Fidelity International has added an all country equity strategy to its growing $16.2bn active ETF range.
The Fidelity All Country Equity Research Enhanced UCITS ETF, with an OCF of 0.25%, offers access to global equity markets and sits within the firm's Research Enhanced active ETF range. It has listed on Borsa Italiana and Xetra today (11 November), with a SIX listing to follow on Thursday (12 November). It will invest in developed and emerging market equities using a quantitative approach focused on Fidelity analysts' stock recommendations, targeting outperformance against the MSCI ACWI index and a higher ESG score. Neil Davies, head of ETFs at Fidelity International, said: "Our Cor...
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