Fidelity Advisor International Capital Appreciation Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, Fidelity Advisor International Capital Appreciation Fund held 64 positions with $16.26B in net assets. Its ten largest holdings made up 26.6% of the fund. The FCPAX share class costs 1.14% a year. Over the 12 months to May 2026, FCPAX returned 12.6%, with dividends reinvested. In 2026 Q3 it added 15 new positions and exited 16.
Fidelity Advisor International Capital Appreciation Fund seeks capital appreciation.
The fund invests primarily in common stocks of non-U.S. issuers, including those in emerging markets, selected through fundamental analysis of financial condition, industry position, and economic conditions, with allocations diversified across countries and regions. Because manager selection depends on the fundamental factors applied to individual issuers, fund performance will diverge from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
TAIWAN SEMICONDUCTOR MFG CO LTD | 6.88% | $1.12B | 16.1M | $69.64 |
ASML HOLDING NV | 3.08% | $500.72M | 346.4K | $1,445.55 |
ASM INTL NV | 2.19% | $356.21M | 365.4K | $974.83 |
SCHNEIDER ELEC SA | 2.14% | $347.41M | 1.1M | $318.21 |
HITACHI LTD | 2.13% | $345.72M | 10.9M | $31.80 |
SIEMENS ENERGY AG | 2.11% | $343.37M | 1.6M | $211.94 |
ROLLS-ROYCE HOLDINGS PLC | 2.10% | $341.90M | 21.2M | $16.09 |
2.02% | $328.35M | 801.7K | $409.59 | |
NEXT VISION STABILIZED SYSTEMS LTD | 2.01% | $326.15M | 2.8M | $114.63 |
BANCO SANTANDER SA | 1.99% | $322.85M | 26.5M | $12.18 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 64 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.68% |
| Cash & short-term | 0.01% |
By sector
- International
- 82.1%
- Financials
- 8.2%
- Information Technology
- 4.6%
- Industrials
- 2.6%
- 3 other sectors
- 2.6%
- International
- 82.1%
- Financials
- 8.2%
- Information Technology
- 4.6%
- Industrials
- 2.6%
- Consumer Discretionary
- 1.2%
- Materials
- 1.0%
- Cash
- 0.4%
How it has done
FCPAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.83%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.14% | +12.56% | +55.09% | +36.91% | -9.89% | |
| 1.89% | +11.72% | +52.25% | +33.22% | -9.97% | |
| 1.39% | +12.27% | +53.88% | +35.14% | -9.92% | |
| 0.89% | +12.87% | +56.23% | +38.63% | -9.89% | |
| 0.78% | +12.94% | +56.80% | +39.43% | -9.87% | |
| 0.83% | — | — | — | — |
Fees & fund details
Fidelity Advisor International Capital Appreciation Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.78% – 1.89%· FCPAX 1.14%
- Portfolio turnover
- 96.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
15 new· the largest 8
16 exited· the largest 8
Understand how this fund fits with the rest.
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