FLFCX: Fidelity Advisor® Latin America C

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FLFCX Fidelity Advisor® Latin America C


Profile

FLFCX - Profile

Vitals

  • YTD Return -35.2%
  • 3 Yr Annualized Return -4.1%
  • 5 Yr Annualized Return -2.2%
  • Net Assets $337 M
  • Holdings in Top 10 53.2%

52 WEEK LOW AND HIGH

$19.48
$12.91
$30.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.12%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 48.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Latin America Stock

Distributions

  • YTD Total Return -35.2%
  • 3 Yr Annualized Total Return -3.7%
  • 5 Yr Annualized Total Return -1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.06%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity® Latin America Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Sep 28, 2010
  • Shares Outstanding
    N/A
  • Share Class
    C
  • 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.


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Categories

Fund Company Quick Screens

FLFCX - Fund Company Quick Screens


Performance

FLFCX - Performance

Return Ranking - Trailing

Period FLFCX Return Category Return Low Category Return High Rank in Category (%)
YTD -35.2% -71.0% -27.0% 88.89%
1 Yr -29.1% -72.1% -22.8% 27.78%
3 Yr -4.1%* -31.8% 4.4% 31.25%
5 Yr -2.2%* -21.7% 3.6% 33.33%
10 Yr N/A* -20.5% -4.8% 69.23%

* Annualized

Return Ranking - Calendar

Period FLFCX Return Category Return Low Category Return High Rank in Category (%)
2019 37.3% 11.8% 37.3% 5.56%
2018 -12.2% -23.4% -2.6% 62.50%
2017 28.6% 26.6% 46.3% 20.00%
2016 16.7% 16.7% 66.3% 73.33%
2015 -31.1% -62.1% -30.9% 21.43%

Total Return Ranking - Trailing

Period FLFCX Return Category Return Low Category Return High Rank in Category (%)
YTD -35.2% -71.0% -27.0% 88.89%
1 Yr -29.1% -72.1% -22.8% 27.78%
3 Yr -3.7%* -31.8% 4.4% 56.25%
5 Yr -1.5%* -21.7% 3.6% 60.00%
10 Yr N/A* -20.5% -3.0% 69.23%

* Annualized

Total Return Ranking - Calendar

Period FLFCX Return Category Return Low Category Return High Rank in Category (%)
2019 37.3% 11.8% 37.3% 5.56%
2018 -11.4% -23.4% -2.6% 87.50%
2017 29.1% 26.6% 46.3% 46.67%
2016 18.4% 18.4% 66.3% 100.00%
2015 -30.6% -62.1% -29.8% 42.86%

NAV & Total Return History


Holdings

FLFCX - Holdings

Concentration Analysis

FLFCX Category Low Category High FLFCX % Rank
Net Assets 337 M 10.3 M 369 M 16.67%
Number of Holdings 30 30 62 72.22%
Net Assets in Top 10 179 M 6.08 M 179 M 5.56%
Weighting of Top 10 53.17% 49.2% 56.7% 38.89%

Top 10 Holdings

  1. Petroleo Brasileiro SA Petrobras Participating Preferred 9.53%
  2. Genomma Lab Internacional SAB de CV 7.16%
  3. Itausa Investimentos ITAU SA Participating Preferred 6.64%
  4. Afya Ltd 6.25%
  5. Qualitas Controladora SAB de CV 6.19%
  6. Rumo SA 3.87%
  7. Globant SA 3.85%
  8. Lojas Americanas SA Participating Preferred 3.26%
  9. Lojas Renner SA 3.22%
  10. Suzano SA 3.19%

Asset Allocation

Weighting Return Low Return High FLFCX % Rank
Stocks
99.75% 85.61% 99.75% 5.56%
Cash
0.25% 0.25% 11.01% 72.22%
Preferred Stocks
0.00% 0.00% 0.00% 5.56%
Other
0.00% 0.00% 2.49% 16.67%
Convertible Bonds
0.00% 0.00% 0.89% 16.67%
Bonds
0.00% 0.00% 0.04% 27.78%

Stock Sector Breakdown

Weighting Return Low Return High FLFCX % Rank
Financial Services
29.76% 22.08% 40.57% 16.67%
Healthcare
16.39% 0.00% 16.39% 5.56%
Industrials
12.09% 5.08% 12.09% 5.56%
Consumer Defense
11.08% 8.48% 12.47% 27.78%
Technology
9.88% 0.00% 9.88% 5.56%
Energy
9.56% 3.33% 14.90% 38.89%
Consumer Cyclical
8.05% 1.41% 15.24% 61.11%
Basic Materials
3.19% 3.19% 20.97% 72.22%
Utilities
0.00% 0.00% 8.66% 72.22%
Real Estate
0.00% 0.00% 5.04% 61.11%
Communication Services
0.00% 0.00% 11.84% 72.22%

Stock Geographic Breakdown

Weighting Return Low Return High FLFCX % Rank
Non US
91.93% 85.61% 94.46% 27.78%
US
7.82% 0.00% 7.94% 27.78%

Expenses

FLFCX - Expenses

Operational Fees

FLFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.12% 0.86% 2.69% 22.22%
Management Fee 0.69% 0.69% 1.04% 5.56%
12b-1 Fee 1.00% 0.00% 1.00% 66.67%
Administrative Fee N/A 0.05% 0.25% N/A

Sales Fees

FLFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 1.00% 33.33%

Trading Fees

FLFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 75.00%

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.

FLFCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 20.20% 189.00% 16.67%

Distributions

FLFCX - Distributions

Dividend Yield Analysis

FLFCX Category Low Category High FLFCX % Rank
Dividend Yield 0.00% 0.00% 0.00% 5.56%

Dividend Distribution Analysis

FLFCX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annually Annually

Net Income Ratio Analysis

FLFCX Category Low Category High FLFCX % Rank
Net Income Ratio 2.06% -0.72% 3.31% 44.44%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FLFCX - Fund Manager Analysis

Managers

William Pruett


Start Date

Tenure

Tenure Rank

Oct 16, 2015

4.63

4.6%

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
0.04 7.41 4.33 7.41