Fidelity Investments said it will launch six exchange-traded funds based on factor strategies, an investment style also called smart beta. The Core Dividend ETF, the Dividend ETF for Rising Rates, the Low Volatility Factor ETF, the Momentum Factor ETF, the Quality Factor ETF and the Value Factor ETF are set to trade on the New York Stock Exchange.
InvestmentNews (08 Sep.), Bloomberg (08 Sep.)