FDWM Profile
Fidelity Women's Leadership ETF is designed to provide investors with exposure to companies that are committed to advancing womens leadership and development within their organizations. The fund invests at least 80% of its assets in equity securities of companies that meet specific criteria related to women's leadership. These criteria include having at least one woman on the senior management team, a board of directors with at least one-third women, or adopting policies aimed at attracting, retaining, and promoting women in the workplace.
The fund's investment strategy is focused on identifying and supporting companies that demonstrate a strong commitment to gender diversity at the highest levels of leadership. By investing in these companies, the ETF seeks to align with organizations that not only prioritize gender equity but also foster an environment where women can thrive and lead. This approach aims to highlight and reward companies that are making significant strides in creating inclusive and equitable leadership structures.
Managed by Fidelity Investments, the ETF benefits from the firm's extensive research capabilities and expertise in equity investing. Fidelitys investment team employs a rigorous selection process to identify companies that meet the funds criteria for womens leadership. This includes evaluating company policies, governance structures, and leadership teams to ensure alignment with the funds objectives. The firms focus on gender diversity reflects its commitment to supporting progressive corporate practices and promoting broader inclusion in leadership roles.
The Fidelity Women's Leadership ETF is classified as non-diversified, which means it does not adhere to specific diversification requirements and may have concentrated investments in selected companies. This focused approach allows the fund to concentrate on firms that excel in advancing women's leadership, potentially resulting in a more concentrated but impactful investment portfolio. The ETFs management team continuously monitors the market and company performance to ensure that the fund remains aligned with its mission of promoting gender diversity and leadership in the corporate world.
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