(FREL) Fidelity MSCI Real Estate - Ratings and Ratios

The Fidelity MSCI Real Estate Index ETF, listed on NYSE ARCA under the ticker FREL, is designed to track the performance of the real estate sector within the U.S. equity market. To achieve this, the fund invests a minimum of 80% of its total assets in securities that are components of its underlying index, the MSCI USA IMI Real Estate 25/25 Index. This index is a broad representation of the real estate sector, including a wide range of real estate investment trusts (REITs) and other companies involved in real estate development, management, and services.

The MSCI USA IMI Real Estate 25/25 Index serves as the fund's benchmark, aiming to capture the overall performance of the U.S. real estate market. The fund may not necessarily hold every security included in the MSCI USA IMI Real Estate 25/25 Index, as the fund manager may employ sampling techniques to achieve efficient replication of the index's performance. This approach allows the fund to closely track the index while managing costs and operational efficiency. The fund is part of Fidelity's offerings, a well-established financial services provider in the United States, with the fund itself being domiciled in the U.S. and carrying the ISIN code US3160928574.

As an exchange-traded fund (ETF) categorized under real estate, FREL offers investors a straightforward way to gain exposure to the U.S. real estate market. This can be particularly appealing to those looking to diversify their portfolios or seeking to capitalize on the potential growth and income opportunities presented by the real estate sector. The fund's structure as an ETF provides the benefits of transparency, liquidity, and flexibility, making it accessible to a wide range of investors, from individual investors to institutional clients. More information about the fund and its investment objectives can be found on the Fidelity Institutional website at http://www.institutional.fidelity.com.