Uncertainty over the Washington-Tehran deal, a pullback in AI stocks and a hawkish Fed outlook are reinforcing the case for quality ETFs as a defensive play.
Designed to provide broad exposure to the Style Box - Large Cap Blend category of the market, the Fidelity Quality Factor ETF (FQAL) is a smart beta exchange traded fund launched on 09/12/2016.
Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the Fidelity Quality Factor ETF (FQAL), a passively managed exchange traded fund launched on September 12, 2016.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 109,218 | $8.24M | $8.94M | $702,832.2 | 8.53% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 596 | $43,269.6 | $48,788.56 | $5,518.96 | 12.75% |
| YA Yinka Akinsola Blue Trust Inc. | 201 | $15,193.59 | $16,453.86 | $1,260.27 | 8.29% |
Jeff Ameen Spire Wealth Management | 660 | $35,685.77 | $54,027.6 | $18,341.83 | 51.4% |
| SL Shad Lamm Keystone Wealth Services LLC | 51,742 | $3.82M | $4.24M | $414,504.17 | 10.85% |
| ARCA Exchange | US Country |
The fund is designed for investors seeking to invest in U.S. companies exhibiting a higher quality profile compared to the broader market. By focusing on large and mid-capitalization companies, the fund targets a specific segment of the market known for stability and potential growth. The fund’s strategy of investing at least 80% of its assets in securities included in the Fidelity U.S. Quality Factor Index? allows it to mirror the performance of these select stocks. Additionally, the practice of lending securities aims to generate income, enhancing the overall yield for its investors. This approach positions the fund as an attractive option for individuals looking to diversify their investment portfolio with quality U.S. stocks.
By allocating at least 80% of its assets in securities that are part of the Fidelity U.S. Quality Factor Index?, the fund targets investments in large and mid-cap U.S. companies known for their higher quality compared to the broader market. This ensures that investors are given the opportunity to invest in stocks with strong fundamentals, potentially leading to stable and profitable returns.
The practice of lending securities is implemented to earn additional income for the fund, which can enhance the overall yield for its investors. This strategy involves lending out securities to other institutions or traders, generating income from the lending fees collected, while maintaining the potential for capital appreciation of the lent securities.