Fidelity Advisor International Capital Appreciation Fund

Fidelity Advisor Series VIII · 6 share classes

Actively managed developed international equity fund
One fund, 6 share classes:FCPAXFCPCXFIATXFCPIXFIDZXFICQX
$16.26B NAV
64 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

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

Fund profile

As filed in the prospectus · 2025 Q4

Fidelity Advisor International Capital Appreciation Fund seeks capital appreciation.

Strategy · summarised

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.

Expenses
0.78% 1.89%across 6 share classes
Share classExpense ratio
FCPAX1.14%
FCPCX1.89%
FIATX1.39%
FCPIX0.89%
FIDZX0.78%
FICQX0.83%

Portfolio turnover 96.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.69%
of net assets
Stocks99.68%
Cash & short-term0.01%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
International81.2%
Financials8.8%
Information Technology5.1%
Industrials2.5%
3 smaller2.4%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 19 new18 exited

Largest new: BRITISH AMERICAN TOBACCO PLC, INTESA SANPAOLO SPA, MITSUBISHI UFJ FINANCIAL GROUP INC, BAE SYSTEMS PLC, UNICREDIT SPA, FUJIKURA LTD, CONTEMPORARY AMPEREX TECHNOLOGY CO LTD, JAPAN TOBACCO INC

Largest exited: TENCENT HLDGS LTD, CAMECO CORP, COMMERZBANK AG, SPGI, 3I GROUP PLC, SHOP, MELI, TDG

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+15.87%-59.38%-91.14%17.57%-66.53%
+15.03%+17.66%-17.20%17.59%-12.56%
+15.59%-32.27%-74.11%17.58%-44.06%
+16.20%+50.58%+36.72%17.60%-9.89%
+16.29%+51.13%+37.56%17.57%-9.87%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
TAIWAN SEMICONDUCTOR MFG CO LTD6.88%$1.12B
ASML HOLDING NV3.08%$500.72M
ASM INTL NV2.19%$356.21M
SCHNEIDER ELEC SA2.14%$347.41M
HITACHI LTD2.13%$345.72M
SIEMENS ENERGY AG2.11%$343.37M
ROLLS-ROYCE HOLDINGS PLC2.10%$341.90M
CELESTICA INCCLS2.02%$328.35M
NEXT VISION STABILIZED SYSTEMS LTD2.01%$326.15M
BANCO SANTANDER SA1.99%$322.85M
Showing 10 of 64Sign in to see more

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.

Top 10 positions are 26.64% of net assets, top 25 52.56%, across 63 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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