FCAJX

About FCAJX

Fidelity Advisor Climate Action Fund Class A is a mutual fund with a primary focus on long-term capital growth by investing predominantly in companies advancing climate awareness. This fund allocates at least 80% of its assets to equity securities of businesses that are actively addressing climate change or are positioned to benefit from climate-related initiatives, such as renewable energy, sustainable infrastructure, and energy efficiency solutions. Its investment approach targets organizations across various sectors that demonstrate a tangible commitment to mitigating environmental impact and transitioning toward a low-carbon economy. Launched in June 2021, this fund plays a significant role in providing investors with exposure to the evolving market of climate action and sustainability, reflecting the growing importance of environmental, social, and governance (ESG) considerations in modern portfolio management. Managed by Fidelity Investments, the fund operates with a moderate turnover rate and adheres to an investment process designed to identify leaders and innovators in climate-conscious industries, making it a specialized instrument for those seeking targeted participation in the climate action segment of the market.