Fidelity Series Emerging Markets Opportunities Fund

Fidelity Investment Trust · 1 share class

Actively managed emerging-markets equity fund
One fund, 1 share class:FEMSX
$30.78B NAV
245 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Series Emerging Markets Opportunities Fund is an actively managed emerging-markets equity fund.

Asset class
Equity
Region
Emerging markets
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2025 Q4

Fidelity Series Emerging Markets Opportunities Fund seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in securities of companies in emerging markets or economically tied to them, as identified by MSCI classifications, World Bank income levels, or the adviser's own assessment of emerging market characteristics. It emphasizes common stocks selected through fundamental analysis of financial condition, industry position, and market conditions, with allocations diversified across emerging market countries and sectors. Multiple Fidelity managers oversee different sectors to construct the portfolio.

Expenses
0.01%one share class
Share classGrossNet
FEMSX0.02%0.01%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 45.00% · as of 2025 Q4

Allocation

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

101.31%
of net assets
Stocks99.47%
Cash & short-term1.65%
Bonds0.15%
Derivatives0.03%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 37 new31 exited

Largest new: PETROCHINA CO LTD, BANK OF NINGBO CO LTD, MEESHO, ALUMINUM CORP CHINA LTD, MTN GROUP LTD, YUMC, BANK OF CHENGDU CO LTD, HUAXIA BANK CO LTD

Largest exited: CHINA MERCHANTS BANK CO LTD, CHINA PETROLEUM and CHEM CORP, MEITUAN, TRIP.COM GROUP LTD, MEESHO, ETERNAL LTD, DUBAI ISLAMIC BANK LTD, SABIC AGRI-NUTRIENTS CO

Return profile

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

1-year
+58.30%
3-year
+92.81%
5-year
+40.99%
Volatility
20.30%
Worst 3-yr fall
-12.19%
Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
0.00%
Avg maturity
0.15 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

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

Issuer%NAVValue
TAIWAN SEMICONDUCTOR MFG CO LTD17.92%$5.52B
SAMSUNG ELECTRONICS CO LTD7.46%$2.30B
SK HYNIX INC5.51%$1.70B
TENCENT HLDGS LTD3.82%$1.17B
ALIBABA GROUP HOLDING LTD2.58%$794.10M
CHINA CONSTRUCTION BANK CORP2.27%$697.90M
DELTA ELECTRONICS INC1.62%$498.26M
MEDIATEK INC1.26%$389.57M
HDFC BANK LTD1.21%$371.05M
PING AN INSURANCE (GROUP) COMPANY OF CHINA LIMITED1.06%$325.25M
Showing 10 of 245Sign 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 44.69% of net assets, top 25 56.23%, across 227 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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