Fund Research for Fidelity International Value (FIVLX)

  • Fund Overview

    Fund Inception Date: May 18, 2006
    Category: Foreign Large Value
    Overall Risk: Above Average
    Fund Family: Fidelity Investments
    Return Since Inception: -4.57%
    YTD Return: 32.05%
    Yield (TTM): 1.47%
    Net Assets: 180.54 M
    Morningstar Rating:
    2 of 5

    The investment seeks capital appreciation. The fund normally invests in non-U.S. securities, including securities of issuers located in emerging markets.It invests primarily in common stocks. The fund invests in securities of companies that it believes are undervalued in the marketplace in relation to factors such as the company's assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry.

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    Size
    Average Market Cap $32,638 M
    Market Capitalization Portfolio
    Giant 61.33%
    Large 27.20%
    Medium 10.90%
    Small 0.57%
    Micro 0.00%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/04/2009    		 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 05/31/2006 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 32.05% 24.87% -6.53% — — -4.57%
    +/- Category 5.37% 4.32% -1.36% — — —
    +/- 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) 30.03% 33.09% -7.10% — — -4.57%
    Quarter (as of 09/30/2009) 33.39% 2.83% -5.03% — — -3.96%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/04/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/04/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 05/18/2006
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 12.41%
    Service 47.36%
    Manufacturing 37.98%

    Asset Allocation

    Short Long Net Assets
    Cash — 1.95% 1.95%
    Stocks — 98.05% 98.05%
    Bonds — 0.00% 0.00%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 96.99% 96.99%
    Data as of 09/30/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Sector Country Net Assets
    = E.ON AG (EOAN) Utilities DEU 3.52%
    = Toyota Motor Corporation (7203) Consumer Goods JPN 3.32%
    = AXA (AXA) Financial Services FRA 2.70%
    + BNP Paribas (BNP) Financial Services FRA 2.63%
    = Muenchener Rueckver AG (MUV2) Financial Services DEU 2.61%
    = VODAFONE GROUP PLC NEW (VOD) Telecom GBR 2.54%
    = ROYAL DUTCH SHELL PLC (RDS.A) Energy GBR 2.54%
    = Roche Holding AG (RHHVF) Healthcare CHE 2.45%
    - Mitsui & Co., Ltd (8031) Industrial Materials JPN 2.23%
    - Daimler AG (DAI) Consumer Goods DEU 2.11%
    + 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 08/31/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 02/24/2009
    Expense Ratio (based on net assets) 1.09%
    Taken from annual report dated 10/31/2008

  • Fund Management

    George W. Stairs
    Start Date: 05/18/2006
    George Stairs is manager of International Value Fund, which he has managed since its inception. Stairs joined Fidelity Investments in 2005 as a portfolio manager. Prior to Fidelity, he was an international equity portfolio manager for Putnam from 1996 to 2005. Previously, he was an investment professional with ValueQuest from 1992 to 1994. Prior to that, he was an equity analyst with Eaton Vance Management from 1986 to 1992. Stairs holds the Chartered Financial Analyst designation.