Fidelity International Launches New Actively Managed, Paris-Aligned Global Equity ETF on LSE

The ETF is an actively managed fund that seeks to deliver long-term capital growth by investing primarily in equity securities of companies across developed global markets. Its ISIN is IE000TYGG0N6, and it is structured as an accumulating share class with a competitive ongoing charge of 0.25%.

A key feature of this new fund is its alignment with the Paris Agreement. The “PAB” in its name stands for “Paris Aligned Benchmark,” signifying that the fund’s investment strategy is designed to meet the long-term global warming objectives of the landmark climate accord by restricting carbon emission exposure.

The fund leverages Fidelity’s proprietary fundamental and sustainable research to identify companies with attractive characteristics, aiming to provide enhanced beta exposure to the global equity market. This approach is part of Fidelity’s broader “Research Enhanced” ETF range, which offers a transparent and cost-effective way for investors to access the firm’s deep analytical resources.

This launch underscores Fidelity’s continued commitment to expanding its suite of active ETFs, blending the flexibility and transparency of the ETF structure with the potential for outperformance offered by active management