FVAL: Well-Positioned For Outperformance (Rating Upgrade)

Group 1 - The Fidelity Value Factor ETF (FVAL) was launched on September 12, 2016, and is managed by Fidelity Management & Research Company LLC [1] - FVAL provides exposure to value stocks within the mid- and large-cap segments of the U.S. equity market [1] - The ETF charges an expense ratio, although the specific percentage is not mentioned in the document [1]