Performance data shown represents past performance, which is no guarantee of future results. Before investing, you should read the prospectus, offering circular, indenture, or similar document carefully for a full description of the product, including its features and risks, to determine whether it is an appropriate investment for your investment objectives, risk tolerance, financial situation and other individual factors, and be sure to re-evaluate those factors on a periodic basis. You should conduct research and perform a thorough investigation as to the characteristics of any securities you intend to purchase. ![]() Fidelity is not recommending or endorsing this security by making it available to customers. Further, the ESG analysis serves as a summary of behavioral events that contributed to the company's overall risk level.Īs with all your investments through Fidelity, you must make your own determination whether an investment is appropriate for you. Individual company scores are then assigned as a percentile rank, ranging from 1 (worst ranked) to 100 (best) on the basis of these KeyMetrics® and then converted to the Red, Yellow or Green flag designation.Ĭompany Reports: In addition to a company's overall risk rating, ESG reports also include an industry rating based on a comparison between the company's risk levels in each ESG component area relative to its industry peers. Further, unlike other models with evenly weighted metrics, we assign context-sensitive relative weightings to our key metrics, based on market, regional, ownership or sector differences. ![]() Specifically, these ratings reflect actual corporate behaviors rather than policies or affirmations of intent to adhere to best ESG practices. Unlike traditional ESG risk models, MSCI's rating methodology is designed to identify risks most likely to affect equity valuations. The ESG Ratings model is based on a carefully crafted and applied list of KeyMetrics® that result in an overall ESG concern level as expressed by Red (High Concern), Yellow (Average Concern), and Green (Low Concern) flags. ![]() These ratings provide an independent assessment of the sustainable investment value of public companies. † S&P's & Moody's Credit Ratings – For preferred securities, credit ratings shown are provided by a third party vendor and usually reflect the credit rating of the security not the security's issuer.Įnvironmental, Social, and Governance (ESG) Flags: MSCI Ratings publishes Environmental, Social and Governance (ESG) ratings on over 6,000 companies worldwide. Further information is available in the prospectus. ![]() If the issuer extends the maturity date, repayment of principal on the securities can be significantly delayed. It may be very different from the security's current percentage rate payable.ģ Maturity date for many preferred securities with a stated maturity date may, in certain circumstances, be extended by the issuer. Terms & Conditionsġ Coupon Pay Frequency reflects the scheduled frequency of payments stated in the security's prospectus however the actual frequency may be different because of suspended or deferred payments of interest or dividends.Ģ Original Coupon Rate reflects the annual percentage rate payable when a security was first issued although it is usually not available or applicable for floating, adjustable, or variable rate securities.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |