New strategy ETF from Fidelity on Xetra: access to companies from industrialised countries with high-quality fundamental data

A new exchange-traded fund issued by Fidelity has been tradable on Xetra and Börse Frankfurt since Wednesday.

The Fidelity Global Quality Income UCITS ETF pursues a passive investment strategy and tracks the performance of the Fidelity Europe Quality Income Index. The index is composed of stocks of large- and mid-caps from developed countries that pay dividends and have high-quality fundamentals. 

Stock selection is based on fundamental research and quantitative techniques to identify financially solid companies. Fundamental indicators such as the free cash flow margin, the return on invested capital and the stability of the free cash flow are used. 

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,257 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.