Fidelity launches Global Communications fund to take advantage of sector shake-up

Reclassification last September

Laura Dew
Fidelity has launched a Global Communications fund

Fidelity has launched a Global Communications fund

Fidelity International has launched a Global Communications SICAV fund to take advantage of the "unprecedented growth" in the sector.

The launch of the fund follows the MSCI and S&P's re-classification of a number of companies that moved from the Telecoms sector into the new Communications Services sector last year. Housing 26 companies...

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