Fidelity International Discovery Fund

Fidelity Investment Trust · 7 share classes

Actively managed developed international equity fund
One fund, 7 share classes:FIGRXFAIDXFCADXFTADXFIADXFIDKXFZAIX
$12.56B NAV
147 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity International Discovery 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 International Discovery Fund seeks long-term growth of capital.

Strategy · summarised

The fund invests primarily in common stocks of non-U.S. companies, using fundamental analysis of financial condition, industry position, and market conditions to select securities across different countries and regions. The fund's geographic allocation and security selection depend on the manager's analysis rather than a predetermined index or formula.

Expenses
0.59% 1.70%across 7 share classes
Share classExpense ratio
FIGRX0.66%
FAIDX0.95%
FCADX1.70%
FTADX1.20%
FIADX0.70%
FIDKX0.59%
FZAIX0.59%

Portfolio turnover 54.00% · as of 2025 Q4

Allocation

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

99.91%
of net assets
Stocks96.07%
Cash & short-term3.83%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 33 new28 exited

Largest new: ASTRAZENECA PLC, BIZLINK HOLDING INC, FERROVIAL SE, TELECOM ITALIA SPA, ARGENX SE, PRYSMIAN SPA, NOKIA CORP, RENESAS ELECTRONICS CORP

Largest exited: NEC CORP, AUTO1 GROUP SE, MELI, HEXAGON AB, FUJITSU LTD, LONDON STOCK EXCHANGE GROUP PLC, SEA LTD, ESSILORLUXOTTICA

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+26.10%+59.77%+36.37%17.16%-11.77%
+25.67%-57.01%-91.20%17.15%-67.34%
+24.78%+24.65%-17.82%17.13%-14.63%
+25.36%-28.28%-74.25%17.16%-45.39%
+26.02%+59.63%+36.21%17.15%-11.77%
+26.16%+60.16%+36.96%17.16%-11.76%
+26.15%+60.16%+36.97%17.16%-11.76%

These classes hold the same portfolio, so the 128.17pp spread over 5 years is the cost difference between them — roughly 25.63pp a year — not a difference in what they own.

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 LTD4.54%$570.37M
ZEGONA COMMUNICATIONS PLC3.93%$493.77M
ASML HOLDING NV3.52%$441.92M
Fidelity Revere Street Trust2.92%$366.52M
BANCO SANTANDER SA2.54%$319.18M
INVESTOR AB2.31%$290.03M
BRITISH AMERICAN TOBACCO PLC2.20%$275.99M
SIEMENS AG1.96%$246.39M
MITSUBISHI UFJ FINANCIAL GROUP INC1.93%$242.49M
ITOCHU CORPORATION1.85%$232.09M
Showing 10 of 147Sign 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 27.71% of net assets, top 25 49.05%, across 137 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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