Fidelity International launches future leaders global equities fund

Small and mid-cap equities

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...