New Fund Alert: Fidelity Global Equity Income Fund

Fidelity announced today the creation of a new fund: Fidelity Global Equity Income Fund (and Advisor Global Equity Income Fund). The new fund will meet the growing demand by investors for equity income strategies that invest in the global marketplace. Managed by 9-year Fidelity veteran Ramona Persaud, I am rating this new fund a Buy.

Look for my interview with Ramona in your May issue of Fidelity Investor.

Click here to download the PDF of the press release. Click here to read about the new fund in the Boston Herald.