FIQMX: Fidelity® Latin America Fund - MutualFunds.com

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Fidelity Advisor® Latin America Z

FIQMX - Snapshot

Vitals

  • YTD Return -29.3%
  • 3 Yr Annualized Return -9.3%
  • 5 Yr Annualized Return 1.5%
  • Net Assets $308 M
  • Holdings in Top 10 55.5%

52 WEEK LOW AND HIGH

$20.83
$12.60
$29.75

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.86%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 48.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare FIQMX to Popular Latin America Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$32.17

-2.25%

$4.63 B

3.14%

$1.03

-31.82%

0.59%

$25.59

-1.39%

$809.85 M

3.25%

$0.84

-24.67%

0.48%

$20.62

-1.34%

$369.21 M

2.44%

$0.51

-17.95%

1.29%

$20.72

-0.77%

$307.95 M

3.27%

$0.68

-29.50%

1.05%

$29.83

-0.90%

$236.03 M

0.12%

$0.04

-12.68%

1.55%

FIQMX - Profile

Distributions

  • YTD Total Return -29.3%
  • 3 Yr Annualized Total Return -9.3%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® Latin America Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Oct 02, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William Pruett

Fund Description

The fund normally invests at least 80% of assets in securities of Latin American issuers and other investments that are tied economically to Latin America. It normally invests primarily in common stocks and allocates investment across different Latin American countries. The fund invests up to 35% of total assets in any industry that accounts for more than 20% of the Latin American market. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.


FIQMX - Performance

Return Ranking - Trailing

Period FIQMX Return Category Return Low Category Return High Rank in Category (%)
YTD -29.3% -32.2% -12.7% 60.00%
1 Yr -37.0% -38.1% -17.1% 72.00%
3 Yr -9.3%* -12.3% 1.7% 45.45%
5 Yr 1.5%* -0.5% 13.3% 54.55%
10 Yr -6.4%* -8.1% -1.0% 55.00%

* Annualized

Return Ranking - Calendar

Period FIQMX Return Category Return Low Category Return High Rank in Category (%)
2019 37.1% 10.2% 47.4% 25.00%
2018 N/A -14.7% -2.6% N/A
2017 N/A 9.7% 48.5% N/A
2016 N/A 16.7% 61.2% N/A
2015 N/A -51.8% -30.5% N/A

Total Return Ranking - Trailing

Period FIQMX Return Category Return Low Category Return High Rank in Category (%)
YTD -29.3% -32.2% -12.7% 60.00%
1 Yr -37.0% -40.9% -17.1% 68.00%
3 Yr -9.3%* -12.4% 1.7% 45.45%
5 Yr 1.5%* -0.8% 13.3% 54.55%
10 Yr -6.4%* -8.1% -1.0% 55.00%

* Annualized

Total Return Ranking - Calendar

Period FIQMX Return Category Return Low Category Return High Rank in Category (%)
2019 37.1% 10.2% 47.4% 25.00%
2018 N/A -14.7% -2.6% N/A
2017 N/A 9.7% 48.5% N/A
2016 N/A 18.4% 61.2% N/A
2015 N/A -51.8% -29.8% N/A

NAV & Total Return History


FIQMX - Holdings

Concentration Analysis

FIQMX Category Low Category High FIQMX % Rank
Net Assets 308 M 1.75 M 4.63 B 20.00%
Number of Holdings 31 31 163 80.00%
Net Assets in Top 10 185 M 635 K 2.5 B 12.00%
Weighting of Top 10 55.50% 31.2% 55.5% 4.00%

Top 10 Holdings

  1. Afya Ltd 9.22%
  2. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
  3. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
  4. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
  5. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
  6. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
  7. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
  8. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
  9. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
  10. Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%

Asset Allocation

Weighting Return Low Return High FIQMX % Rank
Stocks
99.80% 68.62% 99.96% 8.00%
Cash
0.19% -0.17% 17.08% 64.00%
Preferred Stocks
0.00% 0.00% 0.59% 28.00%
Other
0.00% 0.00% 0.94% 20.00%
Convertible Bonds
0.00% 0.00% 0.00% 16.00%
Bonds
0.00% 0.00% 14.31% 36.00%

Stock Sector Breakdown

Weighting Return Low Return High FIQMX % Rank
Financial Services
27.05% 4.19% 36.68% 24.00%
Healthcare
17.29% 0.00% 17.29% 4.00%
Consumer Defense
17.25% 5.06% 17.86% 8.00%
Industrials
10.23% 1.43% 18.00% 12.00%
Energy
8.66% 1.55% 10.69% 20.00%
Technology
8.22% 0.00% 11.07% 24.00%
Consumer Cyclical
8.04% 5.08% 16.40% 76.00%
Basic Materials
3.26% 3.26% 25.90% 80.00%
Utilities
0.00% 0.00% 22.52% 80.00%
Real Estate
0.00% 0.00% 11.32% 76.00%
Communication Services
0.00% 0.00% 7.95% 76.00%

Stock Geographic Breakdown

Weighting Return Low Return High FIQMX % Rank
Non US
93.52% 62.34% 99.96% 52.00%
US
6.28% 0.00% 10.73% 20.00%

FIQMX - Expenses

Operational Fees

FIQMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.86% 0.21% 3.46% 68.00%
Management Fee 0.69% 0.19% 1.10% 28.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.08% 0.25% N/A

Sales Fees

FIQMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FIQMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FIQMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 12.74% 189.00% 33.33%

FIQMX - Distributions

Dividend Yield Analysis

FIQMX Category Low Category High FIQMX % Rank
Dividend Yield 0.00% 0.00% 4.44% 52.00%

Dividend Distribution Analysis

FIQMX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

FIQMX Category Low Category High FIQMX % Rank
Net Income Ratio 3.31% -0.72% 4.26% 8.00%

Capital Gain Distribution Analysis

FIQMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

FIQMX - Fund Manager Analysis

Managers

William Pruett


Start Date

Tenure

Tenure Rank

Oct 16, 2015

5.05

5.1%

Since joining Fidelity Investments in 2008, Mr. Pruett has worked as a research analyst and a portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.46 12.84 5.6 9.55