FSOSX: Fidelity® Series Overseas Fund

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FSOSX Fidelity® Series Overseas Fund


Profile

FSOSX - Profile

Vitals

  • YTD Return 5.8%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $12.5 B
  • Holdings in Top 10 20.4%

52 WEEK LOW AND HIGH

$11.40
$7.44
$11.53

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.01%

SALES FEES

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

BROKERAGE FEES

  • Turnover 12.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 5.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.69%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® Series Overseas Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 21, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Vincent Montemaggiore

Fund Description

The fund normally invests at least 80% of assets in non-U.S. securities. It normally invests primarily in common stocks. The fund allocates investments across different countries and regions. 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.


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Fund Company Quick Screens

Performance

FSOSX - Performance

Return Ranking - Trailing

Period FSOSX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -44.2% 55.4% 55.37%
1 Yr 14.1% -42.5% 75850.0% 52.99%
3 Yr N/A* -14.3% 30.5% N/A
5 Yr N/A* -9.3% 22.1% N/A
10 Yr N/A* 0.0% 12.3% N/A

* Annualized

Return Ranking - Calendar

Period FSOSX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -4.0% 45.1% N/A
2018 N/A -32.2% 68.4% N/A
2017 N/A 0.0% 50.9% N/A
2016 N/A -12.2% 5.7% N/A
2015 N/A -16.3% 9.5% N/A

Total Return Ranking - Trailing

Period FSOSX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.8% -44.2% 55.4% 55.37%
1 Yr 14.1% -42.5% 75850.0% 53.22%
3 Yr N/A* -13.4% 30.5% N/A
5 Yr N/A* -8.5% 22.1% N/A
10 Yr N/A* 1.3% 14.1% N/A

* Annualized

Total Return Ranking - Calendar

Period FSOSX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -4.0% 45.1% N/A
2018 N/A -32.2% 68.4% N/A
2017 N/A 0.0% 53.4% N/A
2016 N/A -12.2% 8.0% N/A
2015 N/A -15.1% 11.4% N/A

NAV & Total Return History


Holdings

FSOSX - Holdings

Concentration Analysis

FSOSX Category Low Category High FSOSX % Rank
Net Assets 12.5 B 10 168 B 8.75%
Number of Holdings 123 6 1033 22.01%
Net Assets in Top 10 2.52 B 1.25 M 33.2 B 18.03%
Weighting of Top 10 20.36% 10.3% 99.1% 87.42%

Top 10 Holdings

  1. Nestle SA 3.35%
  2. Roche Holding AG Dividend Right Cert. 2.69%
  3. SAP SE 2.19%
  4. Fidelity Revere Str Tr 2.13%
  5. ASML Holding NV 1.91%
  6. LVMH Moet Hennessy Louis Vuitton SE 1.83%
  7. Lonza Group Ltd 1.62%
  8. AIA Group Ltd 1.61%
  9. Diageo PLC 1.52%
  10. Sanofi SA 1.50%

Asset Allocation

Weighting Return Low Return High FSOSX % Rank
Stocks
97.83% 65.52% 101.39% 39.67%
Cash
2.17% -3.30% 19.94% 59.12%
Preferred Stocks
0.00% 0.00% 0.22% 79.25%
Other
0.00% -2.60% 4.39% 82.18%
Convertible Bonds
0.00% 0.00% 1.86% 77.78%
Bonds
0.00% 0.00% 31.11% 79.96%

Stock Sector Breakdown

Weighting Return Low Return High FSOSX % Rank
Financial Services
19.04% 0.00% 24.69% 10.06%
Healthcare
16.78% 3.42% 31.20% 32.91%
Industrials
16.38% 0.00% 25.08% 21.17%
Technology
16.06% 2.32% 43.49% 59.96%
Consumer Defense
11.27% 1.04% 35.92% 48.22%
Consumer Cyclical
6.71% 2.23% 50.11% 88.89%
Basic Materials
4.76% 0.00% 14.91% 53.46%
Communication Services
4.56% 0.00% 25.24% 86.79%
Energy
1.86% 0.00% 9.79% 29.98%
Utilities
1.47% 0.00% 15.08% 34.80%
Real Estate
1.10% 0.00% 12.59% 36.48%

Stock Geographic Breakdown

Weighting Return Low Return High FSOSX % Rank
Non US
88.73% 60.25% 101.39% 69.18%
US
9.10% 0.00% 19.60% 16.98%

Expenses

FSOSX - Expenses

Operational Fees

FSOSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.01% 0.01% 55.61% 100.00%
Management Fee 0.00% 0.00% 1.50% 1.25%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.80% N/A

Sales Fees

FSOSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.21% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FSOSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.10% 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.

FSOSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 4.00% 151.99% 11.21%

Distributions

FSOSX - Distributions

Dividend Yield Analysis

FSOSX Category Low Category High FSOSX % Rank
Dividend Yield 0.35% 0.00% 5.62% 9.58%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FSOSX Category Low Category High FSOSX % Rank
Net Income Ratio 1.69% -1.17% 3.11% 15.50%

Capital Gain Distribution Analysis

FSOSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FSOSX - Fund Manager Analysis

Managers

Vincent Montemaggiore


Start Date

Tenure

Tenure Rank

Jun 21, 2019

1.2

1.2%

Vincent Montemaggiore is a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Montemaggiore manages the Fidelity and Fidelity Advisor Overseas Fund and Fidelity VIP Overseas Portfolio. He has managed the Fidelity Overseas Fund since January of 2012 and took on lead portfolio manager responsibilities for the Fidelity Advisor Overseas Fund and VIP Overseas Portfolio in October of 2016. Prior to assuming his current responsibilities, Mr. Montemaggiore co-managed Select Banking Portfolio, after being sole manager on the fund from 2008 to 2012. He also assumed research analyst coverage responsibilities for largecap and regional banks in 2008. Previously, Mr. Montemaggiore managed Select Industrial Equipment Portfolio, after taking on research coverage of industrial and machinery stocks in 2006. Prior to joining Fidelity in 2004, Mr. Montemaggiore worked as an investment banking analyst at de Guardiola Advisors, Inc. He also worked at Putnam Lovell Securities, Inc., where he focused on mergers and acquisitions within the financial services industry. He has been in the financial industry since 2000. Mr. Montemaggiore earned his bachelor of science degree in engineering from the University of Pennsylvania and his master of business administration degree from Columbia Business School.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 25.19 7.42 17.59