When Fidelity rolled out its first semi-transparent active equity ETFs in June 2020, it was far from certain these new types of ETFs would resonate with investors. With $350M in assets between FBCV, FBCG and FMIL just seven months in, Fidelity's Greg Friedman has termed the initial interest in Fidelity's semi-transparent active equity ETFs "better than anticipated". Greg re-joins Let's Talk ETFs to discuss the famed asset manager's next steps in the semi-transparent active ETF space, including four ETFs going live this week.Show Notes3:00 - Half a year later: Checking in on Fidelity's first three semi-transparent active equity ETFs4:45 - Who has invested in these funds so far?6:45 - Has there been any cannibalization of Fidelity mutual funds by this new type of active equity ETF?9:00 - Fund basics: Trading liquidity and spreads?11:45 - Breaking down the performance so far13:00 - How does the licensing relationship work with outside firms such as Invesco and Goldman Sachs?16:45 - An overview of new semi-transparent active equity strategies Fidelity is bringing to market this weekLearn more about your ad choices. Visit megaphone.fm/adchoices
