New Fidelity Active Bond ETFs a Timely Diversification Reminder

The recent volatility in the stock market was a good reminder as to the importance of holding bonds in a portfolio, said Nancy Prior, President of Fixed Income at Fidelity. Prior added that the fixed income portion of an investor's portfolio can be in individual bonds, mutual funds, or exchange traded funds, which offer transparency, intra-day pricing and tax efficiency. Fidelity recently launched a trio of active fixed income ETFS: Fidelity Total Bond ETF (FBND), Fidelity Limited Term Bond ETF (FLTB) and the Fidelity Corporate Bond ETF (FCOR). Prior said all 3 new ETFs play to Fidelity's strength in fixed income research.