FSEM – Fidelity ESG USD EM Bond ETF Inc – ETF Investment Strategy | Morningstar

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Strategy

The investment objective of the Sub-Fund is to achieve income and capital growth. The Sub-Fund aims to achieve its investment objective on an active basis by investing in a portfolio primarily made up of debt securities issued by governments and government agencies of emerging market countries denominated in USD.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FEMP	Fidelity ESG USD EM Bond UCITS ETF Acc GBP Hedged	ETF	Open			Mar 25, 2021	£368.95M	—	Low	—	£118.36M
FSEM	Fidelity ESG USD EM Bond UCITS ETF Inc	ETF	—			Mar 25, 2021	$9.23M	—	Low	$0	$5.84M
FESE	Fidelity ESG USD EM Bond UCITS ETF Inc EUR Hedged	ETF	—	—		Sep 24, 2024	€22.35M	—	Low	—	€16.89M

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