Fidelity U.S. High Dividend Currency Neutral ETF (FCUH.TO)

This passively managed investment product offers exposure to large and mid-capitalization U.S. companies known for consistently paying and growing their dividends. It employs a smart beta strategy, guided by a unique, rules-based index methodology. The selection universe starts with the 1,000 largest U.S. stocks. These are then rigorously screened using a composite score that considers dividend yield, payout ratio, and dividend growth. To mitigate size bias, this score is blended with a size factor. The portfolio, ultimately holding between 60 and 100 securities, is built by selecting stocks within each sector based on their size-adjusted composite score. Investments with higher dividend yields are given greater weight. The index is rebalanced on an annual basis.