Fidelity International Small Cap Opportunities Fund
FSCOX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
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 02210
- IPO Date
- Aug 3, 2005
- CIK
- 0000744822
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity International Small Cap Opportunities Fund (FSCOX) is an open-end mutual fund managed by Fidelity Investments that seeks capital appreciation by investing primarily in non-U.S. securities, with at least 80% of assets normally allocated to common stocks of small-cap companies domiciled outside the United States. The fund targets companies exhibiting multiyear structural growth prospects, high barriers to entry, and attractive valuations based on proprietary earnings forecasts; its portfolio typically features 91% stocks including foreign equities from developed and emerging markets, supplemented by cash holdings of around 7% and minimal other assets. Key holdings encompass growth-oriented small-cap names such as Azbil Corporation, Spectris plc, Lagercrantz Group AB, and recent additions like OR Royalties Inc., with significant exposure to sectors like industrials, technology, and healthcare across regions including Japan, the United Kingdom, and continental Europe. Launched in 2005 and headquartered at 245 Summer Street in Boston, Massachusetts, as part of Fidelity Investment Trust, the fund operates within the foreign small/mid growth category, serving retail and institutional investors seeking international diversification with a focus on small-cap opportunities. It maintains a diversified portfolio of over 200 holdings, low turnover rate of approximately 27-30%, an expense ratio of 0.96%, and assets under management exceeding $1.5 billion as of late 2025. Geographically, the strategy emphasizes developed markets in Europe and Asia-Pacific while incorporating emerging market positions comprising about 9% of assets. In recent developments, the fund demonstrated robust performance with a one-year total return of 29.16% through mid-2025, year-to-date gains of 23.19% as of August 2025, and continued emphasis on stable-growth companies amid central bank rate cuts and economic uncertainty. Portfolio adjustments in 2025 included new investments in OR Royalties Inc. and ongoing positioning toward resilient small-caps with earnings visibility and low debt, reflecting a strategic tilt toward a potential economic soft landing without major acquisitions, partnerships, or structural changes reported. The fund's managers, with average tenure exceeding a decade at Fidelity, sustained its growth-oriented approach through quarterly reviews ending September 30, 2025, where Retail Class shares gained 2.03% versus the benchmark's 6.24%.