Fidelity International lists a new Smart Beta ETF on Deutsche Boerse

ETF provides access to high-dividend quality companies from industrialised countries ….

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Name: Fidelity Global Quality Income UCITS ETF – EUR Hedged

Asset class: equity index ETF

ISIN: IE00BYV1YH46

Ongoing charges p.a.: 0.45 percent

Distribution policy: accumulating

Reference index: Fidelity Global Quality Income Index

The new smart beta ETF enables investors to participate in the performance of large and medium-sized stock corporations from industrialised countries, characterised by high-dividend yields and high quality. The quality of a company is measured using various fundamental data, such as stable profits and cash flows. The ETF minimises the exchange rate risk between the US dollar and the euro.

Source: ETFWorld