Should You Invest in the Fidelity MSCI Financials Index ETF (FNCL)?

Fidelity launched the Fidelity MSCI Financials Index ETF (FNCL) on Oct. 21, 2013. The passively managed ETF seeks broad exposure to the Financials—Broad equity segment via an MSCI Financials index approach. No performance, flows, or policy changes are mentioned, so the immediate market impact is likely minimal.

Analysis

Fidelity launched the Fidelity MSCI Financials Index ETF (FNCL) on Oct. 21, 2013. The passively managed ETF seeks broad exposure to the Financials—Broad equity segment via an MSCI Financials index approach. No performance, flows, or policy changes are mentioned, so the immediate market impact is likely minimal.