One wouldn't necessarily recommend that other managers adopt Fidelity Advisor International Capital Appreciation's unique approach, but its leader, who developed and adjusts it, has made it work well. His ability and insights, along with a strong record and other resources, earn the fund’s I and Z share classes a Morningstar Analyst Rating of Bronze, while the costlier share classes are rated Neutral.
Fidelity Advisor® Intl Capital App A FCPAX
NAV / 1-Day Return
27.25
/
0.44
%
Total Assets
7.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.280%
Expense Ratio
1.280%
Fee Level
Above Average
Longest Manager Tenure
13.18
years
Category
Foreign Large Growth
Investment Style
Large GrowthMin. Initial Investment
0
Status
Open
TTM Yield
0.00%
Turnover
121%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FCPAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FCPAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FCPAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FCPAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Unusual strategy, impressive results.
