FMAT News and Press, Fidelity MSCI Materials Index From 09/19/23

2023-09-19 06:29:11 ET More on Fidelity Covington Trust - Fidelity MSCI Materials Index ETF Seeking Alpha’s Quant Rating on Fidelity Covington Trust - Fidelity MSCI Materials Index ETF Dividend scorecard for Fidelity Covington Trust - Fidelity MSCI Materials Index ETF...

2023-09-02 12:27:35 ET Summary Commodities, including oil, natural gas, metals, and crops, may offer a good value proposition due to under-investment, the transition to clean energy, extreme weather, global conflicts, and population growth. Investing in commodities during times of...

2023-08-09 11:43:30 ET The 2023 trading year has been a positive one for stocks while bond yields have also pushed up of late. Bank of America argued on Wednesday that they still favor exposure to stocks over bonds and the financial institution also prefers exposure to free cash flow names ...

2023-06-20 08:39:13 ET Fidelity MSCI Materials Index ETF ( NYSEARCA: FMAT ) - $0.2110 . Payable Jun 22; for shareholders of record Jun 20; ex-div Jun 16. For further details see: Fidelity MSCI Materials Index ETF declares quarterly distribution of $0.2110

2023-06-19 22:20:00 ET Summary The Russell 1000 and the S&P 500, the two main broad US large-cap indexes, are both up about 15% this year. But the growth and value versions of these two indexes have produced very different results. The dollar was down last week, presumably on ...

2023-05-06 08:01:00 ET Summary Inside China's reopening trend. Why some companies continue to benefit from China's reopening, while others fade? Is China's economic rebound sustainable? China's reopening has given several sectors, such as the retail luxury se...

2023-04-14 15:32:41 ET Summary All subsectors have good value and quality scores. Construction materials and mining/metals are the most attractive ones. Fidelity® MSCI Materials Index ETF is an alternative to Materials Select Sector SPDR® Fund ETF. We discuss 4 s...

2023-03-24 16:44:00 ET Summary Supply/demand outlook combined with relatively high yields are creating attractive opportunities for natural resource investors, but potential risks stemming from Russia still need to be watched. We really have to consider whether West is going into ...

2023-03-07 07:02:00 ET Summary Broad-based commodity cycles have typically had a major demand driver. In the 1970s, it was a weak U.S. dollar, and in the early 2000s it was Chinese growth. With potential growth in real GDP constrained by demographics, the focus is on supply constr...

Summary FMAT invests in U.S. Materials stocks. Forward earnings are negative, which makes FMAT an unlikely investment case in the near term. However, a longer-term view would allow for a strong headline IRR even adjusting for beta. I think FMAT is probably undervalued on a five-...