Description

The Fidelity Water Sustainability Fund consistently allocates a minimum of 80% of its total holdings to companies actively contributing to water sustainability. Its investment strategy primarily focuses on equity-based instruments, such as common stocks. The types of businesses considered for investment are diverse, including but not limited to those involved in managing water resources, purification processes, utility and distribution networks, desalinization or advanced water cleansing facilities, cutting-edge water technologies and data analytics, environmental water services, and essential water infrastructure components (like pumps, valves, meters, and piping). This also extends to firms specializing in irrigation, water conservation initiatives, and various water supply or processing operations. It is important to note that this fund operates as a non-diversified investment vehicle.