FFDIFidelity Fundamental Developed

Grow my money1y track recordRanked #2,314 of 2,966 in this goal

Seeks long-term growth of capital.

By Fidelity Investments · Launched 2024

Annual Cost

0.55%

#2,815 of 5,568 · average

Fund Size

$23M

#4,291 of 5,568 · small

Return (1Y)Goal

+17.1%

Track Record

1 year

#3,949 of 5,568 · young

Performance

Total-return NAV · USD

Growth of $10,000

$11,698+17.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global ex-US

Cap

Multi cap

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 24.5% of fund✓ well diversified

ASML HOLDING NV

4.1%

HITACHI LTD

2.7%

SCHNEIDER ELEC SA

2.6%

BANCO SANTANDER SA

2.6%

SAFRAN SA

2.4%

ROLLS-ROYCE HOLDINGS PLC

2.2%

CAIXABANK SA

2.2%

AIR LIQUIDE SA

2.0%

MITSUBISHI HEAVY INDUSTRIES LTD

2.0%

UNICREDIT SPA

1.9%

Asset allocation

Stocks

98.3%

Cash

1.4%

Other

0.3%

By sector

Industrials

27.4%

Financial Services

25.5%

Technology

14.9%

Basic Materials

8.1%

Healthcare

7.8%

Consumer Cyclical

4.9%

Consumer Defensive

4.7%

Energy

3.3%

Other

3.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

17.6%Moderate

Year-on-year price swings

Max drawdown

-14.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks long-term growth of capital.
Strategy: Invests primarily in equity securities of issuers in developed markets, normally allocating at least 80% of assets to these securities. The Adviser uses fundamental analysis and quantitative portfolio construction to select investments, considering factors such as issuer classification, domicile, and revenue sources. The fund may also invest in derivatives that provide exposure to these investments or associated market risk factors.
Inception date: November 19, 2024
Fund family: Fidelity Investments