Fidelity® Latin America

Snapshot

Compare

Profile

Performance

FLATX - Snapshot

Vitals

YTD Return -36.0%
3 Yr Annualized Return -9.0%
5 Yr Annualized Return 3.6%
Net Assets $330 M
Holdings in Top 10 55.1%

52 WEEK LOW AND HIGH

$18.98

$12.65

$29.87

Expenses

OPERATING RELATED FEES

Expense Ratio 1.05%

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

Primary Theme
Volatility
Fund Type Open End Mutual Fund
Investment Style Latin America Stock

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Emerging Markets Stock Index Fund

Fund

$28.22

-0.42%

$85.83 B

1.85%

$0.52

0.28%

0.29%

Vanguard Emerging Markets Stock Index Fund

VWO | ETF |

$44.74

+0.40%

$85.83 B

3.20%

$1.44

0.29%

0.10%

iShares Core MSCI Emerging Markets ETF

IEMG | ETF |

$54.47

+0.42%

$53.47 B

2.58%

$1.40

1.12%

0.14%

American Funds New World Fund®

Fund

$76.43

+0.33%

$45.42 B

3.38%

$2.58

8.33%

1.02%

Invesco Developing Markets Fund

Fund

$46.82

+0.30%

$40.30 B

2.10%

$0.98

1.06%

1.24%

FLATX - Profile

Distributions

YTD Total Return -36.0%
3 Yr Annualized Total Return -9.0%
5 Yr Annualized Total Return 3.6%
Capital Gain Distribution Frequency Annually
Net Income Ratio 3.13%

DIVIDENDS

Dividend Yield 0.0%
Dividend Distribution Frequency None

Fund Details

Legal Name

Fidelity® Latin America Fund
Fund Family Name

Fidelity Investments
Inception Date

Apr 19, 1993
Shares Outstanding

N/A
Share Class

No Load
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.

FLATX - Performance

Return Ranking - Trailing

Period	FLATX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	-36.0%	-87.8%	680.6%	94.58%
1 Yr	-28.9%	-88.9%	120.4%	90.27%
3 Yr	-9.0%*	-61.8%	45.2%	86.21%
5 Yr	3.6%*	-81.8%	110.3%	74.33%
10 Yr	-5.6%*	-25.7%	13.6%	95.23%

* Annualized

Return Ranking - Calendar

Period	FLATX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	37.1%	-87.2%	106.3%	2.19%
2018	-12.5%	-99.8%	1180.0%	12.94%
2017	28.5%	-63.0%	1557.2%	45.60%
2016	16.7%	-69.1%	459.2%	18.75%
2015	-31.4%	-65.1%	287.4%	90.16%

Total Return Ranking - Trailing

Period	FLATX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	-36.0%	-87.8%	413.4%	94.31%
1 Yr	-28.9%	-88.9%	120.4%	89.83%
3 Yr	-9.0%*	-61.8%	45.2%	86.02%
5 Yr	3.6%*	-81.8%	110.3%	73.67%
10 Yr	-5.6%*	-25.7%	13.6%	95.02%

* Annualized

Total Return Ranking - Calendar

Period	FLATX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	37.1%	-92.8%	106.3%	2.13%
2018	-10.4%	-91.8%	68.6%	9.57%
2017	30.5%	-94.2%	1557.2%	43.85%
2016	19.6%	-93.9%	249.6%	15.93%
2015	-29.8%	-100.0%	43.3%	89.44%

NAV & Total Return History

FLATX - Holdings

Concentration Analysis

	FLATX	Category Low	Category High	FLATX % Rank
Net Assets	330 M	161 K	85.8 B	40.95%
Number of Holdings	31	1	5626	90.63%
Net Assets in Top 10	199 M	-167 M	23.5 B	31.79%
Weighting of Top 10	55.06%	2.8%	100.0%	18.66%

Top 10 Holdings

Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%
Petroleo Brasileiro SA Petrobras Participating Preferred 9.19%

Asset Allocation

	Weighting	Return Low	Return High	FLATX % Rank
Stocks	100.17%	-49.79%	150.22%	2.13%
Preferred Stocks	0.00%	0.00%	15.40%	91.21%
Other	0.00%	-10.00%	121.77%	90.10%
Convertible Bonds	0.00%	-0.01%	18.77%	90.63%
Bonds	0.00%	-29.71%	99.38%	90.16%
Cash	-0.17%	-114.84%	149.79%	96.65%

Stock Sector Breakdown

	Weighting	Return Low	Return High	FLATX % Rank
Financial Services	26.76%	0.00%	100.00%	11.42%
Healthcare	17.10%	0.00%	100.00%	5.79%
Consumer Defense	15.68%	0.00%	100.00%	9.42%
Industrials	10.34%	0.00%	97.97%	25.12%
Energy	9.14%	0.00%	100.00%	19.76%
Technology	8.82%	0.00%	91.85%	61.94%
Consumer Cyclical	8.51%	0.00%	96.35%	61.94%
Basic Materials	3.64%	0.00%	100.00%	53.71%
Utilities	0.00%	0.00%	92.13%	95.51%
Real Estate	0.00%	0.00%	99.58%	95.94%
Communication Services	0.00%	0.00%	92.35%	97.13%

Stock Geographic Breakdown

	Weighting	Return Low	Return High	FLATX % Rank
Non US	94.01%	0.00%	125.51%	54.95%
US	6.16%	-49.79%	150.22%	32.43%

FLATX - Expenses

Operational Fees

	FLATX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	1.05%	0.04%	45.48%	64.27%
Management Fee	0.69%	0.00%	3.00%	31.30%
12b-1 Fee	N/A	0.00%	1.00%	N/A
Administrative Fee	N/A	0.00%	1.25%	N/A

Sales Fees

	FLATX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Front Load	N/A	0.30%	5.75%	N/A
Deferred Load	N/A	1.00%	5.00%	N/A

Trading Fees

	FLATX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Max Redemption Fee	N/A	0.30%	2.00%	91.67%

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.

	FLATX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Turnover	48.00%	0.00%	439.00%	60.03%

FLATX - Distributions

Dividend Yield Analysis

	FLATX	Category Low	Category High	FLATX % Rank
Dividend Yield	0.00%	0.00%	34.79%	92.99%

Dividend Distribution Analysis

	FLATX	Category Low	Category High	Category Mod
Dividend Distribution Frequency	None	Annually	Quarterly	Annually

Net Income Ratio Analysis

	FLATX	Category Low	Category High	FLATX % Rank
Net Income Ratio	3.13%	-49.00%	10.42%	12.08%

Capital Gain Distribution Analysis

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

Dividend Payout History

Date	Amount
Dec 31, 2018	$0.020
Dec 10, 2018	$0.483
Dec 29, 2017	$0.080
Dec 11, 2017	$0.291
Dec 30, 2016	$0.080
Dec 12, 2016	$0.393
Dec 29, 2015	$0.028
Dec 07, 2015	$0.345
Dec 08, 2014	$0.403
Dec 27, 2013	$0.050
Dec 09, 2013	$0.656
Dec 10, 2012	$0.969
Dec 29, 2011	$0.015
Dec 05, 2011	$0.800
Dec 31, 2010	$0.030
Sep 30, 2010	$0.794
Dec 31, 2009	$0.089
Dec 07, 2009	$0.595
Dec 31, 2008	$0.109
Dec 08, 2008	$0.347
Jan 02, 2007	$0.030
Dec 30, 2005	$0.109
Dec 30, 2004	$0.010
Dec 13, 2004	$0.287
Dec 15, 2003	$0.227
Dec 16, 2002	$0.168
Dec 17, 2001	$0.247
Jan 02, 2001	$0.020
Dec 18, 2000	$0.049
Dec 06, 1999	$0.138
Dec 31, 1998	$0.020
Dec 07, 1998	$0.227
Dec 08, 1997	$0.198
Dec 09, 1996	$0.227
Dec 29, 1995	$0.010
Dec 11, 1995	$0.109
Dec 13, 1993	$0.109

View More +

FLATX - Fund Manager Analysis

Managers

William Pruett

Start Date

Tenure

Tenure Rank

Oct 16, 2015

4.96

5.0%

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
0.02	33.61	5.89	1.76

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Fidelity® Latin America

FLATX - Snapshot

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

Fund Classification

FLATX - Profile

Distributions

Fund Details

Fund Description

FLATX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

FLATX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Stock Sector Breakdown

Stock Geographic Breakdown

FLATX - Expenses

Operational Fees

Sales Fees

Trading Fees

Related Fees

FLATX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Dividend Payout History

FLATX - Fund Manager Analysis

Managers

William Pruett

Tenure Analysis

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