Fidelity International Capital Appreciation Fund Q1 2025 Commentary
2025-05-06 13:15:00 ET
Summary
- Fidelity® International Capital Appreciation Fund seeks capital growth by investing in non-U.S. stocks, focusing on high-quality growth stocks benefiting from mega trends and strong management teams.
- The fund underperformed in Q1 2025, gaining 2.40% versus the benchmark's 5.29%, with security selection and sector positioning in IT and financials detracting most.
- Despite challenges, the fund's overweight in industrials and strategic picks in materials and communication services sectors contributed positively, with notable gains from Heidelberg Materials and Rolls-Royce Holdings.
- The fund remains focused on steady growers with strong balance sheets, maintaining significant overweights in industrials and selective geographic exposures, while avoiding consumer staples, energy, and health care.
FUND INFORMATION
Read the full article on Seeking Alpha
For further details see:
Fidelity International Capital Appreciation Fund Q1 2025 CommentaryNASDAQ: PBCRF
PBCRF Trading
0.0% G/L:
$0.40 Last:
20,500 Volume:
$0.40 Open:



