Fidelity Funds - American Growth Fund A-DIST-USD
ISIN LU0077335932 / Valor 663767
Fidelity Funds - American Growth Fund A-DIST-USD
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General Objective
The fund aims to achieve capital growth over the long term by investing in equities of companies that are headquartered or do most of their business in the US, with a focus on ESG characteristics.
Fund Exposure
The fund invests at least 70% (and normally 75%) of its assets in US equities, with at least 50% of its assets in securities of companies with favourable ESG characteristics. The Investment Manager considers growth and valuation metrics, company financials, return on capital, cash flows, and other factors, as well as ESG characteristics when assessing investment risks and opportunities.
Risks
Risks associated with this fund may include market risk, currency risk, ESG-related risks, and risks associated with the use of derivatives for hedging, efficient portfolio management, and investment purposes. The fund adheres to the Fidelity Sustainable Investing Framework standards to mitigate risks and ensure investee companies follow good governance practices.
Source
https://www.fidelity.lu/funds/factsheet/LU1955085425
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