Overview
Description
Fidelity U.S. Quality Income Fund - Accumulation is a mutual fund that primarily seeks to provide investors with a source of income and potential for capital growth through a diversified portfolio. The fund is designed to invest in high-quality, income-generating U.S. securities, focusing on companies with strong balance sheets and reliable cash flows. With an accumulation structure, earnings from the fund are reinvested rather than distributed, allowing for compound growth over time.
The fund's focus on quality income investing means it typically targets sectors known for stability and dividend payments, such as utilities, consumer staples, and healthcare. This makes it an appealing choice for investors seeking exposure to the U.S. market with a conservative risk profile.
As part of Fidelity's extensive range of mutual funds, this particular fund stands out for its emphasis on quality and income, playing a pivotal role in long-term investment strategies aimed at wealth preservation and income generation. The fund's disciplined approach aligns with investors looking for a steady accumulation of wealth, benefiting from Fidelity's robust research capabilities and asset management expertise.
About
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Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON