Financial institution ING now provides complimentary Exchange-Traded Funds (ETFs) from Fidelity House.
In a strategic move to provide more investment opportunities for its customers, ING Germany has announced an expansion of its cooperation with Fidelity Investments. This partnership will see the introduction of 17 new Exchange-Traded Funds (ETFs) to ING's online broker platform.
One of the ETFs already offered by ING is the Fidelity Global Dividend Fund (ISIN: LU1261431768), a popular income-oriented fund that has been successful in the market. The new ETFs, made available by Scalable Capital, will be added to ING's existing range and will cover both equity and bond markets.
Thomas Dwornitzak, head of savings and investments at ING Germany, views these income-oriented ETFs as a solution for their customers in times of low interest rates and rising inflation. The new offerings will include both income-oriented and sustainable options, reflecting ING's commitment to sustainable investing.
The Fidelity Global Dividend Fund, a basic investment without a sales charge, is already proving popular with ING customers. This fund, along with the new ETFs, will be available fee-free for a single investment of 1,000 euros.
Christian Machts, CEO and head of third-party distribution for Germany, Austria, and Eastern Europe at Fidelity, considers this partnership a major success. The Fidelity Funds - Global Dividend Fund A-ACC-EUR confirmation supports Fidelity's approach to providing high-quality investment products to its partners.
ING customers can look forward to trading these new ETFs immediately, as the platform is now available for trading. The new additions will offer more diversity and flexibility in investment choices, helping customers navigate the ever-changing financial landscape.
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