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Position for a Resilient Tech Sector With FTEC

If there is one sector of the equity market that investors have leaned into in particular this year, it’s been tech.Key Takeaways: Many investors have leaned into technology within their portfolios, given the sector’s resilient growth and widespread AI adoption. Fidelity offers low-cost access to the information technology sector through the Fidelity MSCI Information Technology Index ETF+ (FTEC A). This reality is hardly surprising to those familiar with what’s going on with the economy. After all, the tech industry continues to dominate market discourse, in part due to the critical role AI adoption has played in businesses across the country. The prevailing role AI has within the global economy continues to make tech exposure a crucial part of a competitive portfolio. Of course, simply maintaining tech exposure isn’t enough to guarantee portfolio outperformance. Advisors and investors should choose a strategy that invests in the right tech companies. See More: Income or Downside Protection? Comparing Fidelity’s Options-Based ETFsFTEC Offers Low-Cost Access to Information TechnologyOne fund worth considering is the Fidelity MSCI Information Technology Index ETF (FTEC A). FTEC is a fund from Fidelity Investments that offers low-cost tech exposure at 8 basis points. Using an index-based approach, FTEC aims to provide performance similar to the MSCI USA IMI Information Technology Index. This index tracks companies across the U.S. equity market that occupy the information technology sector. See More: Why Consider Actively Managed Investment-Grade ETFs? The technology sector and its underlying companies may very well be positioned for further momentum in the coming months. Those betting on a resilient tech industry may want to lean into information technology with a fund like FTEC. For more news, information, and analysis, visit the ETF Investing Content Hub. Fidelity Investments® is an independent company unaffiliated with VettaFi LLC (“VettaFi”). These articles do not form any kind of legal partnership, agency affiliation, or similar relationship between VettaFi and Fidelity Investments, nor is such a relationship created or implied by the articles herein. VettaFi LLC is the author and owner of these articles. 1291457.1.0

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