|Fidelity Global Innovators Fund Update
PM Mark Schmehl was a keynote speaker at The Fidelity Vision 2022 Conference recently and provided what we thought was an excellent and candid conversation. Our team at Fidelity took thorough notes from the session that we are happy to share with you. Mark talked about his performance in 2021, thoughts looking forward in 2022, growth versus value, inflation, crypto, banks, IPOs and more.
Mark freely admits that his "strategy agnostic" approach, an approach that could be said to favour momentum with a "rate of change focus", will struggle in an investment environment that has drastically shifted towards a "valuation reset" over the last four weeks. Regardless, Mark remains focused on investing in good businesses, searching for "themes of change" over valuation.
For more details from Mark's update, please click here: