Fidelity Real Estate Income ETF

FREI

Capitalización de mercado USD 2.4 M

Today's higher-for-longer interest rate regime calls for income diversification. As investors assess the various opportunity sets for attractive yields in the current environment, they may not have yet considered real estate.

Fidelity just grafted ETF share classes onto three existing mutual funds, and the tax consequences for shareholders who do nothing at all may surprise you more than the change itself.

It's been a long time coming for the asset management world, but ETF share classes are now a reality. Fidelity Investments has joined that movement by launching its first ETF share classes for some of its mutual funds.