Fidelity International Small Cap Fund

This fund primarily allocates capital to equity securities of companies based outside the U.S., encompassing issuers within emerging markets. It is mandated to invest a minimum of 80% of its assets in businesses with small market capitalizations, predominantly through common stocks. The portfolio is strategically diversified across various international countries and regions. Investment selection is driven by the advisor's thorough fundamental analysis, which assesses factors such as an issuer's financial health, its industry position, and broader market and economic conditions.