Fidelity Launches Two Factor ETFs

Fidelity Investments press release --------- Fidelity Investments®, one of the industry's leading providers of exchange traded funds (ETFs) with more than $380 billion in ETF assets under administration,2 today announced an expansion of its ETF lineup with the introduction of two factor ETFs: Fidelity Low Duration Bond Factor ETF (FLDR) and Fidelity High Yield Factor ETF (FDHY). The new ETFs are competitively priced with total expense ratios of just 0.15% for FLDR and 0.45% for FDHY. Both ETFs began trading today, the Fidelity Low Duration Bond Factor ETF on the CBOE BZX Exchange, Inc. and Fidelity High Yield Factor ETF on the New York Stock Exchange. They are available to individual investors and financial advisors commission-free through Fidelity's online brokerage platforms. These new fixed income and high income factor ETFs apply Fidelity's quantitative analysis and proprietary risk management to seek sources of income to help drive better portfolio outcomes. Fidelity currently manages more than $1.13 trillion in fixed income and high income assets backed by more than 261 investment professionals worldwide. To learn more click on the picture below to read the release.