‘ FBCG_US ’

Fidelity Blue Chip Growth ETF (FBCG_US)

Aug 27th, 2025 | By

The investment strategy governing the actively managed Fidelity Blue Chip Growth ETF focuses on long-term capital growth by owning equities of blue chip companies—well-known, well-established, well-capitalized issuers—with generally large or medium market capitalizations. The portfolio is primarily U.S. and growth-oriented, but may include foreign issuers (including emerging markets). Security selection is bottom-up and fundamentally driven, assessing financial condition, earnings outlook, competitive positioning, management quality, and industry structure to identify companies with above-average and durable growth. Position sizing reflects conviction, liquidity, and downside risk; the design permits meaningful single-issuer weights and sector tilts arising from stock selection. The fund invests ≥80% of assets in blue chips; residual exposure may include other equities and cash. Shares trade intraday on Cboe BZX and use a semi-transparent Tracking Basket, which can widen bid-ask spreads versus fully transparent ETFs. Rebalancing and sells follow thesis change, deteriorating fundamentals, stretched valuation, or superior opportunities.


Fidelity Blue Chip Growth ETF (FBCG_US) – Investment Proposition

Aug 27th, 2025 | By

Fidelity Blue Chip Growth ETF (FBCG) provides exposure to U.S. large-cap growth equities, with flexibility to hold select mid-cap names and earlier-stage innovators that could become future blue chips. The fund aims to harness the compounding potential of established, financially resilient businesses benefiting from durable secular trends and product cycles. It is actively managed by a seasoned growth-equity team using bottom-up fundamental research to identify firms with above-average earnings-growth prospects and sustainable business models, typically maintaining a high-conviction, large-cap bias and investing predominantly in blue-chip companies. Expect a pronounced growth and quality tilt, limited natural income, and sensitivity to changes in discount rates and shifts in market leadership; results can hinge on the durability of cash-flow growth and innovation pipelines. Potential roles include a satellite growth sleeve alongside a broad U.S. equity core, factor completion for a growth tilt, or a targeted allocation to innovation-led franchises. Suitable for investors pursuing long-term capital appreciation or active U.S. equity models that accept higher equity volatility. Regimes favoring earnings dispersion and innovation leadership are supportive; broad value rotations or abrupt rate resets can be challenging. Monitor concentration and valuation risk in mega-cap holdings.