• Fidelity International Discovery Fund

Fidelity Investments

  • International
  • Multi-Cap
  • Growth

Fidelity International Discovery Fund

FIDKX

Summary

The fund seeks capital appreciation in the long term by investing in companies outside the United States.

The sub-adviser’s investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team focuses on non-U.S. securities.

The team prefers high-quality companies exhibiting above-average growth prospects that are trading at reasonable prices.

Also, the team emphasizes companies that have steady and high returns on capital, sustainable competitive positions, consistent profitability, superior free-cash-flow generation, balance sheet strength and management More

Price

Last Close

$41.04 ( -0.97 )

52 Week HL

$61.12 - $39.93

Net Assets

$11170 M

Expense Ratio

0.91 %

Sector Allocation

Jun 30, 2021

Top 10 Holdings

Jun 30, 2021

Company Name

  • ROCHE HLDGS
  • ASML HOLDING
  • NESTLE SA
  • LVMH MOET
  • HDFC BANK

Holding

Company Name

  • AIA Group
  • DEUTSCHE POST
  • SIEMENS AG
  • HOUSING DEV
  • ALLIANZ SE
  • Total

Holding

  • 0%

Manager

Name

William Kennedy

Leadership

Single Manager

Tenure

2003

Advisor

FMR Investment Management (UK) Limited (FMR UK),

Documents

Prospectus

Annual Reports

Website

Link

Performance

YTD

-22 %

3 Year

0.02%

5 Year

5.26%

Best

30.37%
2009

Worst

-22.05%
2022

Returns +
Quarterly

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Q1 -10.4% 3.3% -20.6% 11.8% -1.3% 8.6% -3.9% 6% -1.3% 5.3% -
Q2 -11.8% 4.5% 22% 3.6% -0.5% 8.7% -2.3% 2.3% 3.1% 0.3% -
Q3 - 6.4% 7.8% -1.8% 1.5% 7.3% 6.5% -7.6% -5.9% 9.3% -
Q4 - -8.1% 11.3% 7.7% -15% 4.1% -5.5% 4.8% -1.3% 7.7% -

Returns +
Monthly

J F M A M J J A S O N D
2022 -9.6% -1% - -7% -6.3% - - - - - - -
2021 -0.9% 2.9% 1.2% 3.2% 3.8% -2.4% 0.8% 4.2% 1.3% -2.7% -2.6% -8.8%

+
Annual

    2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
    0%29%16%29%-6%19%8%-1%14%29%0%

Alpha

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
FIDKX -22%-1%17%25%-17%--6%5%-6%25%22%
S&P 500 -29%16%29%-6%19%8%-1%14%29%-
Alpha -22%-29%1%-4%-11%--14%5%-19%-4%22%

FIDKX S&P 500

Chart +