The new municipal debt offerings build on a growing trend of ETF use among advisors while tapping into investors’ growing need for safety amid volatility.
Fidelity Investments has launched two new municipal bond ETFs, expanding its lineup of fixed income products as investor appetite for tax-advantaged and cost-efficient vehicles continues to grow.
The two funds – Fidelity Municipal Bond Opportunities ETF and Fidelity Systematic Municipal Bond Index ETF – are now trading on Nasdaq and available commission-free on the firm’s online brokerage platforms.
The products launched on Monday, which were converted from existing mutual funds, will maintain their respective investment strategies.
investmentnews.com
By Leo Almazora
APR 07, 2025