Analyst Sees Tough Road Ahead For Fidelity Sector ETFs
July 26, 2013 at 15:44 PM EDT
Mutual fund giant Fidelity is getting closer to expanding its ETF lineup, currently comprised of just one fund, but at least one analyst is questioning the firm's strategy. In a filing with the the Securities and Exchange Commission , Fidelity revealed plans for 10 sector ETFs based on indexes from MSCI