Fidelity SAI International Quality Index Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.8%
1 yr return
7.5%
3 Yr Avg Return
-0.3%
5 Yr Avg Return
N/A
Net Assets
$1.58 B
Holdings in Top 10
32.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 78.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FQITX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return -0.3%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.78%
- Dividend Yield 2.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity SAI International Quality Index Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateMay 20, 2020
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLouis Bottari
Fund Description
FQITX - Performance
Return Ranking - Trailing
Period | FQITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -6.7% | 32.7% | 89.01% |
1 Yr | 7.5% | -0.7% | 36.5% | 85.60% |
3 Yr | -0.3%* | -12.5% | 6.3% | 12.40% |
5 Yr | N/A* | -2.2% | 13.2% | N/A |
10 Yr | N/A* | 1.7% | 9.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | FQITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.4% | -0.4% | 28.6% | 35.34% |
2022 | -19.6% | -49.5% | -15.2% | 13.98% |
2021 | 2.5% | -22.2% | 19.3% | 43.72% |
2020 | N/A | -3.7% | 85.0% | N/A |
2019 | N/A | -4.0% | 45.1% | N/A |
Total Return Ranking - Trailing
Period | FQITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -6.7% | 32.7% | 89.01% |
1 Yr | 7.5% | -0.7% | 36.5% | 85.60% |
3 Yr | -0.3%* | -12.5% | 6.3% | 12.40% |
5 Yr | N/A* | -2.2% | 13.2% | N/A |
10 Yr | N/A* | 1.7% | 9.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FQITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.4% | 1.8% | 28.6% | 26.44% |
2022 | -17.1% | -44.4% | -11.0% | 9.76% |
2021 | 14.0% | -20.6% | 20.5% | 9.29% |
2020 | N/A | 7.6% | 97.1% | N/A |
2019 | N/A | 0.5% | 45.3% | N/A |
NAV & Total Return History
FQITX - Holdings
Concentration Analysis
FQITX | Category Low | Category High | FQITX % Rank | |
---|---|---|---|---|
Net Assets | 1.58 B | 201 K | 133 B | 50.00% |
Number of Holdings | 144 | 4 | 1806 | 11.26% |
Net Assets in Top 10 | 432 M | 70.5 K | 36.7 B | 51.31% |
Weighting of Top 10 | 32.00% | 10.1% | 99.9% | 49.48% |
Top 10 Holdings
- NOVO-NORDISK AS CL B 4.25%
- ASML HOLDING NV 3.78%
- ROCHE HOLDINGS AG (GENUSSCHEINE) 3.72%
- SAP SE 3.42%
- NOVARTIS AG (REG) 3.35%
- UNILEVER PLC ORD 3.02%
- LVMH MOET HENNESSY LOUIS VUITTON SE 2.71%
- BHP GROUP LIMITED 2.66%
- RECRUIT HOLDINGS CO LTD 2.65%
- RELX PLC 2.45%
Asset Allocation
Weighting | Return Low | Return High | FQITX % Rank | |
---|---|---|---|---|
Stocks | 99.00% | 89.22% | 105.20% | 19.63% |
Cash | 0.95% | 0.00% | 11.43% | 73.04% |
Bonds | 0.03% | 0.00% | 0.03% | 0.52% |
Other | 0.02% | -0.31% | 3.89% | 18.32% |
Preferred Stocks | 0.00% | 0.00% | 10.21% | 74.35% |
Convertible Bonds | 0.00% | 0.00% | 2.45% | 65.88% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FQITX % Rank | |
---|---|---|---|---|
Government | 28.65% | 0.00% | 47.42% | 0.55% |
Cash & Equivalents | 0.75% | 0.00% | 100.00% | 59.69% |
Derivative | 0.02% | -0.31% | 1.09% | 3.66% |
Securitized | 0.00% | 0.00% | 0.00% | 64.75% |
Corporate | 0.00% | 0.00% | 56.89% | 68.85% |
Municipal | 0.00% | 0.00% | 0.00% | 64.75% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FQITX % Rank | |
---|---|---|---|---|
US | 0.03% | 0.00% | 0.03% | 0.52% |
Non US | 0.00% | 0.00% | 0.00% | 65.45% |
FQITX - Expenses
Operational Fees
FQITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.20% | 0.01% | 13.07% | 98.68% |
Management Fee | 0.15% | 0.00% | 1.50% | 3.14% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.80% | N/A |
Sales Fees
FQITX 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% | 5.00% | N/A |
Trading Fees
FQITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
FQITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 78.00% | 7.00% | 149.00% | 91.34% |
FQITX - Distributions
Dividend Yield Analysis
FQITX | Category Low | Category High | FQITX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.53% | 0.00% | 12.70% | 13.91% |
Dividend Distribution Analysis
FQITX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
FQITX | Category Low | Category High | FQITX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.78% | -1.69% | 3.16% | 2.91% |
Capital Gain Distribution Analysis
FQITX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2023 | $0.313 | OrdinaryDividend |
Dec 09, 2022 | $0.334 | OrdinaryDividend |
Dec 10, 2021 | $1.470 | OrdinaryDividend |
Dec 11, 2020 | $0.115 | OrdinaryDividend |
FQITX - Fund Manager Analysis
Managers
Louis Bottari
Start Date
Tenure
Tenure Rank
May 12, 2020
2.05
2.1%
Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior portfolio manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.
Payal Gupta
Start Date
Tenure
Tenure Rank
May 12, 2020
2.05
2.1%
Payal Gupta joined Geode in 2019, Ms. Gupta has worked as a portfolio manager. Prior to joining Geode, Ms. Gupta worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Before joining SSGA in 2005, she worked as an analyst at Concentra Integrated Services and at Morgan Stanley. Ms. Gupta holds an MBA with specialization in Investments and Information Systems from Northeastern University and a Bachelor of Science in Information Technology from Bay Path University.
Peter Matthew
Start Date
Tenure
Tenure Rank
May 12, 2020
2.05
2.1%
Peter Matthew is a Portfolio Manager. He has been with Geode Capital Management, LLC since 2007. Prior to joining Geode in 2007, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005. Peter Matthews, PhD, is Managing Partner and Portfolio Manager. He was the trading system creator for all MINT systems and a Founding Partner of Mint Investment Management Company (MINT) in 1984 based on systems he originally created in 1981. MINT was the first CTA to exceed $1bn in AUM (in 1991). Peter was MINT’s Portfolio Manager throughout its existence from 1984-2000. MINT achieved 30% gross compound annual returns with no losing years from 1981-1993. MINT formed a 50/50 partnership with the Man Group and was the catalyst for Man’s $42.4bn (as of December 2009) business today. Peter received the Donchian Award in 1994 for his lifetime contributions to the Managed Funds Industry and was Founder/Chairman Emeritus for the Foundation for Managed Derivatives Research. MINT created the first guaranteed fund with Ord Westpac, Australia and was profiled in the book, Market Wizards. Dr. Matthews received his MA and PhD in Statistics from The American University in Washington, D.C. He was awarded the Massey Foundation Fellowship throughout his PhD program. He received his BA in Mathematics and Economics from Carleton University, Canada where he was an Ontario Scholar.
Robert Regan
Start Date
Tenure
Tenure Rank
May 12, 2020
2.05
2.1%
Robert Regan is a Portfolio Manager. He has been with Geode since 2016. Prior to joining Geode, Mr. Regan was a Senior Implementation Portfolio Manager at State Street Global Advisors from 2008 to 2016. Previously, Mr. Regan was employed by PanAgora Asset Management from 1997 to 2008, most recently as a Portfolio Manager. Mr. Regan began his career at Investors Bank and Trust.
Navid Sohrabi
Start Date
Tenure
Tenure Rank
May 31, 2020
2.0
2.0%
Navid Sohrabi is portfolio manager of Geode Capital Management, LLC. Since joining Geode in 2019, Mr. Sohrabi has worked as a portfolio manager. Prior to joining Geode, Mr. Sohrabi worked at DWS, most recently as an index portfolio manager. Mr. Sohrabi was Vice President with Deutsche Asset Management and has served as a Portfolio Manager and quantitative multi-asset strategist in the Passive Asset Management business since 2015. Prior to joining Deutsche Bank, Mr. Sohrabi served as a derivatives trader for several institutional asset managers and commodity trading advisors where he developed and managed systematic risk and trading strategies in equities, options, fx and futures. Mr. Sohrabi earned a BA in neurobiology from the University of California, Berkley, and a Masters of Financial Engineering from the Anderson School of Management at the University of California, Los Angeles and is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 26.94 | 7.77 | 20.01 |