Fidelity Women's Leadership Fund
FWOMX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- May 8, 2019
- CIK
- 0000225322
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Women's Leadership Fund (FWOMX) is an actively managed open-end mutual fund that seeks long-term growth of capital by investing at least 80% of its assets in equity securities of U.S. and foreign companies that prioritize and advance women's leadership and development, including those with women in senior management, boards where women comprise at least one-third of directors, or policies to attract, retain, and promote women; the fund maintains a blend investment style with emphasis on large-cap stocks across sectors such as technology (approximately 27%), financial services (15%), consumer cyclical (14%), healthcare (13%), and industrials (11%), with top holdings including NVIDIA Corp., Amazon.com Inc., Microsoft Corp., Apple Inc., and JPMorgan Chase & Co. Launched on May 1, 2019, as part of Fidelity Summer Street Trust, the fund is domiciled in the United States with headquarters at 82 Devonshire Street, Boston, Massachusetts, and manages approximately $146 million in net assets available primarily to U.S. investors through brokerage platforms. It employs fundamental and quantitative analysis, incorporating insights from Fidelity's ESG team, to construct a diversified portfolio benchmarked against the Russell 3000 Index or S&P 500, with a net expense ratio of 0.68%-0.69% and an annualized turnover rate of 33%. In late 2024, the fund underwent a significant portfolio management transition: on December 16, Preeti Sayana joined as co-manager alongside Nicole Connolly, who retired on December 31 after 25 years at Fidelity, leaving Sayana as sole portfolio manager; Sayana, a veteran Fidelity equity research analyst with prior roles in international small-cap investing, has since maintained the core gender diversity strategy while enhancing focus on high-conviction sectors like information technology, energy, and healthcare. No major partnerships, acquisitions, funding rounds, or product launches have been reported in the last 1-2 years, reflecting stable operations within Fidelity Investments' broader equity offerings that cater to institutional and retail investors seeking thematic exposure to gender leadership themes. The fund complements related products including Fidelity Advisor Women's Leadership Funds (various share classes), Fidelity Women's Leadership ETF (FDWM), and a Canadian-domiciled version, all emphasizing similar women's advancement criteria across U.S. and global equities.