Fidelity launches sustainable EM ETF

The move follows after the firm added three ETFs to its sustainable fund range for the first time in June.

Fidelity has launched a new sustainable emerging market ETF in Europe, adding to its Sustainable Research Enhanced Equity ETF range launched in June, as reported by ESG Clarity in the UK

The Fidelity Sustainable Research Enhanced Emerging Market Equity ETF uses a systematic active strategy and Fidelity’s proprietary analyst research. It contains 300-350 stocks chosen for their positive fundamental outlook and sustainability credentials.

Nick King (pictured), head of ETFs at Fidelity International, said: “Our new Sustainable Research Enhanced ETF range offers investors acost-effective and differentiated product aligned to their growing ESG requirements. 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.”

The fund has an OCF of 0.5% and forms part of Fidelity’s Sustainable Family range.