategies, asset allocation solutions, managed portfolios, sustainable investing and our high net worth program. Fidelity Funds are available through a number of advice-based distribution channels including financial planners, investment dealers, banks, and insurance companies.

Read a fund's prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed, their values change frequently, and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors and may experience a gain or loss.

SOURCE Fidelity Investments Canada ULC