TLTD - FENI: A Well-Rounded Developed Markets ETF

2024-07-12 10:14:15 ET

Summary

• Fidelity Enhanced International ETF is an actively managed ETF with a rules-based strategy in ex-US developed markets.
• The portfolio consists mainly of large and mega-cap companies, with heavy exposure to Japan and sectors like financials and industrials.
• The FENI ETF has outperformed its parent index EFA over the last 10 years, meeting its objective of beating the benchmark.
• It has also outperformed some factor-based ETFs in the same universe.

FENI Strategy

Fidelity Enhanced International ETF ( FENI ) is an actively managed ETF launched on 12/1/2007. It has 295 holdings, a 30-day SEC yield of 2.68%, a 12-month trailing yield of 4.42%, and a total expense ratio of 0.28%. Dividends are paid quarterly....

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