About FAPCX
Fidelity International Capital Appreciation K6 Fund is an international equity mutual fund designed to deliver long-term capital growth by investing primarily in non-U.S. companies. The fund focuses on identifying high-quality growth stocks across developed and emerging markets using a blend of proprietary quantitative screening and bottom-up fundamental analysis. Its investment approach emphasizes companies benefiting from long-term mega trends, strong brands, significant barriers to entry, and best-in-class management teams. The fund maintains a diversified portfolio, typically concentrating assets in large-cap and mid-cap equities, while employing a unique risk-managed construction that aims to balance active positioning with portfolio stability. Sector allocations often include technology, healthcare, consumer cyclical, and industrials, featuring prominent global names such as Taiwan Semiconductor Manufacturing, ASML Holding, Novo Nordisk, and LVMH Moet Hennessy Louis Vuitton. With an emphasis on foreign large growth stocks, the fund serves investors seeking exposure to global equity markets outside the United States, aiming to capitalize on international growth opportunities while mitigating risk through diversification and disciplined management.
Fund Family Fidelity
Category Foreign Large Growth
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FAPCX
Index Index is not available on Lipper Database
FAPCX had a total return of 12.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.26%.
