Fidelity Japan Smaller Companies
Fidelity Investment Trust82 Devonshire StreetBoston, MA 02109
Map
Phone: 800-544-6666
| Category: | Japan Stock | | Fund Family: | Fidelity Investments | | Net Assets: | 279.08M | | Year-to-Date Return: | 4.80% | | Yield: | 0.87% | | Morningstar Rating: |  | | Fund Inception Date: | Nov 1, 1995 |
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Nicholas Price
Lead Manager since Oct 31, 2008 | | | Nick Price is the Portfolio Manager of Fidelity Funds. He is responsible for asset allocation and performance evaluation of the portfolio as well as formulating the overall investment strategies of the fund. Mr. Price is a bottom-up stock picker who takes a value-based approach to investing. He is a high conviction investor who runs a concentrated portfolio, typically holding 50 to 70 stocks. Mr. Price believes in seeking opportunities in âmarket missesâ, or companies with sustainable earnings that are under-appreciated by the market. He is supported by Fidelityâs six dedicated EMEA research analysts, and pays close attention to income statements, balance sheet numbers, business models and implied valuations. Since joining Fidelity Investments in 1993, Mr. Price has worked as a Japanese equity research analyst and portfolio manager based in Tokyo. Prior to joining Fidelity, Mr. Price worked in a number of roles for SBC Warburg, Daiwa Europe Bank, JPMorgan and PriceWaterhouse. Mr. Price holds a Bachelor degree from University of Natal in South Africa, majoring in Commerce. |
| Min Initial Investment: | 2,500 | | Min Initial Investment, IRA: | 500 | | Min Initial Investment, AIP: | 2,500 | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | 200 |
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| The investment seeks long-term growth of capital.
The fund normally invests at least 80% of assets in securities of Japanese issuers, and other investments that are tied economically to Japan, with smaller market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell/Nomura Mid-Small Cap Index or the Japanese Association of Securities Dealers Automated Quotations Index). It potentially invests in securities of Japanese issuers with larger market capitalizations. |
| Last Dividend
(Dec 2, 2011)
:
| 0.08 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 23, 2012)
:
| 133.00% | | Average for Category: | 152.15% |
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| Expense | FJSCX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.01% | 1.52% | | Prospectus Net Expense Ratio: | 1.05% | N/A | | Prospectus Gross Expense Ratio: | 1.05% | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | 5.21% | | Max Deferred Sales Load:
| N/A | 1.67% | | 3 Yr Expense Projection*: | 334 | 595 | | 5 Yr Expense Projection*: | 579 | 954 | | 10 Yr Expense Projection*: | 1,283 | 1,954 |
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0.60% Nasdaq 