Fidelity International has launched a global equities fund that will invest in developed market small and mid-cap firms considered to be 'future leaders'.
The Fidelity Global Future Leaders fund aims to invest in firms that are typically in the early stages of growth, propelled by a structural shift, technology-led disruption or changing consumer behaviour. With a portfolio of between 40 to 70 firms, 40% of the fund will be allocated to 'quality' companies, 30% to 'value' companies, 20% to 'transition' companies and 10% to 'momentum' companies, while a minimum of 50% of the fund's assets will be invested in securities deemed to maintain sustainable characteristics. Hargreaves Lansdown adds BNY Mellon US Equity Income to Wealth Shortli...
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