Fidelity Advisor China Region I

The fund primarily directs its capital, with a minimum of 80% of its total assets, towards securities from companies domiciled in Hong Kong, Taiwan, and mainland China, or other investments that maintain significant economic ties to the Greater China region. Its portfolio is mainly composed of common stocks. The fund strategically spreads its investments across various nations within this China-focused geographical area. Furthermore, it can commit up to 35% of its total assets to any single industry sector that accounts for more than 20% of the combined market capitalization of Hong Kong, Taiwan, and China. Investment decisions are informed by a rigorous fundamental analysis, evaluating aspects such as each issuer's financial stability, its competitive standing within its sector, and broader market and economic trends.