Fidelity Funds 2 - Global Future Leaders Fund Y Euro 2
Fund
ISIN LU2645235164 / Valor null
NAV (2024-12-26)
EUR 12.80+0.23%
Fidelity Funds 2 - Global Future Leaders Fund Y Euro 2
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General Objective
The fund aims to achieve capital growth over time by investing in global small to mid-cap companies in developed markets that have the potential to become future leaders in their respective industries.
Fund Exposure
The fund primarily invests in equities of small and medium-sized companies from anywhere in the world, with a market cap range of USD 500 million to USD 40 billion. It may also allocate up to 20% in money market instruments, less than 10% in China A and B shares, and up to 10% in emerging markets (including China). The investment process focuses on growth and valuation metrics, company financials, return on capital, and ESG characteristics.
Risks
This fund carries a medium risk level, rated 4 out of 7, due to potential losses from future performance and poor market conditions. It invests in emerging markets, small and mid-capitalization companies, and uses financial derivative instruments, which can increase volatility and risk. Additionally, the fund's focus on securities with sustainable characteristics may impact investment performance.