About FLOWX
The Fidelity Water Sustainability Fund is an actively managed mutual fund that focuses on long-term capital growth by investing primarily in companies engaged in water sustainability. At least 80% of the fund’s assets are invested in equities of businesses that provide solutions for improving water quality and supply, encompassing sectors such as water resources, treatment, distribution, infrastructure, technology, and analytics. The fund holds companies involved in vital areas like water purification, desalinization, irrigation, environmental services, and conservation, making it a thematic strategy with a strong environmental, social, and governance (ESG) orientation.
This fund is classified as non-diversified and leverages Fidelity’s global research capabilities to identify undervalued firms advancing water technologies and infrastructure. Notable holdings often include leading names in industrials and utilities, reflecting the fund’s emphasis on companies that support safe, reliable, and accessible water supplies worldwide. Since its inception in 2020, the Fidelity Water Sustainability Fund has played a distinctive role in enabling investors to align their portfolios with the global challenge of water sustainability, impacting both natural resources and essential services sectors.
Fund Family Fidelity
Category Natural Resources
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FLOWX
Index MSCI AC World TR USD
FLOWX had a total return of 27.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.76%.
