New ETFs by Fidelity on Xetra: access to government bonds in alignment with the Paris Climate Objectives and active investment in Japanese companies
New ETFs by Fidelity on Xetra: access to government bonds in alignment with the Paris Climate Objectives and active investment in Japanese companies
Since Wednesday, two new exchange traded funds issued by Fidelity are tradable on Xetra and via Börse Frankfurt.
The Fidelity Global Government Bond Climate Aware UCITS ETF gives investors access to government bonds worldwide, which are noted in local currencies and have an investment grade rating. The fund aims for a 14 per cent lower carbon intensity and an annual decarbonization of 7 per cent. This is a currency-hedged asset class, in which exchange rate fluctuations against the euro are minimized.
The Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF pursues an active investment strategy and mainly invest in a selection of Japanese companies that have a good ESG rating. The selection of companies considers ecological and social requirements, among which are CO2 intensity, CO2 emissions, energy efficiency, water and waste management, biodiversity, product security, health, and security as well as human rights.
Name | Asset class | ISIN | Ongoing charges | Reference index |
Fidelity Global Government Bond Climate Aware UCITS ETF - EUR Hedged | Fixed Income ETF | 0.25 per cent | Solactive Paris Aware Global Government USD Index | |
Fidelity Sustainable Research Enhanced Japan Equity UCITS ETF | Active ETF | 0.30 per cent |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,060 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.