Three exchange-traded funds (ETFs) share classes tied to existing strategies will debut on Nasdaq, marking a shift in Fidelity’s product structure and expanding investor choice.
Fidelity Investments said that it will introduce its first ETF share classes - Fidelity Intermediate Municipal Income ETF (FIMU), Fidelity Real Estate Income ETF (FREI), and Fidelity Short-Term Bond ETF (FSTB) - to existing mutual fund strategies. They are expected to be listed on Nasdaq and made available to investors on 18 June An ETF share class is a structure where a single investment fund offers both mutual fund shares and ETF shares as different ‘wrappers’ around the