Fidelity International Real Estate Fund Q4 2024 Review
Source: SeekingAlpha
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 |
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Fidelity International Real Estate Fund Q4 2024 Review
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