About FITFX
The Fidelity Flex International Index Fund is a mutual fund designed to track the performance of international equity markets outside the United States. Its primary objective is to provide investment results that correspond to the total return of foreign developed and emerging stock markets, closely aligning its portfolio with the MSCI ACWI (All Country World Index) ex USA Index. The fund invests at least 80% of its assets in securities from this index, including both developed and emerging market companies, as well as depositary receipts representing these securities.
As a Foreign Large Blend fund, it offers broad diversification across numerous sectors and regions, with thousands of holdings and concentrated positions in global leaders such as technology, healthcare, consumer defensive, and financials. Notable holdings include Taiwan Semiconductor Manufacturing, Tencent, SAP, and Nestle, reflecting its exposure to influential multinational firms. The fund is managed to maintain low costs and tax efficiency, typically featuring a very low expense ratio and minimal turnover. Its role in the financial market is to give investors comprehensive, cost-effective exposure to the global equity landscape beyond the U.S., often serving as a core component in internationally diversified portfolios.
Fund Family Fidelity
Category Foreign Large Blend
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FITFX
Index Index is not available on Lipper Database
FITFX had a total return of 32.92% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.25%.
