NEO is proud to join Fidelity Investments Canada ULC (“Fidelity”) on the NEO Exchange for the launch of the Fidelity Total Metaverse Index ETF, an equity strategy currently sold under the FMTV symbol.
Designed to give access to companies that are expected to drive the growth of the virtual universe, FMTV uses Fidelity’s proven approach to index design, including an extensive global network and in-depth research capabilities. .
FMTV aims to copy the performance of the Fidelity Canada Total Metaverse Index. This ETF primarily invests in equity securities with issuers around the world who develop, manufacture, distribute and sell products and/or services related to the construction of the metaverse, including digital payment processing and related sectors. cryptocurrencies, with a view to supporting the digital economy in the metaverse.
“We are excited to launch our Fidelity Total Metaverse Index ETF, which provides investors with exposure to various aspects of the metaverse, digital payments and cryptocurrency sectors.“, said Kelly Creelman, senior vice president, products and marketing, Fidelity. “Investors and advisors are looking for a variety of investment solutions to help them achieve their investment objectives. Fidelity has expanded its ETF line with solutions across multiple asset classes.
The Fidelity Total Metaverse Index ETF joins five other ETFs listed on NEO, including four all-in-one ETFs and the Fidelity Sustainable World Equity ETF. Investors can trade all Fidelity ETFs listed on NEO through their regular investment channels, including broker discount platforms and full-service brokers.
“The emergence of the metaverse has opened up a virtual world of possibilities, and Fidelity is at the forefront of providing access to unprecedented investment opportunities,” he said. said Jos Schmitt, President and CEO of NEO. “As Canada’s leading exchange for the innovation economy, NEO is the ideal partner for FMTV, and we are honored to provide investors with the platform that delivers this pioneering product.”
The NEO Exchange hosts more than 230 unique listings, including ETFs from Canada’s largest issuers, and some of the newest Canadian and international companies. NEO processes approximately 20% of all ETFs in Canada and between 10% and 15% of the total volume sold on Canadian platforms. Click here for a complete view of the titles targeted by NEO.
About NEO Exchange
The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy. It unites investors and players seeking to raise internal capital in a fair, fluid, efficient and service -focused environment. Fully operational since June 2015, NEO is at the forefront of investors and provides trading access to all publicly traded securities in Canada, on a level playing field. NEO lists investment companies and products seeking an internationally recognized stock exchange that provides investor confidence, liquidity quality and extensive knowledge, including unrestricted access to market data.
NEO recently launched the Canadian ETF Market, an intuitive platform that provides investors and advisors with one-stop access to ETF research and analysis, powered by specialist Trackinsight. Institutional-level, real-time data allows users to compare, highlight and explore the entire universe of 1,200 Canadian ETFs for free.
About Fidelity Investments Canada ULC
At Fidelity, our mission is to help Canadian investors build a better future and stay ahead of the curve. We offer investors and institutions a variety of innovative and reliable investment portfolios so they can achieve their financial and personal goals. As a private company, we deploy our resources and our people for the benefit of investors and their long -term success. We managed $ 189 billion in assets for our clients (as of May 10, 2022), including individuals, financial advisors, pension plans, endowments and foundations.
Fidelity is proud to offer investors a full range of mutual funds and exchange-traded funds in Canadian, foreign and global equities, income solutions, ETFs and asset allocation strategies, managed portfolios, sustainable investment products, alternative mutual funds and a program for the high net. value to clients. Fidelity Funds are offered through various advisory-oriented distribution channels such as financial planners, investment dealers, banks and insurance companies.
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