FLFTX: Fidelity® Latin America Fund - MutualFunds.com
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Fidelity Advisor® Latin America M

FLFTX - Snapshot

Vitals

  • YTD Return -4.1%
  • 3 Yr Annualized Return -0.5%
  • 5 Yr Annualized Return 8.7%
  • Net Assets $413 M
  • Holdings in Top 10 53.5%

52 WEEK LOW AND HIGH

$22.97
$12.74
$29.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.62%

SALES FEES

  • Front Load 3.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 54.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

Compare FLFTX to Popular Latin America Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

iShares MSCI Brazil ETF

EWZ | ETF

$35.04

-2.61%

$6.55 B

1.76%

$0.63

-5.48%

-

iShares Latin America 40 ETF

ILF | ETF

$28.48

-1.96%

$1.56 B

1.90%

$0.55

-2.96%

-

T. Rowe Price Latin America Fund

Fund

$21.97

-2.05%

$491.34 M

0.94%

$0.21

-4.40%

-

Fidelity® Latin America Fund

Fund

$22.37

-2.23%

$412.64 M

0.06%

$0.01

-4.11%

-

DWS Latin America Equity Fund

Fund

$33.80

-2.23%

$311.51 M

-

$0.00

-1.97%

-

FLFTX - Profile

Distributions

  • YTD Total Return -4.1%
  • 3 Yr Annualized Total Return -1.7%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.09%
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
    M
  • 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.

FLFTX - Performance

Return Ranking - Trailing

Period FLFTX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.1% -7.3% -1.8% 64.00%
1 Yr -21.0% -21.4% 1.0% 96.00%
3 Yr -0.5%* -2.8% 10.2% 73.91%
5 Yr 8.7%* 7.5% 22.8% 77.27%
10 Yr -4.5%* -5.6% 1.5% 85.00%

* Annualized

Return Ranking - Calendar

Period FLFTX Return Category Return Low Category Return High Rank in Category (%)
2020 -21.0% -22.4% 1.0% 76.00%
2019 37.1% 10.2% 47.4% 20.83%
2018 -12.4% -14.7% -2.6% 76.19%
2017 28.6% 9.7% 48.5% 21.05%
2016 16.7% 16.7% 61.2% 84.21%

Total Return Ranking - Trailing

Period FLFTX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.1% -7.3% -1.8% 64.00%
1 Yr -23.7% -25.4% 1.0% 96.00%
3 Yr -1.7%* -3.7% 10.2% 82.61%
5 Yr 7.9%* 7.2% 22.8% 86.36%
10 Yr -4.9%* -5.6% 1.5% 90.00%

* Annualized

Total Return Ranking - Calendar

Period FLFTX Return Category Return Low Category Return High Rank in Category (%)
2020 -21.0% -22.4% 1.0% 76.00%
2019 37.1% 10.2% 47.4% 20.83%
2018 -10.9% -14.7% -2.6% 76.19%
2017 29.8% 9.7% 48.5% 31.58%
2016 19.0% 18.4% 61.2% 94.74%

NAV & Total Return History

FLFTX - Holdings

Concentration Analysis

FLFTX Category Low Category High FLFTX % Rank
Net Assets 413 M 2.36 M 6.55 B 36.00%
Number of Holdings 33 33 166 96.00%
Net Assets in Top 10 202 M 895 K 3.68 B 36.00%
Weighting of Top 10 53.48% 28.1% 56.2% 28.00%

Top 10 Holdings

  1. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  2. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  3. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  4. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  5. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  6. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  7. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  8. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  9. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%
  10. Petroleo Brasileiro SA Petrobras Participating Preferred 10.13%

Asset Allocation

Weighting Return Low Return High FLFTX % Rank
Stocks 		100.28% 68.62% 100.28% 20.00%
Preferred Stocks 		0.00% 0.00% 0.65% 88.00%
Other 		0.00% 0.00% 0.78% 88.00%
Convertible Bonds 		0.00% 0.00% 0.00% 88.00%
Bonds 		0.00% 0.00% 14.31% 88.00%
Cash 		-0.28% -0.28% 17.08% 96.00%

Stock Sector Breakdown

Weighting Return Low Return High FLFTX % Rank
Financial Services 		32.99% 4.32% 36.96% 28.00%
Healthcare 		15.34% 0.00% 15.34% 20.00%
Consumer Defense 		14.13% 4.74% 17.86% 24.00%
Industrials 		10.72% 1.43% 20.32% 44.00%
Energy 		10.11% 2.03% 12.48% 36.00%
Consumer Cyclical 		7.52% 4.12% 15.57% 72.00%
Technology 		5.63% 0.47% 9.44% 52.00%
Basic Materials 		3.55% 3.55% 24.18% 96.00%
Utilities 		0.00% 0.00% 22.58% 96.00%
Real Estate 		0.00% 0.00% 11.51% 92.00%
Communication Services 		0.00% 0.00% 6.47% 96.00%

Stock Geographic Breakdown

Weighting Return Low Return High FLFTX % Rank
Non US 		96.41% 62.34% 99.62% 68.00%
US 		3.87% 0.00% 9.37% 40.00%

FLFTX - Expenses

Operational Fees

FLFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.62% 0.21% 3.46% 28.00%
Management Fee 0.69% 0.19% 1.10% 44.00%
12b-1 Fee 0.50% 0.00% 1.00% 70.00%
Administrative Fee N/A 0.08% 0.25% N/A

Sales Fees

FLFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.50% 3.50% 5.75% 100.00%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FLFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 100.00%

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.

FLFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 54.00% 12.74% 165.00% 66.67%

FLFTX - Distributions

Dividend Yield Analysis

FLFTX Category Low Category High FLFTX % Rank
Dividend Yield 0.00% 0.00% 2.77% 96.00%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FLFTX Category Low Category High FLFTX % Rank
Net Income Ratio -0.09% -0.62% 4.26% 92.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FLFTX - Fund Manager Analysis

Managers

William Pruett

Start Date

Tenure

Tenure Rank

Oct 16, 2015

5.21

5.2%

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
0.63 13.01 5.86 9.71

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