Our actively managed Select Environmental and Alternative Energy portfolio invests primarily in companies engaged in business activities related to alternative and renewable energy, energy efficiency, pollution control, water infrastructure, waste and recycling technologies, or other environmental support services. The portfolio normally invests at least 80% of assets in securities of companies principally engaged in these activities.
Fidelity's Women's Leadership actively managed mutual fund follows a global equity strategy of investing in both growth and value stocks, targeting companies that fulfill at least one of three criteria:
1. A woman on the senior management team;
2. At least one-third female board members; or
3. Demonstrated commitment through gender diversity initiatives and policies to attract, retain, and promote women.
As an actively managed fund, Fidelity Women’s Leadership Fund is uniquely capable of delving deeper, beyond focusing purely on gender demographics, to evaluate companies that are incorporating these progressive gender diversity policies. Spanning all sectors, this fund provides investors with an opportunity to support women and incentivize companies to implement their own gender diversity initiatives and advance more women into leadership positions.