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Active Advantages + Value s Vigor: Fidelity s FBCV ETF

March 12, 2021 With value stocks roaring higher, investors may want to consider an active approach to the beloved investment factor with some new actively managed ETFs, including the FBCV is one of the initial trios of active non-transparent ETFs (ANTs) Fidelity launched in 2020, bringing the cache of one of the largest mutual and index fund issuers to this nifty new fund structure. Value stocks usually trade at lower prices relative to fundamental measures of value, like earnings and the book value of assets. On the other hand, growth-oriented stocks tend to run at higher valuations since investors expect rapid growth in those company measures. Many investors are growing wary of high valuations in growth stocks.

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