Fidelity U.S. Dividend for Rising Rates Currency Neutral Index ETF - CAD Stock

The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. Dividend for Rising Rates Currency Neutral Index (the ?Index?). The ETF normally holds securities of Fidelity U.S. Dividend for Rising Rates Index ETF (the ?underlying ETF?). The underlying ETF invests primarily in dividend-paying equity securities of U.S. companies that have a positive correlation of returns to increasing 10-year U.S. Treasury yields.