Fidelity expands climate fixed income range with Paris-aware global government bond ETF

Share post:

Fidelity International has launched a new exchange-traded fund (ETF) that tracks the Solactive Paris Aware Global Government USD index. The Fidelity Global Government Bond Climate Aware UCITS ETF (FGGB) is designed to offer a highly diversified global government bond exposure aligned to climate objectives. The index aims to reduce carbon intensity by 14% compared to the investible universe and achieve a year-on-year decarbonisation target of 7% per annum. The fund is also labelled Article 8 under the Sustainable Finance Disclosure Regulation (SFDR) and invests a minimum of 50% in countries with favourable ESG characteristics.

ETF Newz Says:

This brings the number of Paris-aligned bond ETFs in Fidelity’s range to three.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...