Fidelity International Small Cap Fund

This fund primarily targets international investments, encompassing securities from companies based outside the U.S., with a portion dedicated to firms in developing economies. A substantial majority, specifically no less than 80% of its portfolio, is dedicated to shares of businesses characterized by small market values. Its holdings primarily consist of common equity. Investment allocation is strategically diversified across various nations and geographical areas. The fund's management employs a rigorous fundamental analysis approach, scrutinizing aspects like an issuer's financial health, competitive standing within its industry, alongside prevailing market and broader economic conditions, to guide investment selections.