Fidelity® ’Enhances’ ETF Lineup With Six New Active Equity Strategies and Reduced Pricing on Factor ETFs
Retrieved on:
Monday, November 13, 2023
The new suite includes:
Key Points:
- The new suite includes:
The enhanced ETFs will be competitively priced with expense ratios ranging from 0.18% to 0.28%. - Today, Fidelity also announced it reduced the total expense ratios of its 13 equity factor ETFs by nearly half, saving investors $6 million per year.
- “Fidelity is committed to offering investors innovative ETFs to meet their evolving needs, including active, passive, and factor strategies,” said Greg Friedman, Fidelity’s Head of ETF Management and Strategy.
- “We continue to see demand for active ETFs as investors seek the potential for outperformance with the benefits of an ETF wrapper.