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Fidelity Adds Sustainable And Muni Mutual Fund

FYI: Fidelity Adds Sustainable And Muni Mutual Funds
Fidelity Investments announced the launch of two sustainable index funds and a defined maturity fixed-income product.

The sustainable funds, the Fidelity U.S. Sustainability Index Fund (FENSX) and the Fidelity International Sustainability Index Fund (FNIYX) will track market-cap-weighted ESG indexes created by MSCI.

The indexes use an inclusive methodology that screens companies for high ESG ratings based on MSCI’s research. MSCI also screens out companies involved in alcohol, gambling, tobacco, weapons and nuclear power.
Regards,
Ted
http://www.fa-mag.com/news/fidelity-adds-sustainable-and-muni-mutual-funds-33435.html?print

M* Snapshot FENSX:
http://www.morningstar.com/funds/xnas/fensx/quote.html

M* Snapshot FNIYX:
http://www.morningstar.com/funds/xnas/fniyx/quote.html
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