Fidelity Latin America
(MUTF:FLATX) Watch this mutual fundFind more results for
MUTF:FLATX
Performance
Trailing returns
| 1 day |
| -0.93% | |||
| 1 week | +2.44% |
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| 4 week | +0.64% |
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| 3 month | +21.69% |
| |||
| YTD | +88.31% |
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| 1 year | +125.79% |
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| 3 years* | +10.27% |
| |||
| 5 years* | +25.72% |
| |||
| *annualized | |||||
| Best 3 month return | +52.00% | |
| Worst 3 month return | -52.52% |
Morningstar statistics
Morningstar category: Latin America Stock
| Return | Risk | Rating | |
| 3 years | Average | Below Average |
 
|
| 5 years | Average | Below Average |
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| 10 years | Average | Average |
|
| Overall | Average | Average |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 4.04B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.02% | |
| Management fee | - | |
| Fund family | Fidelity Investments |
Asset allocation
| Cash | 4.24% | |
| Stocks | 95.76% | |
| Bonds | 0.00% | |
| Other | 0.00% |
Purchase information
| Initial | $2,500 | |
| IRA Initial | $500 |
51.57
-0.44 (-0.85%)
Nov 20, 8:00PM EST
Overall Morningstar RatingTM
Description
The investment seeks long-term growth of capital.
The fund normally invests at least 80% of assets in securities of Latin American issuers and other investments that are tied economically to Latin America. It usually invests in common stocks. The fund may invest up to 35% of total assets in any industry that accounts for more than 20% of the Latin American market. It allocates investments across countries considering the size of the market in each country relative to the size of the market in Latin America as a whole. The fund is nondiversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Adam Kutas (Started: Feb 12, 2009)
Adam Kutas (Started: Feb 12, 2009)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 30.86 | -6.46 | 18.67 | 16.24 | |
| Beta* | 0.92 | 1.02 | 1.40 | 1.40 | |
| Mean annual return | 4.72 | 1.20 | 2.27 | 1.68 | |
| R-squared* | 72.06 | 99.00 | 75.93 | 71.48 | |
| Standard deviation | 29.32 | 35.88 | 31.86 | 30.04 | |
| Sharpe ratio | 1.92 | 0.33 | 0.76 | 0.58 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Petroleo Brasileiro S.A. (PBR.A) | 7.76% | |
| America Movil S.A.B. de C.V. ADR L (AMX) | 7.75% | |
| Vale S.A. (RIODF) | 6.69% | |
| Petroleo Brasileiro S.A. ADR (PBR) | 6.38% | |
| Itau Unibanco Holding S.A. ADR (ITUB) | 5.49% | |
| Petroleo Brasileiro SA (Preference) (PETR4) | 3.09% | |
| VIVO Holding Company ADR (VIV) | 3.03% | |
| Vale S.A. ADR (VALE) | 3.00% | |
| Buenaventura Mining Company Inc. ADR (BVN) | 2.99% | |
| AmBev ADR (ABV) | 2.68% |