Overview
Description
Fidelity U.S. Value Currency Neutral Fund is a mutual fund that primarily focuses on investing in equity securities of U.S. companies that are considered to be undervalued based on fundamental analysis. The primary objective of this fund is to provide capital appreciation by selecting stocks that have advantageous growth prospects and are trading at a discount to their intrinsic value. A unique aspect of this fund is its currency neutral strategy, which aims to reduce the risk of currency fluctuations for investors who may be exposed to U.S. dollar movements. This is particularly significant for international or non-U.S. investors seeking exposure to U.S. equities without the added volatility from currency exchange rates. The fund’s management team evaluates and selects stock investments through a disciplined, bottom-up approach, focusing on financial health, market position, and management quality of underlying companies. By applying this value-oriented strategy along with currency risk mitigation, the Fidelity U.S. Value Currency Neutral Fund serves as a strategic asset for investors pursuing value opportunities in the U.S. market with a preference for currency stability.
About
Address
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Phone
416 307 5200
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE