The Fidelity US Quality Income UCITS ETF Accumulating USD Shares (FUSA) is an Ireland-domiciled equity ETF managed by Fidelity International.

The fund seeks to track the performance of the Fidelity US Quality Income Index, a benchmark composed of large- and mid-cap U.S. dividend-paying companies that exhibit fundamental quality characteristics.

The strategy seeks to identify financially robust companies and then select businesses with relatively high dividend yields from within that universe. As a result, the fund combines U.S. equity exposure with fundamental quality screens and income-related criteria.

The Fidelity US Quality Income Index includes large- and mid-cap U.S. dividend-paying companies that exhibit fundamental quality characteristics.

Composition / Exposure Profile

FUSA holds companies across several sectors of the U.S. economy, including:

• Information technology.

• Financials.

• Health care.

• Communication services.

• Consumer discretionary.

• Industrials.

• Consumer staples.

• Energy.

• Real estate.

• Materials.

• Utilities.

The portfolio consists of companies that meet the quality and dividend criteria established by the index methodology, providing exposure across different segments of the U.S. equity market.

Although the strategy focuses on dividend-paying companies, stock selection is not based solely on dividend yield. Financial quality screens also play a central role in determining the eligible universe.

Structure and Costs

FUSA has the U.S. dollar as both its fund base currency and share class base currency. The strategy is also available through other share classes, including distributing and currency-hedged versions.

The ETF has an ongoing charges figure of 0.25% per year and uses physical replication. It is domiciled in Ireland, operates under the UCITS framework, and is part of Fidelity UCITS ICAV.

FUSA is an accumulating share class, meaning dividends and other income generated by its holdings are reinvested within the fund rather than distributed periodically to shareholders.

History and Evolution of the ETF

The Fidelity US Quality Income UCITS ETF Accumulating USD Shares (FUSA) was launched in 2017 to provide exposure to U.S. dividend-paying companies selected according to financial quality criteria.

Since its launch, the fund has maintained a passive strategy linked to the Fidelity US Quality Income Index, combining fundamental quality criteria with the selection of companies offering relatively high dividend yields.

Throughout its history, the fund's performance has reflected movements in the U.S. equity market and, more specifically, the performance of companies selected under the benchmark's quality and dividend methodology.

Additional Information

Fidelity US Quality Income UCITS ETF Accumulating USD Shares (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $283.92 million.

Over the past 12 months, Fidelity US Quality Income UCITS ETF Accumulating USD Shares recorded a return of 14.88%, with its price trading between $14.21 and $16.98 during the same period.

The ETF is traded under the ticker FUSA.