C000205028 Performance — Fidelity Latin America Fund, Class Z
Data updated: 2024-09-25
C000205028 returned −16.56% over one year to Jul 2024. Annualised returns are −2.49% over 3 years and −4.51% over 5 years. The fund trailed its Emerging Markets Equity category average: $100 invested three years ago grew to $93, against $94 for the category, and to $83 over one year, against $108. Volatility over the past three years was 25.64% a year. In the 12 months to Jul 2024 the fund lost a net $46.6M, and assets reached $197.12M.
C000205028 Growth of $100
What $100 invested in Fidelity Latin America Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | C000205028 | Category average |
|---|---|---|
| 1 year (Aug 2023 – Jul 2024) | $83 | $108 |
| 3 years (Aug 2021 – Jul 2024) | $93 | $94 |
| 5 years (Aug 2019 – Jul 2024) | $79 | $123 |
C000205028 Trailing Returns
Total returns to Jul 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −16.56% |
| 3 years (annualised) | −2.49% |
| 5 years (annualised) | −4.51% |
C000205028 Annual Returns
Calendar-year total returns of Fidelity Latin America Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jul) | −16.53% |
| 2023 | +24.17% |
| 2022 | +1.59% |
| 2021 | −15.48% |
| 2020 | −20.40% |
| 2019 (Aug–Dec) | +12.07% |
C000205028 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −4.3% | +1.3% | +0.6% | −6.8% | −0.9% | −8.6% | +1.4% | — | — | — | — | — |
| 2023 | +11.0% | −8.6% | −2.7% | +2.6% | +2.1% | +11.9% | +7.3% | −7.9% | −3.1% | −9.2% | +13.2% | +9.0% |
| 2022 | +6.6% | +1.8% | +12.0% | −10.6% | +3.3% | −14.3% | +6.9% | +1.6% | −4.9% | +11.7% | −3.4% | −5.1% |
| 2021 | −7.4% | −3.1% | −0.9% | +4.5% | +5.9% | +3.9% | −6.2% | −0.2% | −6.6% | −7.1% | −5.6% | +7.8% |
| 2020 | −3.7% | −14.0% | −38.8% | +9.5% | +5.3% | +8.9% | +7.0% | −2.9% | −5.3% | −5.6% | +23.0% | +9.4% |
| 2019 | — | — | — | — | — | — | — | −4.9% | +3.8% | +6.7% | −4.9% | +12.0% |
C000205028 Risk
Risk measures from monthly returns over Aug 2021 – Jul 2024.
- 3-year volatility (annualised): 25.64%
- 3-year Sharpe ratio: -0.27 (vs 4.5% risk-free rate)
- Best month: +13.17% (Nov 2023)
- Worst month: −14.35% (Jun 2022)
C000205028 Fund Flows
Monthly money in and out of Fidelity Latin America Fund, from SEC Form N-PORT.
- 12-month net flow: −$46.6M
- 12-month gross sales (incl. reinvestments): $40.5M
- Sales ÷ redemptions: 0.47×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2024 | $783K | $16.5M | −$15.8M |
| Jun 2024 | $1.7M | $6.6M | −$4.9M |
| May 2024 | $1.6M | $5.0M | −$3.4M |
| Apr 2024 | $952K | $7.6M | −$6.6M |
| Mar 2024 | $1.4M | $7.3M | −$5.8M |
| Feb 2024 | $1.4M | $7.6M | −$6.2M |
| Jan 2024 | $4.3M | $6.6M | −$2.3M |
| Dec 2023 | $13.3M | $8.7M | $4.6M |
| Nov 2023 | $4.0M | $5.8M | −$1.8M |
| Oct 2023 | $3.0M | $5.8M | −$2.8M |
| Sep 2023 | $4.4M | $4.7M | −$287K |
| Aug 2023 | $3.8M | $4.9M | −$1.2M |
C000205028 Assets Under Management
Net assets of Fidelity Latin America Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-07-31 | $197.12M |
| 2024-04-30 | $240.44M |
| 2024-01-31 | $272.04M |
| 2023-10-31 | $240.32M |
| 2023-07-31 | $301.69M |
| 2023-04-30 | $248.99M |
| 2023-01-31 | $283.53M |
| 2022-10-31 | $284.84M |
| 2022-07-31 | $279.97M |
| 2022-04-30 | $314.25M |
| 2022-01-31 | $293.13M |
| 2021-10-31 | $293.01M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.