Overview
Description
The Fidelity International Momentum Fund is a type of investment vehicle specifically designed as a mutual fund. Its primary function is to offer investors exposure to international equities demonstrating strong recent performance trends—essentially focusing on stocks that exhibit upward momentum. This fund strategically targets various sectors across different geographical markets outside the United States, providing diversification benefits to investors' portfolios. By deploying a momentum investment strategy, the fund seeks to capitalize on the persistence of enjoyed returns from stocks on an upswing while systematically reviewing positions to manage risk and volatility. This approach allows the fund to dynamically adjust its holdings in response to shifting global market trends and economic indicators. The role of the Fidelity International Momentum Fund in the financial market is to give investors access to high-growth potential investments beyond domestic markets, which can help in gathering higher returns during positive momentum periods while spreading risk across a broad array of international opportunities.
About
CEO
Employees
0
Address
—
Phone
416 307 5200
Website
—
Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
NEOE