Skip to Content
Morningstar

Fidelity® Latin America FLATX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 20.11  /  0.15 %
  • Total Assets 276.6 Mil
  • Adj. Expense Ratio
    1.060%
  • Expense Ratio 1.060%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Latin America Stock
  • Investment Style Mid Blend
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 8.04%
  • Turnover 48%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:15 PM GMT+0

Morningstar’s Analysis FLATX

Will FLATX 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 FLATX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FLATX 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 FLATX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Fidelity ® Latin America to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FLATX

More FLATX Holdings
  • Current Portfolio Date
  • Equity Holdings 29
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 53.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Petroleo Brasileiro SA Petrobras Participating Preferred

10.78
32,514,294
Energy

Genomma Lab Internacional SAB de CV Class B

8.14
24,559,631
Healthcare

Afya Ltd Class A

5.02
15,129,948
Consumer Defensive

Hypera SA

4.95
14,932,149
Healthcare

Vamos Locacao De Caminhoes Maquinas E Equipamentos SA Ordinary Shares

4.92
14,831,549
Industrials

XP Inc Class A

4.19
12,653,267
Financial Services

Itausa Investimentos ITAU SA Participating Preferred

4.09
12,336,987
Industrials

Sendas Distribuidora SA Ordinary Shares

4.00
12,052,613
Consumer Defensive

Equatorial Energia SA

3.78
11,404,387
Utilities

Intercorp Financial Services Inc

3.65
11,002,607
Financial Services