Fidelity International Real Estate Fund

Frequently Asked Questions About FIREX

What does FIREX invest in?

This fund primarily aims for long-term growth in its investment value. It typically allocates its capital mainly to common stocks of companies located outside the United States. A substantial portion of its portfolio, at least 80% of its assets, is concentrated in firms predominantly operating within the real estate sector or other investments tied to real estate. The fund diversifies its holdings by spreading them across various international countries and geographic areas. Investment selections are made using thorough fundamental analysis, scrutinizing factors such as each issuer's financial stability, its competitive standing in the industry, and broader market and economic trends. Notably, this fund operates as a non-diversified investment.

What is the expense ratio of FIREX?

Fidelity International Real Estate Fund (FIREX) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FIREX?

Fidelity International Real Estate Fund (FIREX) manages $292.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FIREX actively managed or an index fund?

FIREX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FIREX's is 0.88%) in exchange for the discretion to over- or under-weight positions.

When was FIREX launched?

Fidelity International Real Estate Fund (FIREX) launched in September 2004 and is managed by Fidelity.

How has FIREX performed?

FIREX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.