Fidelity International launches 8 new sustainable investment funds

Fidelity International has announced it has expanded its fund range to include eight funds classified as Article 9 under the Sustainable Finance Disclosure Regulation.

The investment company said the group of active and exchange-traded fund strategies are open to retail, wholesale and institutional clients and aim to address growing client demand for strategies that invest in issuers who contribute to and benefit from the transition to a more sustainable economy.

Fidelity added that the funds aim to achieve capital growth over the long term by investing in “sustainable investments” through investments in their respective country remits.

“These funds are supported by the further enhancement of Fidelity’s sustainable investing framework, including a proprietary dataset which assesses an issuer’s positive contribution to the targets and indicators of the UN Sustainable Development Goals (“SDG”),” said Jenn-Hui Tan, chief sustainability officer at Fidelity International.

He continued: “From this foundation, we have been able to develop a series of fund solutions for clients wishing to align their investments with the transition to a sustainable economy.”

The new funds form part of Fidelity’s wider Sustainable Family range of funds, which it said totals 59 strategies representing around $37 billion.

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