Fidelity Latin America Fund

Scorecard
3 / 5 Stars
Lipper
2 2 1 5 2
Zacks Investment Research
3 (Hold)
Standard & Poor's
4 / 5 Stars
TheStreet.com
E (Sell)

#1 in Latin America Stock

U.S. News evaluated 12 Latin America Stock Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Fidelity Investments funds

See full Latin America Stock rankings

See more fund rankings

Performance

The fund has returned -5.86 percent over the past year, 0.51 percent over the past three years, -4.02 percent over the past five years, and 19.06 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date -2.1%
1 Year -5.9%
3 Years (Annualized) 0.5%
5 Years (Annualized) -4.0%
10 Years (Annualized) 19.1%

See more FLATX performance

Summary

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.

Fees

Fees are Above Average compared to funds in the same category.
Fidelity Latin America Fund has an expense ratio of 1.02 percent.

See more FLATX fees

Risk

Risk is Low compared to funds in the same category according to Morningstar.

See more FLATX risk

Advertisement
Latin America Stocks
Rankings

See More Funds

Highest Returns (10-year)

See More Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.