Fidelity U.S. Low Volatility Equity Fund (FULVX)
Fidelity U.S. Low Volatility Equity Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $11.03, down 0.18% on the session, giving a market capitalisation of $34.8M. Its beta of 0.63 implies it has historically moved less than the broad market.
The fund normally invests at least 80% of assets in U.S. equity securities. The adviser employs a strategy that combines fundamental stock selection and quantitative risk management techniques focused on reducing absolute portfolio risk in an effort to produce returns in excess of the Russell 3000® Index over a full market cycle (generally five to eight years) but with lower absolute volatility. The fund invests in either "growth" stocks or "value" stocks or both.
Fidelity U.S. Low Volatility Equity Fund is most often compared with the following Financial Services names: