After a fund initially launches, it's a good idea to evaluate it and see if the objective makes sense and assess its chances of success. At about the six month mark, it's a good idea to revisit the idea after it's had a chance to develop a little history and see how well it's working.
The Fidelity Dividend ETF For Rising Rates (NYSEARCA:FDRR) just hit its six month anniversary so it's time to put it under the microscope. The timing is perfect also because the FOMC just raised the target Fed Funds rate for the second time during the fund's brief history giving it an economic environment that, hopefully, will be conducive to its outperformance.
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