New Active ETF from Fidelity on Xetra: Portfolio of EUR corporate bonds with a multi-factor approach in line with the Paris Climate Agreement
New Active ETF from Fidelity on Xetra: Portfolio of EUR corporate bonds with a multi-factor approach in line with the Paris Climate Agreement
Since today, a new Active exchange-traded fund issued by Fidelity has been tradable via Xetra and Börse Frankfurt.
The Fidelity Sustainable EUR Corporate Bond Paris-Aligned Multifactor UCITS ETF is actively managed and invests primarily in a portfolio of euro-denominated investment grade corporate bonds issued by global issuers. The selection of bonds is based on a multi-factor model that combines quantitative, fundamental and sustainability characteristics to maximise the return against the benchmark.
The fund intends to align with the long-term goals of the Paris Agreement on global warming by limiting the carbon footprint of its portfolio while delivering income and capital growth.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
Fidelity Sustainable EUR Corporate Bond Paris-Aligned Multifactor UCITS ETF Acc | Active Fixed Income ETF | 0.20 per cent | accumulating |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,181 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.