Fidelity launches five new ESG funds

Fidelity Investments has launched five new actively managed ESG funds including mutual funds and ETFs.

Fidelity says the new equity funds will invest in companies that are addressing climate change, prioritizing and advancing women’s leadership and development, or that have proven or improving sustainability practices.

The three new actively managed mutual funds are Fidelity Climate Action Fund (FCAEX), Fidelity Environmental Bond Fund (FFEBX), and Fidelity Sustainability U.S. Equity Fund (FSEBX).

The two new actively managed ETFs are Fidelity Sustainability U.S. Equity ETF (FSST)1 and Fidelity Women’s Leadership ETF (FDWM).