TORONTO–(BUSINESS WIRE)–NEO is proud to welcome Fidelity Investments Canada ULC (“Fidelity”) to the NEO family with the launch of the Fidelity Sustainable World ETF (NEO:FCSW), which began trading today on NEO. The new fund, which leverages a quantitative multi-factor model and seeks to identify and invest in global companies that are believed to have favourable environmental, social and governance (ESG), is the first NEO-listed ETF from Fidelity and Fidelity’s first ETF to exclusively employ ESG strategies.
“As sustainable investing continues to gain momentum, we are excited to offer our clients the opportunity to align their investments with their values. The Fidelity Sustainable World ETF is a global multi-factor equity strategy that uses a best-in-class approach to invest in companies with favourable ESG characteristics,” said Andrew Clee, Vice President, ETFs at Fidelity Investments Canada ULC. “We are excited to begin our partnership with NEO as we launch our first ESG ETF. NEO supports and delivers innovation within Canada’s capital markets while offering outstanding client service – we look forward to growing our relationship with them in the years to come.”
Fidelity is the fourteenth and newest fund provider to list products on NEO.
We are proud to welcome Fidelity to the NEO family and embrace a forward-thinking listing partner that values the importance of ESG investing,” said Erik Sloane, Head of Sales, NEO. “As the first Canadian exchange to partner with the Sustainable Stock Exchanges Initiative, we understand NEO plays an important role in fostering greater awareness of ESG factors across the whole investment spectrum, and how relevant they are in the global capital markets. Welcoming yet another industry leader to our exchange is a testament to the benefits of and continued need for competition in Canadian capital markets.”
The NEO Exchange is now home to over 70 corporate and ETF listings, and consistently facilitates over 10 per cent of all Canadian trading volume. Click here for a complete view of all NEO-listed securities. Free real-time quotes for the Fidelity Sustainable World ETF are available here.
About NEO Exchange
Neo Exchange Inc. is Canada’s next generation stock exchange, putting the needs of investors, businesses looking to raise capital and dealers first. Fully operational since June 2015, the NEO Exchange currently offers an innovative and investor-driven trading platform for all Canadian publicly-traded securities. It also has a value-added listing approach for capital raising companies and investment products, focused on liquidity, transparency and efficiency. For more information, please visit: NEOstockexchange.com
Media:Adam BornsteinE: [email protected]P: 905.505.2540