In the Margins

Fidelity readies 'factor' ETFs

September 9, 2016

By The Wall Street Journal

Fidelity Investments is launching six exchange-traded funds, each focusing on a specific “factor” that drives risk or return. The new factor—or strategic-beta—ETFs are the latest entrants in a growing category of so-called smarter ETFs. They seek to improve on a benchmark—to achieve better performance or manage risk, for example—by tilting toward one or more factors, such as value, momentum or low volatility. The Fidelity Core Dividend ETF, Dividend ETF for Rising Rates, Low Volatility Factor ETF, Momentum Factor ETF, Quality Factor ETF, and Value Factor ETF will begin trading Sept. 15. Read the original story from The Wall Street Journal.

 

 

Most Read

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...

10 Things
10 Ways…to improve fund board diversity

Mutual fund directors are increasingly interested in enhancing diversity on their boards. The following practical tips on improving board diversity are derived from discussions with directors, ...