Bringing you live news and features since 2006 

Fidelity International launches global government bond climate aware UCITs ETF


Fidelity International has announced the launch of the Fidelity Global Government Bond Climate Aware UCITS ETF, expanding its climate-focused ETF investment solutions.

The Fund is the third in a series of climate focused ETF launches and enhancements at Fidelity, joining the Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF and the Fidelity Sustainable Global High Yield Bond Paris-Aligned Multifactor UCITS ETF.

The Fidelity Global Government Bond Climate Aware UCITS ETF is a passively managed ETF which tracks the Solactive Paris Aware Global Government USD Index (the ‘Index’). The Index is designed to reflect the performance of global local currency government bonds, issued by investment grade countries, while at the same time aiming to exhibit a level of carbon emission intensity 14 per cent lower than the investible universe at launch and subsequently to aim for a further year-on-year decarbonisation target, currently at an average rate of 7 per cent per annum. This in turn aims to deliver a significant reduction in carbon footprint of the portfolio compared with similar products tracking non-Paris-aware indices.

The Fund is categorised article 8 of the Sustainable Finance Disclosure Regulation (SFDR) and  a minimum of 50 per cent of the Fund’s assets will be invested in securities of issuers with favourable ESG characteristics. The Fund commenced trading on Monday 20 March on the London Stock Exchange, Deutsche Börse Xetra, SIX Swiss Exchange and Borsa Italiana. 

Nick King, Head of ETFs at Fidelity International, says: “Sustainable investing is a key priority for many of our clients and often they are focused on managing climate change through their investment allocations. This new ETF provides investors with a highly diversified global government bond exposure aligned to climate objectives. This expands our existing range of climate focused fixed income ETFs, providing innovative, cost-effective building blocks for asset allocation.”

Latest News

Invesco’s Paul Syms, Head of EMEA ETF Fixed Income and Commodity Product Management, has commented on the gold price, saying:..
Everysk, a provider of customisable, no-code, low-code intelligent automation solutions, has been chosen as a strategic partner of Dynamic Beta..
Rize ETF has listed its new Rize Circular Economy Enablers UCITS ETF (CYCL) on the London Stock Exchange (LSE) and..
DWS has launched a new Xtrackers ETF based on European Nordic equity markets, aligned with the goals of the 2015..

Related Articles

Stephanie Miller Pierce, BNY Mellon
The three-year anniversary of BNY Mellon Investment Management’s launch of ETFs was marked by the quarter one growth of 172...
South Korea Flag
The overall trend in retail subscriptions to mutual funds in Korea is shifting gradually toward ETFs, as exchange-traded offerings have...
“The beauty of ETFs is that you can have effectively a rules-based strategy at low cost” says Laurent Kssis, head...
Henry Timmons, RBA
Henry Timmons, director of ETFs and Michael Contopoulos, director of fixed income at Richard Bernstein Advisors are on a mission...
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