A new ETF from Fidelity International has been tradable on Xetra and Börse Frankfurt since Friday.
The new smart beta ETF, the Fidelity Global Quality Income UCITS ETF – EUR Hedged, enables investors to participate in the performance of large and medium-sized stock corporations from industrialised countries, characterised by high-dividend yields and high quality. The quality of a company is measured using various fundamental data, such as stable profits and cash flows. The ETF minimises the exchange rate risk between the US dollar and the euro.
