Fidelity Global Quality Income ETF Inc. (FGQD)

Overview

Fidelity Global Quality Income ETF Inc. (FGQD) is an exchange-traded fund (ETF) that seeks to track the performance of the Fidelity Global Quality Income Index (the Index). The Index is designed to provide exposure to a diversified portfolio of high-quality, dividend-paying stocks from around the world.

Investment Objective

The investment objective of FGQD is to provide investment results that correspond generally to the price and yield performance of the Index. The Index is composed of companies that meet certain criteria related to financial strength, dividend yield, and growth potential. The fund invests in a variety of sectors, including financials, technology, and consumer staples.

Fund Management

FGQD is managed by Fidelity Management & Research Company LLC. Fidelity is one of the largest asset managers in the world, with over $4 trillion in assets under management. The fund is passively managed, meaning that it tracks the Index without making any active investment decisions.

Conclusion

FGQD is a well-diversified ETF that provides exposure to a portfolio of high-quality, dividend-paying stocks from around the world. The fund is managed by Fidelity, one of the most experienced asset managers in the industry. Investors who are looking for a passive investment option that provides exposure to global income stocks may want to consider FGQD.