MutualFundWire.com: Fido Will Venture Into Mortgage Debt Via an ETF
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Thursday, May 30, 2013

Fido Will Venture Into Mortgage Debt Via an ETF


Fidelity has filed for registration the Fidelity Mortgage Securities ETF, which will normally invest at least 80 percent of its assets in investment-grade mortgage-related securities. It will also invest in U.S. Government debt. The fund is designed to have similar interest rate risk as the Barclays U.S. MBS Index. [SEC Filing]


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