Fidelity® MSCI Health Care Index ETF company info

What does Fidelity® MSCI Health Care Index ETF do?
Fidelity® MSCI Health Care Index ETF (NYSE:FHLC) aims to provide investment results that correspond generally to the performance of the MSCI USA IMI Health Care Index. It seeks to achieve this through the investment in a portfolio of securities that represents a broad spectrum of the U.S. healthcare sector, including pharmaceuticals, biotechnology companies, and healthcare equipment and services. This ETF offers investors a way to gain exposure to the healthcare sector, known for its resilience and growth potential, through a single investment. FHLC focuses on maximizing returns while mirroring the risk and return characteristics of the healthcare sector as represented by its benchmark index. Its objectives align with providing investors with a diversified exposure to leading companies in the healthcare industry, enabling both growth opportunities and risk management in a dynamic sector.
Fidelity® MSCI Health Care Index ETF company media
Company Snapshot

Is Fidelity® MSCI Health Care Index ETF a public or private company?

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Ownership
Public

How many people does Fidelity® MSCI Health Care Index ETF employ?

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Employees
75,010

What sector is Fidelity® MSCI Health Care Index ETF in?

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Sector
ETF

Where is the head office for Fidelity® MSCI Health Care Index ETF?

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Head Office
Boston, United States

What year was Fidelity® MSCI Health Care Index ETF founded?

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Year Founded
2013
What does Fidelity® MSCI Health Care Index ETF specialise in?
/Healthcare Investments /Exchange Traded Fund /Portfolio Management /Risk Management /Investment Strategy /Market Index

What are the products and/or services of Fidelity® MSCI Health Care Index ETF?

Overview of Fidelity® MSCI Health Care Index ETF offerings
Tracks an index: FHLC tracks the MSCI USA IMI Health Care Index. This index measures the performance of companies in the healthcare sector of the U.S. equity market. Provides exposure to the U.S. healthcare sector: By investing in the underlying index, FHLC offers investors exposure to a diversified basket of companies within the U.S. healthcare sector. This allows investors to potentially benefit from the overall growth and performance of the healthcare industry, but also carries the inherent risks associated with the sector.
Passively managed: FHLC uses a passive management strategy, meaning it aims to replicate the performance of the underlying index by holding the same securities in approximately the same proportions. This approach generally comes with lower fees compared to actively managed funds.