] plans to unveil a global dividend mutual fund in April, reports
Jason Kephart of Investment News
The Fidelity Global Income Fund
, which will be PMed by Ramona Persaud
, will emphasize yield by
betting on dividend-paying equities both in developed and emerging markets.
"As the population continues to age, we expect there may be increased demand for income-oriented solutions. Therefore, we believe the Fidelity Global Equity Income Fund may interest equity income oriented investors and intermediaries seeking to pursue their equity income objectives through global investments in companies located in US and non-US markets," said Nicole Goodnow, a Fidelity spokeswoman.
Stay ahead of the news ... Sign up for our email alerts now