Fidelity Fundamental Developed International ETF (FFDI)

The Fidelity Fundamental Developed International ETF (FFDI) is an actively managed fund from Fidelity Investments that invests in stocks of companies in developed markets outside the United States. It seeks capital appreciation.

Portfolio managers use Fidelity's bottom-up fundamental research to evaluate individual companies, focusing on factors such as business quality, earnings prospects and valuation. Holdings are drawn from regions including Europe, Japan, the United Kingdom, Canada and Australia.

The fund selects stocks at its own discretion rather than tracking an index, and its sector and country weights can differ from those of broad international benchmarks.