Fidelity Latin America Fund

Frequently Asked Questions About FLATX

What does FLATX invest in?

This fund typically dedicates at least 80% of its capital to securities from Latin American issuers or to other investments with strong economic links to the region. Its primary focus is on common stocks, with holdings strategically diversified across various Latin American countries. The fund allows for a maximum allocation of 35% of its total assets to any particular industry, provided that sector represents over 20% of the overall Latin American market. Investment choices are made using a comprehensive fundamental analysis, evaluating factors such as the financial stability and industry position of each issuer, alongside broader market and economic conditions. This is a non-diversified fund.

What is the expense ratio of FLATX?

An expense ratio for Fidelity Latin America Fund (FLATX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is FLATX?

Fidelity Latin America Fund (FLATX) manages $187.2M 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 FLATX actively managed or an index fund?

FLATX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FLATX launched?

Fidelity Latin America Fund (FLATX) launched in April 1993 and is managed by Fidelity.

How has FLATX performed?

FLATX'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.