Fidelity Emerging Markets Quality Income

ETF description

The Fidelity Emerging Markets Quality Income ETF provides investors with exposure to high‑quality, income‑generating securities from emerging markets. By tracking the Fidelity Emerging Markets Quality Interest index, this ETF focuses on bonds issued by companies in emerging market countries that exhibit strong credit quality and financial stability. The ETF aims to deliver a stable income stream while targeting bonds with robust credit ratings and solid fundamentals. It is designed for investors seeking to gain exposure to emerging market debt with an emphasis on quality and income, providing a way to participate in the growth potential of emerging markets while managing credit risk.

Issuer details

Fidelity Investments is a leading global asset management firm with over $4.5 trillion in assets under management as of June 2024. Fidelity offers many investment products, including mutual funds, ETFs, retirement services, and wealth management, covering various market segments such as equities, fixed income, sector‑based funds, target‑date funds, and ESG (Environmental, Social, Governance). Founded in 1946 by Edward C. Johnson II, Fidelity is known for its research‑driven approach. Notable ETFs include the Fidelity ZERO Total Market Index Fund and the Fidelity MSCI Information Technology Index ETF, reflecting Fidelity’s commitment to providing low‑cost and diversified investment options to meet the needs of individual and institutional investors alike.

Index details

The Fidelity Emerging Markets Quality Income index provides exposure to stocks from emerging market countries and measures the performance of companies exhibiting high relative dividend yield and specified investment quality attributes, while retaining broadly neutral sector and country positions.