Fidelity International has announced the launch of a new range of five ESG funds.
The funds, called the Sustainable Family, offers best-in-class and sustainable thematic strategies and utilize Fidelity’s proprietary sustainability ratings which were launched in June. These divide the investment universe into 99 sub-sectors, each with industry-specific criteria against which the issuer is assessed relative to its peers, with ratings ranging from A to E.
The Fidelity Sustainable Funds Family comprises:
Sustainable Water and Waste Fund
Sustainable Global Equity Fund
Sustainable Eurozone Equity Fund
Sustainable Reduced Carbon Bond Fund
Sustainable Strategic Bond Fund