Fidelity International Small Cap Fund

Fidelity Investment Trust · 6 share classes

Actively managed developed international equity fund
One fund, 6 share classes:FISMXFIASXFICSXFTISXFIXIXFIQIX
$5.60B NAV
180 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity International Small Cap 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 Small Cap Fund seeks capital appreciation.

Strategy · summarised

The fund invests primarily in small-capitalization common stocks of non-U.S. companies, including those in emerging markets, selected through fundamental analysis of financial condition, industry position, and market conditions across different countries and regions. The fund normally allocates at least 80% of assets to securities with market capitalizations similar to those in the MSCI EAFE Small Cap Index or MSCI ACWI ex USA Small Cap Index. Because security selection depends on the manager's analysis rather than index tracking, fund holdings and performance may diverge from any particular benchmark.

Expenses
0.83% 1.95%across 6 share classes
Share classExpense ratio
FISMX0.90%
FIASX1.20%
FICSX1.95%
FTISX1.45%
FIXIX0.95%
FIQIX0.83%

Portfolio turnover 24.00% · as of 2025 Q4

Allocation

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

99.49%
of net assets
Stocks97.43%
Cash & short-term2.07%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 16 new21 exited

Largest new: LG INNOTEK CO LTD, VOESTALPINE AG, FURUKAWA ELECTRIC CO LTD, NITERRA CO LTD, NITTO BOSEKI CO LTD, VAULT MINERALS LTD, M BANK SA, NEW ORIENTAL EDUCATION and TECHNOLOGY GROUP INC

Largest exited: VANGUARD INTL EQUITY INDEX FDS, FUJI ELECTRIC CO LTD, METLEN ENERGY and METALS PLC, SAVILLS PLC, BEAZLEY PLC/UK, DEXERIALS CORP, BECHTLE AG, HUHTAMAKI OY

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+22.44%+46.17%+36.59%14.56%-10.27%
+22.08%-60.59%-91.15%14.59%-69.51%
+21.21%+14.10%-17.57%14.51%-13.13%
+21.81%-34.32%-74.17%14.56%-49.03%
+22.44%+46.10%+36.62%14.57%-10.25%
+22.54%+46.57%+37.42%14.57%-10.20%

These classes hold the same portfolio, so the 128.57pp spread over 5 years is the cost difference between them — roughly 25.71pp 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
Fidelity Revere Street Trust1.34%$74.88M
TEST RESEARCH CO LTD1.13%$63.09M
RICHTER GEDEON NYRT1.13%$63.06M
LOGISTA INTEGRAL SA1.11%$62.10M
SUBSEA 7 SA1.11%$62.10M
VITZROCELL CO LTD1.10%$61.90M
LG INNOTEK CO LTD1.10%$61.49M
TRIPOD TECHNOLOGY CORP1.09%$61.06M
MARUWA CO LTD/AICHI1.06%$59.43M
KAWASAKI HEAVY INDUSTRIES LTD1.06%$59.35M
Showing 10 of 180Sign 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 11.22% of net assets, top 25 25.46%, across 179 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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