Fidelity International Real Estate is an acceptable choice for investors seeking international real estate exposure that excludes the US. However, notable turnover in the supporting team and the evolving balance between fundamental and quantitative inputs have reduced our conviction in the People Pillar, resulting in its downgrade to Average from Above Average, while Process Pillar continues to be Average.
Fidelity Advisor International Real Estate Fund - Class A FIRAX
- NAV / 1-Day Return 9.85 / −1.30 %
- Total Assets 333.7M
-
Adj. Expense Ratio
1.180%
- Expense Ratio 1.180%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Global Real Estate
- Investment Style Mid Value
- Min. Initial Investment 0
- Status Open
- TTM Yield 2.79%
- Turnover 77%
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 4:50 AM GMT+0
Morningstar’s Analysis FIRAX
Will FIRAX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the FIRAX 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 FIRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 33.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Wing Tai Holdings Ltd | 4.91 | 17M | Real Estate |
Sun Hung Kai Properties Ltd | 3.91 | 13M | Real Estate |
Tokyo Tatemono Co Ltd | 3.87 | 13M | Real Estate |
Goodman Group | 3.51 | 12M | Real Estate |
LEG Immobilien SE | 3.11 | 11M | Real Estate |
Fidelity Cash Central Fund | 3.11 | 11M | Cash and Equivalents |
Advance Residence Investment Corp | 3.01 | 10M | Real Estate |
Parkway Life Real Estate Investment Trust | 3.00 | 10M | Real Estate |
Charter Hall Retail REIT | 2.98 | 10M | Real Estate |
Ingenia Communities Group | 2.72 | 9M | Real Estate |
United States