Fidelity Enters Alternative Investments with New Managed Futures ETF

Fidelity Investments has launched the Fidelity Managed Futures ETF (FFUT), a liquid alternative strategy designed to capitalize on market trends through systematic long/short investing and provide portfolio diversification. The fund aims to generate strong risk-adjusted returns, especially when equity markets decline, by employing a strategy that identifies and capitalizes on sustained price trends across various markets, including equities, fixed income, currencies, and commodities. FFUT is available commission-free for individual investors and financial advisors through Fidelity's online brokerage platforms.

Fidelity Investments has introduced the Fidelity Managed Futures ETF (FFUT), a liquid alternative strategy designed to capitalize on market trends through systematic long/short investing and provide portfolio diversification. The fund aims to generate strong risk-adjusted returns, especially during periods of equity market drawdowns, by employing a strategy that identifies and capitalizes on sustained price trends across various markets, including equities, fixed income, currencies, and commodities.

The ETF is managed by Roberto Croce, who emphasized that the strategy is designed to offer clients an investment option that can help diversify their portfolios with the ease of an ETF wrapper. Neil Constable, head of Quantitative Research and Investments at Fidelity, highlighted the company's robust quantitative research and sophisticated investment capabilities, which are integral to the fund's strategy.

FFUT seeks capital appreciation across market regimes and is competitively priced with an estimated gross expense ratio of 0.83% and an estimated net expense ratio of 0.80%. The fund is listed on NASDAQ/NMS Global Market and is available commission-free for individual investors and financial advisors through Fidelity's online brokerage platforms.

The launch of FFUT is part of Fidelity's growing ETF platform, which now consists of 79 ETFs and ETPs with $111 billion in assets under management. This expansion includes 31 actively managed equity ETFs, 15 fixed income ETFs, and various other thematic and sector ETFs.

Fidelity's commitment to financial education is evident in the resources it offers to help investors understand and make informed decisions about exchange-traded investments. The company provides a variety of resources, including screeners and educational materials, to assist investors in reviewing exchange-traded investing ideas and determining which types of offerings may fit their investing needs.

Fidelity's alternative investments lineup includes more than 60 funds, totaling over $41 billion in assets under management. The company's asset management divisions manage a range of alternative investment vehicles, including private equity, private credit, real assets, liquid alternatives, and digital assets. Fidelity is also a leading provider of custodial services, offering access to more than 6,000 alternative products and overseeing more than $95 billion in assets under administration on its alternative investments platform for institutional and intermediary clients.

Fidelity Investments' mission is to strengthen the financial well-being of its customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $15.0 trillion, including $5.9 trillion in discretionary assets as of March 31, 2025, Fidelity focuses on meeting the unique needs of a broad and growing customer base.

References:
[1] https://newsroom.fidelity.com/pressreleases/fidelity-launches-managed-futures-etf/s/a1a05318-2dfa-4e1a-9273-7a275ce79188