Fidelity International has launched five new ETFs as part of its thematic ETF range.
Designed to capitalise on long-term, structural trends, the new ETFs will track Fidelity Thematic Indexes, the investment group said.
The five tracked themes in the range are clean energy, electric vehicles and future transportation, cloud computing, digital health and the metaverse. All are classified as article 8 under the Sustainable Finance Disclosure Regulation, with a minimum of 50% of index constituents deemed to maintain sustainable characteristics.
The ETFs, which have ongoing charge figures of 0.50%, began trading on Monday 5th September on the London Stock Exchange, Deutsche Borse Xetra and SIX Swiss Exchange. They are due to be listed on Borse Italiana later this month.
Following on from the launch, Fidelity’s active ETF range now encompasses 17 differentiated solutions from income, sustainable equity, sustainable fixed income and thematic.
Nick King, head of ETFs at Fidelity International, said: “Thematic investing seeks to identify and capitalise on long-term, structural trends by investing across countries and sectors to capture transformative drivers of the global economy, businesses and society. Many of these themes have an enhanced focus on sustainability as well as seeking to address specific social and environmental challenges.
“Our thematic indexes have been constructed through a collaboration of our proprietary fundamental, sustainable and quantitative research capabilities to ensure that we are providing clients with exposure to the best stocks in each particular theme, at a competitive price.”
