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Fidelity adds two sustainable bond funds

ESG Investing Wednesday 8 May 2024 09:27 GMT

Fidelity International has launched two new funds focused on sustainable social and corporate bonds.

The Sustainable Global Corporate Bond fund has a minimum of 70% of assets in investment-grade corporate debt securities worldwide and is managed by Kristian Atkinson.

The Sustainable Social Bond fund looks to address social issues and invests in investment-grade corporate debt securities worldwide, with at least 80% of the portfolio dedicated to socially oriented bonds. The fund is managed by Shamil Gohil.

Both funds are classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR).

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