Fund Research for Fidelity Advisor EMEA B (FEMBX)

  • Fund Overview

    Fund Inception Date: May 08, 2008
    Category: Diversified Emerging Mkts
    Overall Risk: —
    Fund Family: Fidelity Investments
    Return Since Inception: -19.67%
    YTD Return: 58.58%
    Yield (TTM): 0.00%
    Net Assets: 781,851.00
    Morningstar Rating: —

    The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of emerging Europe, Middle East and Africa (EMEA) issuers and other investments that are tied economically to the EMEA region. It invests up to 35% of assets in any industry that accounts for more than 20% of the EMEA market. The fund is non-diversified.

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    Size
    Average Market Cap $10,406 M
    Market Capitalization Portfolio
    Giant 29.07%
    Large 25.44%
    Medium 34.66%
    Small 6.45%
    Micro 4.37%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/23/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 05/31/2008 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 58.58% 90.93% — — — -19.67%
    +/- Category -13.22% -12.70% — — — —
    +/- MSCI EAFE NR USD — — — — 2.04% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 46.26% 47.85% — — — -21.85%
    Quarter (as of 09/30/2009) 47.51% 2.68% — — — -22.56%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/23/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/23/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 05/08/2008
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 18.51%
    Service 26.76%
    Manufacturing 48.48%

    Asset Allocation

    Short Long Net Assets
    Cash 0.00% 3.30% 3.30%
    Stocks 0.00% 96.52% 96.52%
    Bonds 0.00% 0.00% 0.00%
    Other 0.00% 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 0.00% 96.52% 96.52%
    Data as of 09/30/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Sector Country Net Assets
    + Gazprom OAO Energy RUS 10.35%
    = Mtn Group Limited (MTN) Telecom ZAF 8.23%
    + Teva Pharmaceutical Industries Ltd (TEVA) Healthcare ISR 6.99%
    - Sasol, Ltd. (SOL) Energy ZAF 4.78%
    - OIL CO LUKOIL (LUKOY) Energy RUS 4.33%
    = Harmony Gold Mining Company Limited (HAR) Industrial Materials ZAF 3.28%
    - Fidelity Cash Central Fund — USA 3.28%
    = Sberbank Rossii OAO Financial Services RUS 3.18%
    = Raubex Group Limited (RBX) Industrial Materials ZAF 3.16%
    = HORIZONS BETAPR COMEX BULL E (HBU) — CAN 3.10%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    Data as of 09/30/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred 5.00%
    Taken from prospectus dated 02/24/2009
    Expense Ratio (based on net assets) 1.99%
    Taken from annual report dated 10/31/2008

  • Fund Management

    Adam Kutas
    Start Date: 05/08/2008
    Adam Kutas joined the Latin America Research Team in February 2004, and has been following the Latin American banking, energy, mining, paper and steel, and transportation industries. From 1999 to 2003, Kutas followed Canadian equity securities across a variety of sectors. He joined Fidelity Investments Canada, Ltd. (FICL), in 1996 as a mutual fund analyst, and managed FICL's fund analysis and research group from 1997 to 1999.