Fidelity launches sustainable emerging market ETF

Investment manager adds to its Sustainable Research Enhanced Equity ETF options.

Fidelity International has launched a new sustainable emerging market ETF, adding to its Sustainable Research Enhanced Equity ETF range launched in June.

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, head of ETFs at Fidelity International, said: “Our new Sustainable Research Enhanced ETF range offers investors a cost-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.