Fidelity Funds - Sustainable Water & Waste Fund
The fund aims to achieve long-term capital growth from a portfolio primarily made up of equity securities of companies throughout the world. As this fund may invest globally, it may be exposed to countries considered to be emerging markets. The fund adopts a Sustainable Thematic strategy which actively seeks to select companies involved in the design, manufacture, or sale of products and services used for or in connection with water and waste management sectors, and under which a minimum of 70% of the fund’s net assets will be invested in securities which are deemed to maintain sustainable characteristics. Sustainable characteristics may include but are not limited to effective governance and superior management of environmental and social issues (‘ESG’), and an issuer is deemed to maintain this, if it has an ESG rating which is above the minimum ESG rating threshold determined by the Investment Manager from time to time.
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