Fidelity International lists high-conviction active ETF range on the London Stock Exchange
Fidelity International expands its industry-leading active ETF offering in Europe with its new high-conviction Fundamental Equity ETF range now listed on the London Stock Exchange. The range launches with two new products, the Fidelity US Fundamental Large Cap Core UCITS ETF and Fidelity US Fundamental Small-Mid Cap UCITS ETF.
The ETFs are sub-advised by Fidelity Investments, a separate U.S.-based company, and are now available to clients of Fidelity International through its Irish UCITS ETF range. The Fundamental Equity ETF range provides access to Fidelity Investments’ highly regarded active management and bottom-up research capabilities across the US equity investment universe. These systematic active strategies employ consistent and repeatable processes that is designed to extract and combine the highest-conviction investment ideas from multiple Fidelity Investments portfolio managers into single strategies.
“By employing Fidelity Investments’ active expertise in a risk-aware manner, these higher-conviction ETFs provide greater opportunity for alpha while still allowing investors to enjoy many of the core benefits of the ETF wrapper, such as the ability to trade throughout the day.”
Neil Davies
Head of ETF Product & Capital Markets for Europe and Asia Pacific at Fidelity International
Fidelity International is currently the second-largest provider of active ETFs in Europe with $11.2bn AUM (as at 1st September 2025). With these additions, its ETF range consists of 23 products, including 8 actively managed equity ETFs, 8 fixed income ETFs and 6 differentiated index ETFs.
Find out more about Fidelity International.
Important information
This information is classified as a Marketing Communication as defined by the Guidelines on marketing communications under the Regulation on cross-border distribution of funds.
The value of investments and the income from them can go down as well as up and investors may get back less than you invest.
These funds invest in overseas markets and so the value of investments can be affected by changes in currency exchange rates.
The use of financial derivative instruments may result in increased gains or losses within the funds.
Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realise returns that are different to the NAV performance.
Funds are subject to charges and expenses. Charges and expenses reduce the potential growth of your investment. This means you could get back less than you paid in. The costs may increase or decrease as a result of currency and exchange rate fluctuations. Please note that not all costs are presented, further information on costs can be found in the Prospectus.
Please refer to the Prospectus and KID of the fund before making any final investment decisions. The investment which is promoted concerns the acquisition of units or shares in a fund and not in a given underlying asset owned by the fund. Complete information on risks can be found in the Prospectus.
The Fidelity US Fundamental Small-Mid Cap UCITS ETF invests more heavily than others in small and mid-capitalisation companies, which can carry a higher risk because their share prices may be more volatile than those of larger companies and the securities are often less liquid.
The Fidelity US Fundamental Small-Mid Cap UCITS ETF is semi-transparent active equity ETFs which is different to traditional ETFs. Fully transparent active equity ETFs tell the public what assets they hold each day. Semi-transparent active equity ETFs will not. This may create additional risks for your investment. For example, you may have to pay more money to trade the shares of these ETFs. Less information about these ETFs may be provided to some market participants who tend to charge more for trades when they have less information; the price you pay to buy ETF hares on an exchange may not match the value of each ETF's portfolio. The same is true when you sell shares. These price differences may be greater for these ETFs compared to other ETFs because some market participants may have less information; these additional risks may be even greater in bad or uncertain market conditions; each ETF will publish quarter end holdings within 30 days of calendar quarter end. While these holdings may be similar, it is not the ETF's actual portfolio given it is published on a lagged basis. The differences between these ETFs and other ETFs may also have some advantages. By keeping certain information about the ETFs secret, they may face less risk that other traders can predict or copy their investment strategy. This may improve the ETFs' performance. However, if the investment strategy can be predicted or copied, this may hurt the ETFs' performance. Details of the Sub-Fund’s portfolio holdings will be made available to Authorised Participants and contracted market makers daily. In addition, details of the Sub-Fund’s portfolio holdings as at the end of each calendar quarter will be available on the Website within thirty (30) Business Days of the end of the relevant calendar quarter.
