Developing equity extension strategies through systematic fundamental alpha capture
An equity extension approach built on Fidelity’s heritage and history of fundamental research and portfolio management.
Highlights
- Equity extension strategies target benchmark-plus returns by pairing long and short equity exposure without increasing overall market risk.
- Fidelity Fusion Alpha Equity Extension seeks to generate excess returns using fundamental alpha capture in a long-short portfolio with beta-one exposure.
- The Fidelity equity extension strategy uses a unique internal alpha capture program to harness Fidelity’s best fundamental ideas to pursue a differentiated source of alpha.
- Fidelity’s offering seeks alpha that is driven by fundamental research, highly differentiated, scalable, and focused on idiosyncratic returns, rather than broad-market factors or style factors.
