Fidelity offers access to a virtual world of options via the Metaverse Index ETF on the NEO Exchange

NEO is proud to join the Fidelity Investments Canada ULC (“Fidelity”) on the NEO Exchange for the launch of the Fidelity Total Metaverse Index ETF, a stock strategy now traded under the symbol FMTV.

Designed to provide access to companies expected to drive the development of the virtual universe, FMTV leverages Fidelity’s proven approach to index design, including its extensive global network and in-depth research capabilities.

FMTV aims to replicate the results of the Fidelity Canada Total Metaverse Index. This ETF invests primarily in securities from issuers worldwide that develop, manufacture, distribute and sell products and / or services related to the establishment of metaverse, including digital payment processing and related sectors, cryptocurrencies, in order to support the digital economy of the meta-verse.

“We are pleased to launch our Fidelity Total Metaverse Index ETF, which provides investors with exposure to various aspects of the metaverse, digital payments and cryptocurrency sectors.“, Says Kelly Creelman, Senior Vice President, Products and Marketing, Fidelity. “Investors and advisors are looking for differentiated investment solutions to help them achieve their investment goals. Fidelity has expanded its ETF range with solutions across multiple asset classes. “

The Fidelity Total Metaverse Index ETF joins five other NEO-listed ETFs, including four all-in-one ETFs and the Fidelity Sustainable World Equity ETF. Investors can trade all Fidelity ETFs listed on NEO through their regular investment channels, including discount brokerage platforms and full-service brokers.

“The emergence of the meta-verse has opened up a virtual world of possibilities, and Fidelity is at the forefront of providing access to unprecedented investment opportunities,” notes Jos Schmitt, President and CEO of NEO. “As Canada’s leading innovation economy exchange, NEO is the ideal partner for FMTV, and we are honored to provide investors with the platform that delivers this groundbreaking product.”

NEO Exchange hosts over 230 unique listings, including ETFs from Canada’s largest issuers and some of the most innovative Canadian and international companies. NEO handles approximately 20% of all ETFs in Canada and between 10% and 15% of the total volume traded on Canadian platforms. Click here for a complete list of titles referenced on NEO.

About NEO Exchange

NEO Exchange is Canada’s Tier 1 exchange for the innovation economy. It brings together investors and actors who want to raise capital within the framework of a fair, liquid, efficient and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trade all listed securities in Canada on equal terms. NEO lists companies and investment products seeking an internationally recognized exchange that provides investor confidence, quality liquidity and broad awareness, including unhindered access to market data.

NEO recently launched the Canadian ETF Market, an intuitive platform that gives investors and advisors one-stop access to ETF research and analysis, driven by specialist Trackinsight. Institution-level real-time data allows users to compare, highlight, and explore the entire universe of 1,200 Canadian ETFs for free.

About Fidelity Investments Canada ULC

At Fidelity, our mission is to help Canadian investors build better futures and stay ahead of the curve. We offer investors and institutions a range of innovative and reliable investment portfolios to enable them to achieve their financial and personal goals. As a private company, we use our resources and our people for the benefit of investors and their long-term success. We manage $ 189 billion in assets for our clients (as of May 10, 2022), including individuals, financial advisors, pension plans, grants, and foundations.

Fidelity is proud to offer investors a complete suite of mutual funds and exchange traded funds in Canadian, foreign and global equities, income solutions, ETFs and asset allocation strategies, managed portfolios, sustainable investment products, alternative investment funds and a high net worth client program. Fidelity Funds are offered through various advisory-oriented distribution channels such as financial planners, investment dealers, banks and insurance companies.

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