Bringing you live news and features since 2006 

Fidelity International launches Paris-aligned sustainable ETF


Fidelity International is expanding its range of climate-focused investment solutions by launching the Fidelity Sustainable Global High Yield Bond Paris-Aligned Multifactor UCITS ETF.

The ETF is benchmarked against the Solactive Paris Aligned Global Corporate High Yield USD Index, aiming to provide long-term growth and income by investing in a diversified portfolio of high yield bonds, while aligned with the objectives of the Paris agreement of limiting global warming to 1.5 degrees. The ETF will target a level of emission intensity 50 per cent lower than an equivalent global market universe and aim for an average decarbonisation rate of 7 per cent per annum target. Companies subject to UNGC controversies or in sectors such as weapons, thermal coal, oil sands, arctic oil & gas, or tobacco production are automatically excluded.

The firm writes that the ETF benefits from the strengths of Fidelity’s global research platform and the Sustainable Investing team and utilises Fidelity’s proprietary multifactor model, analysing bonds using quantitative multifactor signals to help identify issuers that outperform.

The ETF will commence trading on Monday, 14 November on the London Stock Exchange. Listings and registrations across Europe will follow.

Nick King, Head of ETFs at Fidelity International, says: “Reducing climate impact and supporting the Paris Agreement set out in 2015 are of the utmost importance for building a sustainable future, and the launch of this new ETF reaffirms Fidelity’s ambition in sustainable investing. We are convinced this new sustainable ETF will provide clients the opportunity to meet their financial goals and their climate objectives.”

With this newly launched product, Fidelity writes that its ETF range now encompasses 18 differentiated solutions from Income, Sustainable Equity, Sustainable Fixed Income and Thematic.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
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