Fidelity International lists five new ETFs

Fidelity International is further extending the range of its ETFs with the launch of five ETF in two classes

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Fidelity Clean Energy UCITS ETF ACC-USD

The fund aims to provide investors with a total return, taking into account both capital and income returns, which reflects, before fees and expenses, the return of the Fidelity Clean Energy ESG Tilted Index NR.

The Index is designed to reflect the performance of a global universe of companies that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources.

The Index comprises equity securities of the relevant companies. The Index does not contain any cryptocurrencies or other digital assets.

To be eligible to be included in the Index, stocks must pass a screen particular to the Index Theme, meeting certain theme-specific criteria.

The Index also applies environmental, social and governance (‘‘ESG’’) screens and integrates ESG rating in the index construction as part of its methodology so that a minimum of 50% of its constituents are deemed to maintain sustainable characteristics. The Index also applies an ESG controversies screen to exclude certain issuers based on data rating controversies depending on their impact on the environment and society as well as the risks to the issuer’s business. The fund promotes environmental and social characteristics pursuant to Article 8 of the SFDR.

Fidelity Cloud Computing UCITS ETF ACC-USD

The fund aims to provide investors with a total return, taking into account both capital and income returns, which reflects, before fees and expenses, the return of the Fidelity Cloud Computing ESG Tilted Index NR.

The Index is designed to reflect the performance of a global universe of companies that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing resources over the internet.

The Index comprises equity securities of the relevant companies who are positioned to benefit from the increased adoption of cloud computing technology.

Fidelity Digital Health UCITS ETF ACC-USD

The fund aims to provide investors with a total return, taking into account both capital and income returns, which reflects, before fees and expenses, the return of the Fidelity Digital Health ESG Tilted Index NR.

The Index is designed to reflect the performance of a global universe of companies providing healthcare records management, connected healthcare devices, surgical robotics, telemedicine, and other technology-enabled health care products and services.

The Index Theme comprises two sub-themes: (a) digital healthcare products and services, which covers activities such as healthcare software products, internet pharmacies, telehealth services, robotic surgery products and (b) connected medical devices, which covers activities such as neurology, oncology, respiratory and cardiology medical devices. The Index comprises equity securities of the relevant companies.

Fidelity Metaverse UCITS ETF ACC-USD

The fund aims to provide investors with a total return, taking into account both capital and income returns, which reflects, before fees and expenses, the return of the Fidelity Metaverse ESG Tilted Index NR.

The Index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, sell products or services related to establishing and enabling the ‘‘Metaverse’’, which is a term used to describe a future state of the internet characterized by a network of both augmented reality and virtual worlds that can be experienced persistently and in a shared environment by large numbers of users.

The Index may therefore encompass stock of companies engaged in activities such as the manufacturing of computing hardware, components, or digital infrastructure, design and engineering software, gaming technology, web development and content services or smart phone and wearable technology relevant to the Index Theme.

Source: ETFWorld