FREL is the tenth real estate fund from Fidelity. The firm also issues nine index and actively managed REIT mutual funds.
Prior to the debut of FREL, the most recent ETF launches from Fidelity came last October when the firm introduced three actively managed bond funds – the Fidelity Total Bond ETF (NYSEArca: FBND), Fidelity Limited Term Bond ETF (NYSEArca: FLTB) and Fidelity Corporate Bond ETF (NYSEArca: FCOR).
FREL will become part of Fidelity’s lineup of commission-free ETFs, which totals almost 90 funds, available to advisors and retail clients. At the end of last year, the firm had $195 billion in ETF assets under administration according to the statement. [Fidelity’s Commission-Free ETFs]
FREL Top 10 Holdings
Table Courtesy: Fidelity