Fidelity Launches Two Active Bond ETFs, FIGB & FSEC

On Thursday, Fidelity Investments announced the launch of two new active bond ETFs, the Fidelity Investment Grade Bond ETF (FIGB) and the Fidelity Investment Grade Securitized ETF (FSEC). The new actively-managed bond ETFs are competitively priced with total expense ratios of 0.36%. With this launch, Fidelity now manages 39 ETFs with more than $25 billion in assets.