Fidelity provides access to a virtual world of possibilities via the Metaverse Index ETF on NEO

NEO is proud to join Fidelity Investments Canada ULC (“Fidelity”) on the NEO Stock Exchange to launch the Fidelity Total Metaverse Index ETF, a stock strategy now traded under the symbol FMTV.

Designed to provide access to companies expected to lead the development of the virtual world, FMTV leverages Fidelity’s proven approach to catalog design, including its extensive global network and deep research capabilities.

FMTV aims to replicate the performance of the Fidelity Canada Total Metaverse Index. The ETF invests primarily in equity securities of issuers worldwide who develop, manufacture, distribute and sell products and/or services related to creating the metaverse, including digital payment processing and related sectors. Cryptocurrencies, with the aim of supporting the digital economy of Metaverse.

“We are excited to launch the Fidelity Total Metaverse Index ETF, which provides investors with exposure to various aspects of the metaverse, digital payments and cryptocurrency sectors.‘,” says Kelly Krellman, senior vice president of product and marketing, Fidelity. Investors and advisors are looking for premium investment solutions to help them achieve their investment goals. Fidelity has expanded its ETF portfolio with solutions across multiple asset classes. “

The Fidelity Total Metaverse Index ETF joins five other ETFs listed on NEO, including four All-in-One ETFs and the Fidelity Sustainable World Equity ETF. Investors can trade all NEO-listed Fidelity ETFs through regular investment channels, including discount brokerage platforms and full-service brokers.

“The advent of the metaverse has opened up a virtual world of possibilities, and Fidelity has been at the forefront of providing access to unprecedented investment opportunities,” Jos Schmidt, president and CEO of NEO notes. “As Canada’s leading exchange for the innovation economy, NEO is the ideal partner for FM TV, and we are honored to provide investors with the platform that delivers this ground-breaking product.”

NEO Exchange hosts over 230 unique listings, including ETFs from Canada’s largest issuers, and some of the most innovative Canadian and international companies. NEO handles approximately 20% of all ETFs in Canada and between 10% and 15% of the total volume of trading on Canadian platforms. Click here for a full overview of titles referenced in NEO.

About the NEO . Stock Exchange

NEO is Canada’s Tier 1 innovation economy exchange. It brings together investors and players willing to raise capital within a fair, liquid, efficient and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides equal access to trading all publicly traded securities in Canada. NEO lists companies and investment products looking for an internationally recognized stock exchange that offers investor confidence, quality liquidity, and broad awareness, including unrestricted access to market data.

NEO recently launched the Canadian ETF Market, an easy-to-use platform that provides investors and advisors with comprehensive access to ETF research and analysis, powered by specialist Trackinsight. Real-time, enterprise-grade data allows users to compare, highlight, and explore the entire universe of 1,200 Canadian ETFs for free.

About Fidelity Investments Canada ULC

Our mission at Fidelity is to help Canadian investors build a better future and stay ahead of the curve. We offer investors and institutions a range of innovative and reliable investment portfolios to enable them to achieve their financial and personal goals. As a private company, we deploy our resources and employees for the benefit of investors and their long-term success. We manage $189 billion in assets for our clients (as of May 10, 2022), including individuals, financial advisors, retirement plans, endowments and foundations.

Fidelity is proud to offer investors a full range of mutual funds and ETFs in Canadian, foreign and global stocks, income solutions, ETFs and asset allocation strategies, managed portfolios, sustainable investment products, alternative mutual funds, and a program for high net worth clients. Fidelity funds are offered through various advisory-oriented distribution channels such as financial planners, investment dealers, banks, and insurance companies.

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