Fidelity International has launched two new Asia sustainable ETFs.
The Fidelity Sustainable Research Enhanced Japan UCITS ETF and the Fidelity Sustainable Research Enhanced Pacific Ex Japan UCITS ETF provide investors equity market exposure comprised of companies that Fidelity favours from a sustainable and fundamental perspective.
Companies are selected and weighted in favour of those that Fidelity has identified as having a positive fundamental outlook and strong sustainability credentials, using Fidelity’s Sustainable Ratings. The portfolios typically consist of 150-200 stocks for the Japan Fund and 100-150 stocks for the Pacific Ex Japan Fund, and will be rebalanced quarterly.
Priced with an OCF of 0.30%, the ETFs commence trading on Monday 7 December on the London Stock Exchange.