Fidelity Launches Global High Income Fund

On May 18th Fidelity announced the launch of a new fixed income fund, Fidelity Global High Income Fund, to be managed by veteran manager John Carlson. The new fund, Fidelity’s first in the global high‐yield category, will enable investors seeking diverse sources of income to gain exposure to a rapidly growing area of the global fixed‐income markets. Fidelity Global High Income Fund allocates assets across four distinct markets: U.S. high yield, European high yield, Asian high yield and emerging markets debt.