Shareholders are the ultimate owners of companies and the basic goal of the board of directors is to ensure the long term success of companies in the collective best interests of shareholders. In addition to maximising shareholder wealth, directors should also have regard to the fostering of fruitful relationships with employees, suppliers, clients and fund shareholders, the maintenance of a sound business reputation and consideration of the company’s impact on the community and the environment. We believe that high standards of corporate responsibility make good business sense and have the potential to protect and enhance investment returns. Consequently, our investment process takes environmental, social and governance issues into account when, in our view, these have a material impact on either investment risk or return.
We are a signatory of the UK Stewardship Code and we have received an independent assurance opinion on our stewardship & voting processes.
We update our voting record on a quarterly basis setting out how we cast our vote at each company meeting.
This material is for investment professionals only and should not be relied upon by private investors.
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Persons residing outside of the United Kingdom, including but not restricted to the United States of America and Canada, should refer to the offering document of the relevant fund for further specific jurisdictional information (in particular, persons resident in the United States of America should refer to the eligibility criteria and the definition of "US Person" in such documentation). Persons residing outside the United Kingdom should consult their professional advisers as to whether they require any consent or need to observe any other formalities before they can invest in the products described in this website. Fidelity assumes no responsibility for the financial or other consequences arising from the subscription or purchase of the products described in this website.
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FIL Pensions Management (Reg. No. 2015142) with registered offices at Oakhill House, 130 Tonbridge Road, Hildenborough, Tonbridge, Kent TN11 9DZ, United Kingdom.
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