Fidelity Investments Canada ULC Announces Estimated 2019 Annual Reinvested Capital Gains Distributions for Fidelity ETFs

TORONTO, Nov. 21, 2019 /CNW/ - Fidelity Investments Canada ULC ("Fidelity") today announced the estimated 2019 annual reinvested capital gains distributions for Fidelity's suite of ETFs ("Fidelity ETFs"). Please note that these are estimated amounts only, as of October 31, 2019, and reflect forward-looking information, which means the estimates may change.

These estimates are for the annual capital gains distributions only, which will be reinvested, and the resulting units immediately consolidated, so that the number of units held by each investor will not change. These estimates do not include estimates of ongoing periodic cash distribution amounts, which are reported separately.

We expect to announce the annual reinvested distribution amounts, as well as the monthly cash distribution amounts, on or about December 18, 2019. The ex-dividend date for the 2019 annual distributions will be December 24, 2019. The record date for the 2019 annual distributions will be December 27, 2019 and those distributions will be payable on December 31, 2019.

The actual taxable amounts of reinvested and cash distributions for 2019, including the tax characteristics of the distributions, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2020.

Fidelity ETF Name	Ticker Symbol	Net asset value (NAV) per unit as of October 31,2019 ($)	CUSIP	ISIN	Estimated annual capital gain per unit as of October 31, 2019 ($)	Estimated annual capital gain per unit as a % of NAV at October 31, 2019
Fidelity Canadian High Dividend Index ETF	FCCD	25.8269	31608M102	CA31608M1023	0.16616	0.64336%
Fidelity U.S. High Dividend Index ETF	FCUD	25.2265	31645M107	CA31645M1077	0.09781	0.38773%
Fidelity U.S. High Dividend Currency Neutral Index ETF	FCUH	24.4760	315740100	CA3157401009	0.04754	0.19423%
Fidelity U.S. Dividend for Rising Rates Index ETF	FCRR	25.8555	31644M108	CA31644M1086	-	-
Fidelity U.S. Dividend for Rising Rates Currency Neutral Index ETF	FCRH	25.0490	31644P101	CA31644P1018	-	-
Fidelity International High Dividend Index ETF	FCID	24.7355	31623D103	CA31623D1033	-	-
Fidelity Canadian Low Volatility Index ETF	FCCL	28.0205	31608H103	CA31608H1038	0.16440	0.58671%
Fidelity U.S. Low Volatility Index ETF	FCUL	29.7439	31647B109	CA31647B1094	0.32174	1.08170%
Fidelity U.S. Low Volatility Currency Neutral Index ETF	FCLH	29.6656	31647N103	CA31647N1033	0.36976	1.24643%
Fidelity International Low Volatility Index ETF	FCIL	27.1399	31624M102	CA31624M1023	0.01092	0.04024%
Fidelity Canadian High Quality Index ETF	FCCQ	26.3849	31610C100	CA31610C1005	-	-
Fidelity U.S. High Quality Index ETF	FCUQ	29.2943	31647C107	CA31647C1077	0.29677	1.01306%
Fidelity U.S. High Quality Currency Neutral Index ETF	FCQH	29.1577	31648J101	CA31648J1012	0.34000	1.16607%
Fidelity International High Quality Index ETF	FCIQ	27.8667	31623X109	CA31623X1096	0.04827	0.17322%
Fidelity Sustainable World ETF	FCSW	26.6389	31642F105	CA31642F1053	-	-
Fidelity Systematic U.S. High Yield Bond ETF	FCHY	24.8821	31615L105	CA31615L1058	-	-
Fidelity Systematic U.S. High Yield Bond Currency Neutral ETF	FCHH	25.0997	31615M103	CA31615M1032	0.27223	1.08459%
Fidelity Canadian Short Term Corporate Bond ETF	FCSB	25.0335	31608N100	CA31608N1006	-	-
Fidelity Systematic Canadian Bond Index ETF	FCCB	24.9555	31644F103	CA31644F1036	0.00571	0.02288%
Fidelity Global Core Plus Bond ETF	FCGB	25.1007	31623G106	CA31623G1063	0.29012	1.15582%

Forward-looking information

This press release contains forward-looking statements with respect to the estimated December 2019 capital gains distributions for the Fidelity ETFs. By their nature, these forward-looking statements involve risks and uncertainties that could cause the distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the Fidelity ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.

About Fidelity Investments Canada ULC

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals.

As a privately-owned company, our people and world class resources are committed to doing what is right for investors and their long-term success. Our clients have entrusted us with $138 billion in assets under management (as at October 31, 2019) and they include individuals, financial advisors, pension plans, endowments, foundations and more.

We are proud to provide investors a full range of domestic, international and global equity and income-oriented mutual funds, ETFs, asset allocation strategies, managed portfolios, sustainable investing products and a high net worth program. Fidelity is available through a number of advice-based distribution channels including financial planners, investment dealers, banks, and insurance companies.

Read a fund's prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed, their values change frequently, and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors and may experience a gain or loss.

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SOURCE Fidelity Investments Canada ULC

Chris Pepper, Vice-President, Corporate Affairs, Fidelity Investments Canada ULC, T: [phone], M: [phone], E: [email protected]

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