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Fidelity International Lists Its First European ETFs On The Irish Stock Exchange

Date 03/04/2017

Fidelity International has launched its first European exchange traded funds (ETFs) with the Main Securities Market (MSM) of the Irish Stock Exchange (ISE) chosen as the primary listing venue.

The two income-focused smart beta ETFs - Fidelity Global Quality Income UCITS ETF and Fidelity US Quality Income UCITS ETF  - track Fidelity-branded indices and provide exposure to high quality companies that aim to pay attractive dividends that deliver a yield in excess of the broader market* whilst, at the same time, carefully managing risk. 

Fidelity logo from www.ise.ieNick King, Head of ETFs at Fidelity International, commented: “Fidelity International is focused on providing world-class investment solutions. Demand for Smart Beta strategies has been growing in recent years and is expected to continue to accelerate as investors look for competitively priced, differentiated products which provide a particular investment outcome."

The leading exchange for listing European ETFs

Gerry Sugrue, Vice President at the ISE said: “We are delighted to welcome Fidelity to the growing number of ETF providers choosing the ISE as primary listing venue for their European ETFs. Ireland is now home to over 56% of European ETF assets. This leading position results from offering unrivalled expertise in the range of services necessary for a successful market offering including listing, administration, custody,  legal and tax as well as a robust regulatory framework.”

About Fidelity International

Fidelity International invests £223.7bn globally on behalf of clients in 25 countries across Asia-Pacific, Europe, the Middle East, and South America. Their clients include central banks, sovereign wealth funds, large corporates, financial institutions, insurers, wealth managers and private individuals. In addition to asset management, they offer investment administration and guidance for employer benefit schemes, advisers and individuals and are responsible for £66.6bn in assets under administration.

* Fidelity Global Quality Income UCITS ETF - MSCI World. Fidelity US Quality Income UCITS ETF - S&P 500.