Fidelity has completed its sustainable research enhanced ETF range with the launch of a Japan and Pacific ex-Japan strategies.
The Fidelity Sustainable Research Enhanced Japan UCITS ETF (FJPR) and the Fidelity Sustainable Research Enhanced Pacific ex Japan UCITS ETF (FPXR) are listed on the London Stock exchange with ongoing charges figures (OCFs) of 0.3%.
FJPR and FPXR employ a systematic active strategy using Fidelity’s analytical research.
Companies are selected and weighted in favour of those that the firm has identified as having a positive fundamental outlook and strong sustainability fundamentals using Fidelity’s sustainable ratings.
Rebalanced quarterly, FJPR is comprised of 150-200 Japanese stocks while FPXR is slightly smaller with 100-150 Pacific stocks, excluding any Japanese exposure.
The ETF range debuted in June consisting of global, US and European exposure before adding an emerging market ETF to the range in November.
Product Panel: Fidelity’s active ESG ETFs
Nick King (pictured), head of ETFs at Fidelity International, commented: “The cornerstone of Fidelity’s investment approach is bottom-up research.
“The sustainable research enhanced ETF range leverages our fundamental and ESG research to provide efficient and cost-effective building blocks.”