KTITF - Fidelity International Real Estate Fund Q4 2024 Review
2025-02-09 11:19:00 ET
Summary
- Fidelity® International Real Estate Fund seeks capital appreciation through investments in securities of companies principally engaged in the real estate industry.
- For the quarter, the fund's Retail Class shares returned -14.49%, slightly outpacing the sector index but lagging the -8.09% return of the broad-market MSCI EAFE Index.
- At the end of 2024, real estate supply and demand remain largely favorable for non-U.S. REITs, as we see it.
| PERFORMANCE SUMMARY |
| Cumulative |
| Annualized |
| 3 |
| 1 |
| 3 |
| 5 |
| 10 Year/ LOF1 |
| Month |
| YTD |
| Year |
| Year |
| Year |
| Fidelity International Real Estate Fund Gross Expense Ratio: 0.88%2 |
| -14.49% |
| -9.48% |
| -9.48% |
| -11.61% |
| -3.98% |
| 2.21% |
| MSCI EAFE Index (Net MA) |
| -8.09% |
| 4.07% |
| 4.07% |
| 1.87% |
| 4.95% |
| 5.41% |
| FTSE EPRA/NAREIT Developed Ex North |
| -14.83% |
| -7.83% |
| -7.83% |
| -9.06% |
| -5.46% |
| 0.31% |
| America Index (Gross) |
| Morningstar Fund Global Real Estate |
| -10.11% |
| 0.23% |
| 0.23% |
| -6.17% |
| -0.68% |
| 2.69% |
| % Rank in Morningstar Category (1% = Best) |
| -- |
| -- |
| 94% |
| 100% |
| 86% |
| 70% |
| # of Funds in Morningstar Category |
| -- |
| -- |
| 176 |
| 172 |
| 165 |
| 127 |