Fidelity is pleased to offer passive foreign investment company (PFIC) annual information statements to unitholders of Fidelity exchange-traded funds (ETFs) and ETF Series of Fidelity Funds who are considered U.S. persons for U.S. tax purposes.

For unitholders of Fidelity Funds (excluding ETFs and ETF Series), please speak with your financial advisor or your discount broker, if applicable, about obtaining an individualized copy of your PFIC statements.

PFIC ETF and ETF Series statements

Fidelity’s ETF and ETF Series annual information statements (AIS) are available for the tax years listed below. An AIS provides the pro-rata per unit per day share of the ordinary earnings and net capital gains for the tax period. Investors need to multiply the number of shares they held by the number of days they held them, and by the factors in the AIS, to determine their personalized PFIC reporting amounts.

The AIS will allow you to make the qualified electing fund (QEF) election on your U.S. income tax returns. In making the QEF election, include the pro-rata share of the ETF or ETF Series’ earned income and capital gains for U.S. tax purposes. This is roughly similar to how U.S. ETFs are taxed in the U.S. and is generally aligned with how Canadian ETFs and ETF Series are taxed in Canada. There are other reporting options, but in many cases the QEF election will be the most beneficial to U.S. tax filers. We strongly recommend you consult a U.S. tax specialist with regard to U.S. tax rules on PFICs and the implications of PFIC reporting to you.

 

Frequently asked questions

 

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PFIC ETF AIS (Download)

Ticker Fidelity ETF Tax year Tax year Tax year Tax year Tax year
FBTC Fidelity Advantage Bitcoin® ETF       2022 2023
FETH Fidelity Advantage Ether ETF™         2023
FBAL Fidelity All-in-One Balanced ETF     2021 2022 2023
FCNS Fidelity All-in-One Conservative ETF       2022 2023
FEQT Fidelity All-in-One Equity ETF       2022 2023
FGRO Fidelity All-in-One Growth ETF     2021 2022 2023
FCCD Fidelity Canadian High Dividend ETF 2019 2020 2021 2022 2023
FCCQ Fidelity Canadian High Quality ETF 2019 2020 2021 2022 2023
FCCL Fidelity Canadian Low Volatility ETF 2019 2020 2021 2022 2023
FCCM Fidelity Canadian Momentum ETF     2021 2022 2023
FCMI Fidelity Canadian Monthly High Income ETF   2020 2021 2022 2023
FCSB Fidelity Canadian Short Term Corporate Bond ETF   2020 2021 2022 2023
FCCV Fidelity Canadian Value ETF     2021 2022 2023
FCGB Fidelity Global Core Plus Bond ETF   2020 2021 2022 2023
FCIG Fidelity Global Investment Grade Bond ETF     2021 2022 2023
FCGI Fidelity Global Monthly High Income ETF   2020 2021 2022 2023
FCID Fidelity International High Dividend ETF 2019 2020 2021 2022 2023
FCIQ Fidelity International High Quality ETF 2019 2020 2021 2022 2023
FCIL Fidelity International Low Volatility ETF 2019 2020 2021 2022 2023
FCIM Fidelity International Momentum ETF     2021 2022 2023
FCIV Fidelity International Value ETF     2021 2022 2023
FCSW Fidelity Sustainable World ETF   2020 2021 2022 2023
FCCB Fidelity Systematic Canadian Bond Index ETF   2020 2021 2022 2023
FCHH* Fidelity Systematic U.S. High Yield Bond Currency Neutral ETF*   2020 2021 2022 2023
FCHY* Fidelity Systematic U.S. High Yield Bond ETF*   2020 2021 2022 2023
FMTV Fidelity Total Metaverse ETF         2023
FCRH Fidelity U.S. Dividend for Rising Rates Currency Neutral ETF 2019 2020 2021 2022 2023
FCRR Fidelity U.S. Dividend for Rising Rates ETF 2019 2020 2021 2022 2023
FCUH Fidelity U.S. High Dividend Currency Neutral ETF 2019 2020 2021 2022 2023
FCUD Fidelity U.S. High Dividend ETF 2019 2020 2021 2022 2023
FCQH Fidelity U.S. High Quality Currency Neutral ETF 2019 2020 2021 2022 2023
FCUQ Fidelity U.S. High Quality ETF 2019 2020 2021 2022 2023
FCLH Fidelity U.S. Low Volatility Currency Neutral ETF 2019 2020 2021 2022 2023
FCUL Fidelity U.S. Low Volatility ETF 2019 2020 2021 2022 2023
FCMH Fidelity U.S. Momentum Currency Neutral ETF     2021 2022 2023
FCMO Fidelity U.S. Momentum ETF     2021 2022 2023
FCVH Fidelity U.S. Value Currency Neutral ETF     2021 2022 2023
FCUV Fidelity U.S. Value ETF     2021 2022 2023

 

* The terminated ETF held US Money Market Investment Trust for the period from May 1, 2022 to August 19, 2022, the date of termination. As US Money Market Investment Trust has an April 30 year end for PFIC purposes, any potential income to be picked up by investors for the May 1, 2022 to August 19, 2022 period will not be available until the 2023 PFIC statements are released in 2024. If you have any questions or concerns regarding your PFIC tax obligations, please speak with your U.S. Tax Professional.

PFIC ETF Series AIS (Download)

Ticker Fidelity ETF Series Tax year
FCGS Fidelity Global Small Cap Opportunities Fund - ETF Series 2023