About FAIDX
Fidelity Advisor International Discovery Fund Class A is an open-end mutual fund that focuses on long-term capital growth through investments primarily in non-U.S. equity securities. The fund targets companies across developed and emerging international markets, emphasizing quality businesses with strong balance sheets, durable competitive positions, consistent profitability, and solid free cash flow generation. Its portfolio strategy leverages fundamental, technical, and quantitative analysis, aided by Fidelity's global research resources, to identify firms with above-average growth prospects trading at reasonable valuations. With holdings diversified across regions and sectors, including financial services, technology, and industrials, the fund provides investors with exposure to foreign large-cap growth opportunities. The fund's manager employs a bottom-up stock selection approach and benchmarks performance against the MSCI EAFE Index, underscoring its role as a significant vehicle for accessing international equity markets beyond the United States.
Fund Family Fidelity
Category Foreign Large Growth
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAIDX
Share Class Class A
Index MSCI EAFE NR USD
FAIDX had a total return of 27.30% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.06%.
