Fidelity Launches Global and US Equity Income ETFs With Call Overlays

Fidelity International launched the Fidelity Global Equity Enhanced Yield UCITS ETF and Fidelity US Equity Enhanced Yield UCITS ETF, expanding into equity-income strategies that combine active stock selection with systematic options overlays. The portfolios draw on Fidelity’s fundamental research platform, while a rules-based strategy sells index call options to generate additional income and potentially cushion some market declines. The ETFs are designed to retain meaningful equity-market participation while offering an alternative source of income. ESG factors are incorporated into the investment process, and each fund will launch with $5 million of seed capital from Susquehanna.