Fidelity Investments® Announces Liquidation of Five Exchange-Traded Funds

BOSTON--(BUSINESS WIRE)--Fidelity Investments^® today announced the upcoming liquidation of five exchange-traded funds (ETFs): Fidelity Digital Health ETF (FDHT), Fidelity Sustainable Core Plus Bond ETF (FSBD), Fidelity Sustainable Low Duration Bond ETF (FSLD), Fidelity Sustainable U.S. Equity ETF (FSST), and Fidelity Women's Leadership ETF (FDWM).

November 13, 2025, is expected to be the last full day of trading for FDHT on Cboe BZX Exchange, Inc. (“Cboe”), and for FSBD, FSLD, FSST, and FDWM on NYSE Arca, Inc. (“NYSE”). Shareholders may sell their ETF shares until market close on November 13, 2025, at which point the ETFs’ shares will no longer trade on Cboe or NYSE, as applicable. The ETFs will also no longer accept creation orders after the close of business on November 13, 2025.

The ETFs are expected to liquidate on or about November 20, 2025. It is anticipated that each ETF’s portfolio will be positioned into cash, cash equivalents, or other liquid assets on or prior to the liquidation date. During the time between market close on November 13, 2025, and the liquidation date, shareholders will be unable to dispose of their shares on Cboe or NYSE, as applicable, and there may not be a trading market for the ETFs’ shares.

Fidelity regularly reviews its investment offering to ensure it delivers a differentiated and diverse suite of strategies that help meet the evolving needs of customers. Fidelity offers an extensive exchange-traded lineup of more than 70 ETFs and ETPs with $144 billion in assets under managementⁱ.

About Fidelity Investments

Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses we serve. Fidelity’s strength comes from the scale of our diversified, market-leading financial services businesses that serve individuals, families, employers, wealth management firms, and institutions. With assets under administration of $16.4 trillion, including discretionary assets of $6.4 trillion as of June 30, 2025, we focus on meeting the unique needs of a broad and growing customer base. Privately held for 79 years, Fidelity employs more than 78,000 associates across the United States, Ireland, and India. For more information about Fidelity Investments, visit https://www.fidelity.com/about-fidelity/our-company.

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.

Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917

Fidelity Distributors Company LLC, 900 Salem Street, Smithfield, RI 02917

National Financial Services LLC, Member NYSE, SIPC, 245 Summer Street, Boston, MA 02110

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^i Data as of September 30, 2025.