Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF GBP Hedged is a bonds ETF from Fidelity tracking the Sustainable Global Corporate Bond Paris-Aligned Multifactor index through physical replication. Domiciled in Ireland and launched in 2021, the fund manages about 553 M € and charges a TER of 0.30% — 30 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF GBP Hedged competes with 1 other products on the same index (Sustainable Global Corporate Bond Paris-Aligned Multifactor): it ranks 1st by fund size and 2nd by ongoing cost, with a TER of 0.30% against a group median of 0.28%. It has been listed since 2021, 5 years of track record.
On a €10,000 investment the TER costs 30 € a year. The cheapest of the group is Fidelity Sustainable Global Corporate Bond Paris-Aligned Multifactor UCITS ETF USD Inc USD at 0.25%, or 25 € on the same amount: a difference of 5 € every year, roughly 50 € over ten years before compounding.
Replication is physical: the fund holds the underlying securities directly.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in GBP and is a currency-hedged share class: the hedge aims to neutralise the effect of the underlying currencies against the reference currency, at an implicit cost that varies with interest-rate differentials.
The fund is domiciled in Ireland, which determines the tax treatment of income received by the fund and the supervisory authority.
| London Stock Exchange | FSMP | GBP |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.