FidelityNow: Fidelity U.S. Dividend Fund added to Edward Jones’ recommended fund list

Fidelity’s Ramona Persaud, Portfolio Manager, thanks Edward Jones for including Fidelity U.S. Dividend Fund to its recommended list.

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Hello, I'm Ramona Persaud, the portfolio manager of Fidelity U.S.

 

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Dividend Fund, which is gold rated by Morningstar in the U.S.

 

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My career spans 30 years in financial services with

 

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22 of those years at Fidelity, 14 of those managing U.S.

 

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And global dividend funds and the last eight years managing this fund.

 

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Educationally, I studied engineering at the Polytechnic Institute of New York

 

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University and then later earned an MBA at the Wharton School.

 

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Let me provide some details of the fund.

 

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We believe this fund is a core investment strategy, as our long-term

 

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goal is to produce excess returns with a sensitivity to volatility,

 

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or in other words, good compounding risk-adjusted returns.

 

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We care very much about aligning the end investor experience with

 

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the fund's experience, understanding that the churn created by excess

 

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volatility is what can disconnect investor returns from fund returns.

 

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As such, I focus on higher quality companies when they are attractively

 

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valued and producing dividends, the combination of which improves

 

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the odds of excess returns, dampened volatility,

 

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and downside protection.

 

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My investment process is a mosaic driven by Fidelity's vast research

 

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disciplines. First in our deep fundamental global research and then

 

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supported by other disciplines such as quantitative, statistical,

 

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fixed income, high yield, emerging market debt, and sovereign research

 

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among others. We are glad for Fidelity U.S.

 

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Dividend Fund to be added to Edward Jones's recommended list and we thank you

 

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for your confidence in this strategy.

 

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If you're interested in learning more about the fund, please reach out to your

 

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Fidelity sales team. Thank you.