FSEM
•
Fixed Income
FIDELITY SUSTAINABLE USD EM BOND UCITS ETF INC-USD
TER (bps):
45
AUM (USD m):
16
ISIN:
IE00BM9GRP64
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
Emerging Markets
As of:
29 Aug 2024
Climate Fund:
No
Benchmark
The actively-managed Fidelity Sustainable USD EM Bond UCITS ETF is managed relative to the JP Morgan ESG EMBI Global Diversified Index and offers clients a low tracking error exposure relative to this investment universe. The index constituents are screened according to internal and external sustainable & fundamental ratings with the additional weight allocated to countries most favoured by Fidelity’s EM debt team. A minimum 70% of both fund’s net assets will be invested in securities that maintain sustainable characteristics. Issuers involved in the following activities are not considered for inclusion within the portfolio: Controversial weapons, Semi-automatic weapons, Conventional weapons, Tobacco, Thermal Coal and Violators of UNGC Principles.
PERFORMANCE
