New Active ETF from Fidelity on Xetra: access to corporate bonds worldwide with a multi-factor approach
New Active ETF from Fidelity on Xetra: access to corporate bonds worldwide with a multi-factor approach
A new exchange-traded fund issued by Fidelity has been tradable on Xetra and via Börse Frankfurt since Wednesday.
The actively managed Fidelity Sustainable Global Corporate Bond Paris Aligned Multifactor UCITS ETF invests primarily in investment grade corporate bonds from global issuers. A multi-factor strategy combining quantitative, fundamental and sustainability characteristics is used to select corporate bonds.
The fund is oriented towards the climate targets of the Paris Agreement for reducing greenhouse gas emissions. In addition, issuers involved in controversial business activities such as tobacco, fossil fuels and weapons are excluded.
This is a currency hedged share class.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
Fidelity Sustainable Global Corporate Bond Paris Aligned Multifactor UCITS ETF EUR Hedged | Active-ETF | 0.30 per cent | accumulating |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,986 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.