Fidelity International has launched two ETFs which will begin the ‘Quality Value’ range at Fidelity, which will offer exposure to large and mid-cap companies.
The ETFs will be classified as SFDR Article 8, and will be listed on the London Stock Exchange tomorrow, 6 December. They were listed today (5 December) on Xetra, and will be on Borsa Italia and SIX in the future.
The new range is aimed at addressing some of the challenges of value investing, with a focus on quality stocks and control of country and sector exposure. It also aims to account for “intangible assets” such as research and development.
Fidelity will begin this range with Fidelity US Quality Value UCITS ETF and Fidelity Global Quality Value UCITS ETF, with plans to expand into additional regions early next year.
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The value range follows Fidelity’s Quality Income ETF range, now worth $2.5bn. Fidelity has introduced 24 ETF strategies since it made its foray into ETFs in 2017.
Alastair Baillie Strong, head of ETFs, said: “The foundation of our ETFs is their ability to leverage our research and quantitative capabilities to provide differentiated exposures, through enhanced index or active ETFs.
“We want to provide clients with our expertise, as they seek to tackle the many idiosyncratic risks posed by today’s volatile global macroeconomic and geopolitical backdrops. The new Quality Value ETFs can help clients build a diversified allocation with quality names while also investing in attractively valued companies.”
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