New on Xetra: Active ETFs from Fidelity offer access to high-yield euro and US dollar corporate bonds with a rating below investment grade
Since Wednesday, three new Active Exchange Traded Funds issued by Fidelity have been tradable via Xetra and Börse Frankfurt.
The Fidelity Sustainable EUR High Yield Bond Paris-Aligned Multifactor UCITS ETF and the Fidelity Sustainable USD High Yield Bond Paris-Aligned Multifactor UCITS ETF Income Shares, also in the Euro Hedged Share Class, pursue an active investment strategy. The ETFs provide access to a portfolio consisting primarily of high yield corporate bonds denominated in Euro and US Dollars and issued by sub-investment grade issuers.
The funds strive to align with the long-term objectives of the Paris Climate Agreement on global warming. The Investment management uses a combination of quantitative, fundamental and sustainability criteria to select securities.
|
Name |
Asset class |
ISIN |
Ongoing charges |
Distribution policy |
|
Fidelity Sustainable EUR High Yield Bond Paris-Aligned Multifactor UCITS ETF Income Shares |
Active Fixed-Income ETF |
0.30 per cent |
distributing |
|
|
Fidelity Sustainable USD High Yield Bond Paris-Aligned Multifactor UCITS ETF Income Shares |
Active Fixed-Income ETF |
0.30 per cent |
distributing |
|
|
Fidelity Sustainable USD High Yield Bond Paris-Aligned Multifactor UCITS ETF Income EUR (Hedged) Shares |
Active Fixed-Income ETF |
0.35 per cent |
distributing |
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,272 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.