Bringing you live news and features since 2006 

Newspaper and coins

Fidelity launches first actively-managed ETFs


Fidelity Investments has expanded its exchange-traded fund (offering for investors and financial advisors with the introduction of the company’s first suite of actively managed fixed income ETFs.

Fidelity’s three new actively managed fixed income ETFs – Fidelity Total Bond ETF (FBND), Fidelity Limited Term Bond ETF (FLTB) and Fidelity Corporate Bond ETF (FCOR) – have begun trading on the New York Stock Exchange.
Each of the new ETFs have total expense ratios of 0.45 per cent. Investors and registered investment advisors (RIAs) can purchase the three ETFs commission-free online through one of Fidelity’s brokerage platforms.
“With the launch of these three Fidelity ETFs, investors and advisors who are seeking the benefits and flexibility of an ETF vehicle can now access three of our flagship active bond strategies,” says Bob Brown, president of Fidelity’s bond division. “By leveraging Fidelity’s active fixed income investment management capabilities, including one of the deepest research teams in the industry, our new ETFs also offer investors and advisors the potential to outperform an index.”
The Fidelity Total Bond ETF is managed by Ford O’Neil, Pramod Atluri and Michael Foggin, the Fidelity Limited Term Bond ETF is managed by Rob Galusza and David Prothro, and the Fidelity Corporate Bond ETF is managed Michael Plage and Prothro.
“While active ETFs are still in their infancy, we are seeing increased demand and believe that the market is ready for more choice in the active approaches offered through the ETF structure,” says Scott E Couto, president of Fidelity Financial Advisor Solutions. “We believe our ETF offering offers investors and advisors excellent choice across the duration spectrum, including a true, core fixed income strategy.”

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by