Fidelity® MSCI Communication Services Index ETF company info

What does Fidelity® MSCI Communication Services Index ETF do?
Fidelity® MSCI Communication Services Index ETF (NYSE:FCOM) focuses on delivering investment results that correspond generally to the price and yield performance of the MSCI USA IMI Communication Services 25/50 Index. This ETF is traded exclusively on the New York Stock Exchange Arca under the symbol FCOM. Its operations involve investing at least 80% of its assets in securities included in its underlying index, which represents the communication services sector of the U.S. equity market. The ETF aims to provide investors with diversified exposure to companies engaged in communication services, including telecommunications, media, and internet & interactive entertainment industries. Fidelity® MSCI Communication Services Index ETF is designed for investors seeking targeted sector exposure and has the objective of achieving investment returns that closely mirror the performance of its benchmark index, offering an effective way to gain a broad exposure to the communication services sector.
Fidelity® MSCI Communication Services Index ETF company media
Company Snapshot

Is Fidelity® MSCI Communication Services Index ETF a public or private company?

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Ownership
Public

How many people does Fidelity® MSCI Communication Services Index ETF employ?

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Employees
75,010

What sector is Fidelity® MSCI Communication Services Index ETF in?

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Sector
ETF

Where is the head office for Fidelity® MSCI Communication Services Index ETF?

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Head Office
Boston, United States

What year was Fidelity® MSCI Communication Services Index ETF founded?

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Year Founded
2013
What does Fidelity® MSCI Communication Services Index ETF specialise in?
/Exchange Traded Fund /Communication Services /Equity Index Tracking /Sector Investment /Diversified Portfolio /Long-Term Growth

What are the products and/or services of Fidelity® MSCI Communication Services Index ETF?

Overview of Fidelity® MSCI Communication Services Index ETF offerings
Exposure to MSCI USA IMI Communication Services 25/50 Index: FCOM tracks the MSCI USA IMI Communication Services 25/50 Index. This index includes companies of various sizes, ranging from large-cap to mid-cap, within the communication services sector of the U.S. economy.
Diversification Across Communication Sub-Industries: The communication services sector encompasses a wide range of industries.
Passive Management: The ETF passively tracks the underlying index. It doesn't attempt to actively select or outperform individual communication services companies based on predictions or market timing. This typically results in lower fees compared to actively managed communication services funds.
Potential for Capital Appreciation: By investing in a basket of communication services companies, FCOM offers the potential for capital appreciation over time as the share prices of the underlying companies increase.
Potential for Dividend Income: Some communication services companies have a history of paying dividends to shareholders. FCOM might offer some level of dividend income, but this isn't the primary focus of the ETF.
Exchange-Traded: Shares of FCOM trade on a stock exchange like any other stock, offering high liquidity. Investors can easily buy and sell shares throughout the trading day for flexible portfolio management.