What does Fidelity Enhanced Small Cap Gro invest in?▾
The Fidelity Enhanced Small Cap Growth ETF, an investment product under the Fidelity Covington Trust, is actively managed by Fidelity Management & Research Company LLC. This exchange-traded fund primarily allocates capital to publicly traded companies within the United States. Its strategy involves constructing a diverse portfolio of equities across various industries, with a particular emphasis on growth-oriented small-capitalization firms. The market value of these targeted companies typically aligns with the range defined by the Russell 2000 Growth Index. The fund itself is legally based...
