ETP's Prospectus Stated Objectives
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity International Multifactor Index. Normally investing at least 80% of its assets in securities included in the Fidelity Targeted International Multifactor Index and in depository receipts representing securities included in the index. The Fidelity Targeted International Multifactor Index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.