Fidelity unveils three sustainable ETFs

Fidelity International has rolled out three actively-managed exchange-traded funds (ETFs) implementing ESG criteria.

The ETFs employ a systematic active strategy and leverage the fund managers’s own research and sustainability standards.

Companies are selected and weighted in favour of those that Fidelity has identified as having a positive fundamental outlook and strong sustainability credentials.

The portfolios of the Fidelity Sustainable Research Enhanced Equity ETFs typically consist of 250 to 500 stocks, depending on geographical region, and will be rebalanced quarterly.

Jenn-Hui Tan, global head of stewardship and sustainable investing, said: “Sustainable investing has proven to be one of the most significant shifts in asset management in a generation, heightened by increasing evidence that ESG investing can enhance financial returns.”

“This trend was reaffirmed in our own research where stocks with higher ESG ratings outperformed lower rated stocks during the recent Covid-19 induced market sell-off.”

The ongoing charges figure of the ETFs have been set at between 0.30% and 0.35%.

© 2020 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST