London Stock Exchange welcomes Fidelity International celebrating their latest range of ETFs
Fidelity International (Fidelity) expands its Sustainable Research Enhanced ETF range with the launch of 3 new funds offering exposure to Emerging Markets, Japan and Pacific Ex Japan.
|Fund||Ticker||OCF||Comparative market index|
|Fidelity Sustainable Research Enhanced Emerging Market Equity ETF||FEMR||0.50%||MSCI Emerging Markets|
|Fidelity Sustainable Research Enhanced Japan Equity ETF||FJPR||0.30%||MSCI Japan|
|Fidelity Sustainable Research Enhanced Pacific Ex Japan Equity ETF||FPXR||0,30%||MSCI Pacific Ex Japan|
These actively managed funds join the three existing Sustainable Research Enhanced ETFs, all built according to the same strategy, and all benefitting from the unique insights of Fidelity’s proprietary sustainable and fundamental research.
This range of funds should be considered core holdings for investors looking for broad market exposure with a low tracking error and a beta in line with the market.
In keeping with the other products in the Sustainable ETF range, they aim to deliver positive alpha, targeting +1% per annum over the long term (i.e. more than 5yrs) through tilting towards securities Fidelity’s global research team highlight as having strong fundamental and sustainable characteristics. The funds control any style, country or sector bias relative to the broad market.
Fidelity first launched its Sustainable Research Enhanced Equity ETF range in June 2020, consisting of three core regional equity indices: Global, US and Europe.
Nick King, Head of ETFs, Fidelity International, comments: “Our new Sustainable Research Enhanced ETF range offers investors a cost-effective and differentiated product aligned to their growing ESG requirements. We’ve seen a good level of interest since the launch in June, and I am pleased we can now offer clients further regional building blocks as well as an emerging market strategy to implement their views.”