Fidelity Merrimack Street Trust

Form Type: 485BPOS

Filing Date: 2024-12-30

Corporate Action: Liquidation

Type: Update

Accession Number: 000113322824011705

Comments: The document details a Special Meeting of Shareholders for Fidelity® Municipal Core Plus Bond Fund, scheduled for March 12, 2025, focusing on an Agreement and Plan of Reorganization and Liquidation. This proposal involves the reorganization of the Acquired Fund into Fidelity® Municipal Bond Opportunities ETF, necessitating shareholder approval. The transaction is aimed at transitioning all assets and liabilities of the Acquired Fund into the newly created Acquiring Fund, with shareholders receiving shares equal to their net asset value upon completion of the liquidation process. Additionally, effective March 12, 2025, various fees will be waived for existing Acquired Fund shareholders, and consolidation of share classes is planned effective March 14, 2025. The document outlines the importance of shareholder participation, registration instructions for the virtual meeting, and details the expected benefits of the reorganization, including expense reductions and the tax-free nature of the transaction, barring cash received for fractional shares.

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