Unfortunately it doesn't have anything to do with Fidelity, it has to do with the actual creator / issuer of the fund. They are basically 'killing' the fund. You will not have the option to keep your shares, no one will. They said it is all in the prospectus, their right to do it...still it screws people who are wanting to hold long term.
I sold this afternoon @ $0.227, my avg cost was $0.47 so I took a 50%+ haircut.
It amazes me, I been trading since 1999, I'm 53 now, and I'm still finding new ways the big guys screw the little guys...smh but I remain undaunted, best of luck to you in all your trades!
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