Fidelity adds emerging market sustainable ETF

Fidelity International has added a new emerging market fund to its sustainable ETFs offering.

The Fidelity Sustainable Research Enhanced Emerging Market Equity ETF provides emerging market equity exposure to companies Fidelity favours from a sustainable and fundamental perspective using Fidelity’s Sustainable Ratings. The portfolio typically consists of 300 – 350 stocks and will be rebalanced quarterly.

Priced with an OCF of 0.50%, the ETF commenced trading on Thursday 26 November on the London Stock Exchange and Deutsche Börse Xetra.

Nick King, Head of ETFs, Fidelity International, comments: “Our new Sustainable Research Enhanced ETF range offers investors a cost-effective and differentiated product aligned to their growing ESG requirements. We’ve seen a good level of interest since the launch in June, and I am pleased we can now offer clients an emerging market building block to implement their regional views. We hope to expand range further in the coming months.”