INTERNATIONAL FUNDS
Fidelity International Growth & Income Fund
Fund Code: 0305
what it is: A growth and income mutual fund that invests internationally.
goal: Seeks to provide capital growth and current income consistent with reasonable investment risk.
what it invests in: Normally invests at least 65% of total assets in foreign securities. The fund normally invests a majority of the fund’s assets in common stocks with a focus on those that pay current dividends and show potential for capital appreciation. The fund may potentially invest in debt securities including lower-quality debt securities. Foreign investments, especially those in emerging markets, involve greater risks and may offer greater potential returns than U.S. investments. These risks include political and economic uncertainties of foreign countries, as well as the risk of currency fluctuations. Investments in lower-rated securities also involve greater risk than other debt securities, including the risk of default This fund carries a short-term trading fee, which is charged to discourage short-term buying and selling of fund shares. If you sell your shares after holding them for less than 30 days, the fund will deduct a short-term trading fee from your account equal to 1.00% of the value of the shares you sold.
who might want to invest: Someone who wants to complement the performance of U.S. investments with overseas investments, which can behave differently.
Someone who is willing to ride out the ups and downs of the stock market for the potential of higher returns and who is comfortable with the risks involved with investing overseas.
Fidelity Diversified International Fund
Fund Code: 0325
what it is:
A growth mutual fund that invests overseas.goal: Seeks to provide capital growth.
what it invests in:
Normally invests at least 65% of total assets in foreign securities. Normally invests primarily in common stocks. Foreign investments, especially those in emerging markets, involve greater risks and may offer greater potential returns than U.S. investments. These risks include political and economic uncertainties of foreign countries, as well as the risk of currency fluctuations. This fund carries a short-term trading fee, which is charged to discourage short-term buying and selling of fund shares. If you sell your shares after holding them for less than 30 days. the fund will deduct a short-term trading fee from your account equal to 1.00% of the value of the shares you sold.who might want to invest: Someone who wants to complement the performance of U.S. investments with that of investments outside the U.S., which may behave quite differently.
Someone who is comfortable with the high investment risks and potential rewards involved in investing overseas as well as the investment risk involved in any growth mutual fund.
