Fidelity International is further extending the range of its ETFs with the launch of one Portfolio of EUR corporate bonds with a multi-factor approach in line with the Paris Climate Agreemen on Xetra
By ETFWorld.co.uk
Stefan Kuhn Head of ETF Distribution, Europe – Fidelity International
Since today, a new Active exchange-traded fund issued by Fidelity has been tradable via Xetra and Börse Frankfurt.
The Fidelity Sustainable EUR Corporate Bond Paris-Aligned Multifactor UCITS ETF is actively managed and invests primarily in a portfolio of euro-denominated investment grade corporate bonds issued by global issuers. The selection of bonds is based on a multi-factor model that combines quantitative, fundamental and sustainability characteristics to maximise the return against the benchmark.
The fund intends to align with the long-term goals of the Paris Agreement on global warming by limiting the carbon footprint of its portfolio while delivering income and capital growth.
| Product Name | Fidelity Sustainable EUR Corporate Bond Paris-Aligned Multifactor UCITS ETF |
| ISIN | IE0000VKUF67 |
| Asset Class | Active Fixed Income ETF |
| Ongoing charges | 0.20 per cent |
| Distribution policy | Accumulating |
Source: ETFWorld
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