Fidelity International Capital Appreciation Fund (FIVFX) In Focus

Fidelity International Capital Appreciation (FIVFX - MF report) a Zacks Ranked #1 (Strong Buy) seeks long term capital growth, and invests primarily in non-U.S. securities, including securities of issuers located in emerging markets. FIVFX allocates investments across countries and regions considering size of the market of each country and region relative to size of the international market as a whole. FIVFX normally invests in common stocks. FIVFX offers annual dividends and capital gains in December.

This non U.S. Equity fund, as of the last filing, allocates investments across three major groups; foreign stock, high yield bonds, and intermediate bonds. As of the last filing, some of the top holdings for FIVFX included; Novartis AG ADR (NVS), Roche Holding AG (RHHBY), and Bayer AG (BAYRY).

The Fidelity International Capital Appreciation fund is managed by Fidelity, carries an expense ratio of 1.14, and requires a minimal initial investment of $2,500.

FIVFX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 7.33%, 3 years 16.89%, and 5 years 13.01%. To see how this fund performed compared in its category, please click here.

FIVFX’s performance, as of the last filing, when compared to funds in its category was in the top 5% in 1 year, top 12% over the past 3 years, and in the top 6% over the past 5 years.