Fidelity Advisor International Capital Appreciation Fund Class M
FIATX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Oct 31, 1997
- CIK
- 0000729218
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor International Capital Appreciation Fund Class M (FIATX) is an open-end mutual fund managed by Fidelity Investments that seeks capital appreciation by investing primarily in non-U.S. securities, including common stocks of issuers in developed and emerging markets; it allocates assets across countries and regions using fundamental analysis of issuers' financial condition, industry position, market conditions, and long-term mega-trends such as rising disposable income in emerging markets, health and wellness for aging populations, and technology spending growth outside the U.S.. The fund targets high-quality growth stocks, including cyclical companies that perform across business cycles and those with stable, predictable earnings; its portfolio emphasizes international equities (approximately 87% allocation), with exposure to developed markets (around 70%) and emerging markets (around 17%), diversified across sectors like industrials (29%), financials (28%), information technology (18%), and consumer discretionary (9%), with top holdings including Taiwan Semiconductor Manufacturing Co. Ltd., Tencent Holdings Ltd., Schneider Electric SE, Rolls-Royce Holdings PLC, and ASML Holding NV; it is benchmarked against the MSCI ACWI ex USA Index (Net MA) and categorized by Morningstar as Foreign Large Growth. Share classes include Class A (FCPAX), Class C (FCPCX), Class M (FIATX), Class I (FCPIX), and Class Z (FIDZX), with FIATX featuring a net expense ratio of approximately 1.49%; the fund was incepted on November 3, 1997, and is managed by Sammy Simnegar since January 2008 from Fidelity's headquarters at 245 Summer Street, Boston, Massachusetts, with total net assets exceeding $15 billion primarily serving U.S. investors through brokerage platforms. In a major strategic reorganization approved by Fidelity's Board of Trustees in 2025, the fund acquired Fidelity International Capital Appreciation Fund (expected closing on or about July 25, 2025, pending shareholder approval), merging its assets (approximately $3.7 billion as of February 2025) into the Fidelity Advisor fund to create a larger combined entity with lower expenses (pro forma reduction of about 2 basis points), identical investment strategies under the same manager, and a new retail share class (ticker FICQX); this merger streamlines Fidelity's product lineup, enhances scale for diversified cash flows, and benefits shareholders without altering the fund's focus or triggering taxable events. The fund operates geographically across global developed and emerging markets outside the U.S., with no subsidiaries or parent entities beyond Fidelity Investments' oversight; turnover stands at around 63-86%, and it remains available for sale in the United States with a minimum initial investment of $0 for certain classes.