Fidelity Global Equity Income Fd (FGILX)
Fidelity Global Equity Income Fd operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $27.99, up 0.14% on the session, giving a market capitalisation of $479.6M. Its beta of 0.74 implies it has historically moved less than the broad market.
This fund strategically allocates capital to a diverse range of financial instruments globally. A minimum of 80% of its assets are dedicated to equity securities, with a principal emphasis on those that generate income. However, it also has the flexibility to invest in various other types of stocks and debt instruments, including higher-risk, lower-quality bonds. The portfolio manager actively diversifies holdings across different nations and territories. Investment decisions are guided by comprehensive fundamental analysis, which assesses factors such as an issuer's financial strength, competitive standing within its industry, and the prevailing market and economic conditions.
Fidelity Global Equity Income Fd is most often compared with the following Financial Services names: