The Benefits of ETFs for Investors

We offer an abundance of choice, but we also need to help simplify that choice for clients. An individual investor can buy our S&P 500 Fund Commission-free here in the United States on a platform like Fidelity's. And some of the world's most sophisticated active managers will use our bond ETFs as part of their alpha generation process in bond investment management. So we have multiple different client segments all across the world. The thing that unifies them is they love the transparency,. They love the efficiency, they love the convenience ofETFs.