Fidelity� Latin America

 (MUTF:FLATX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-1.40%  
1 week   +4.98%
   
4 week   +0.75%
   
3 month
   
-12.61%  
YTD
   
-5.57%  
1 year
   
-8.69%  
3 years*
   
-4.77%  
5 years*
   
-4.28%  
*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 Below Average Below Average
5 years Low Low
10 years     -     - -
Overall Low Low
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets996.73M 
Front load-  
Deferred load-  
Expense ratio1.04%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash0.81%  
Stocks87.27%  
Bonds0.00%  
Preferred11.91%  
Other0.00%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
29.60+0.09(0.30%)
Nov 25, 4:00PM 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 normally invests primarily in common stocks and allocates investment across different Latin American countries. The fund invests up to 35% of total assets in any industry that accounts for more than 20% of the Latin American market. 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. The fund is non-diversified.
Fund filings (PDF) »
Asset manager:
Adam Kutas (Started: Feb 12, 2009)
Advisor Company:
Fidelity Management & Research Company
Fund family reports on Morningstar »
Fidelity Investments, 483 Bay Street, Boston, MA 02109, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -7.78 -15.41 -7.45 3.95
Beta* 1.60 1.12 1.11 1.26
Mean annual return -0.59 -0.50 0.05 1.16
R-squared* 50.78 64.84 71.54 76.66
Standard deviation 21.08 18.41 21.65 27.39
Sharpe ratio -0.34 -0.33 0.02 0.46
* Against standard index

Top 10 holdings