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Fidelity Throws Heft Into Hidden-Asset ETF Arena With New Funds

  • Three new ETFs will track equities and be actively managed
  • The ETFs will ‘complement’ Fidelity’s mutual funds: Friedman
Traffic and pedestrians pass a Fidelity Investments office in Boston, Massachusetts

Traffic and pedestrians pass a Fidelity Investments office in Boston, Massachusetts

Photographer: JB REED
Updated on

Fidelity Investments is launching three exchange-traded funds that will partially conceal their holdings.

The Fidelity Blue Chip Growth ETF, Fidelity Blue Chip Value ETF and Fidelity New Millennium ETF will begin trading Thursday. The three equity-focused funds will be actively managed and reveal their holdings once a quarter -- unlike traditional ETFs, which do so daily.