Fidelity® Worldwide Fund

  • Symbol: FWWFX
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Summary

Morningstar® Snapshot*

AS OF 07/31/2015; MORNINGSTAR CATEGORY: World Stock
Returns 4 out of 5, Above Average Returns
LOWAVGHIGH
Expenses 2 out of 5, Below Average Fees
LOWAVGHIGH
Risk of this Category Category Risk Rating:6, where 1 is Lower and 10 is Higher
LOWERHIGHER

*Data provided by Morningstar.

Performance

 3 More Information
AS OF 7/31/2015
Average Annual Returns
YTD (Daily)* 1 Yr 3 Yr 5 Yr 10 Yr
YTD (Daily)* +2.47% 1 Yr +9.41% 3 Yr +16.50% 5 Yr +13.91% 10 Yr +8.25%
*AS OF 8/28/2015; Value is cumulative

Hypothetical Growth of $10,000

 4, 5 More Information
AS OF 07/31/2015; MORNINGSTAR CATEGORY: World Stock
Shows growth of hypothetical $10,000 investment in Fidelity® Worldwide Fund compared to MSCI World (Net MA),World Stock over the selected time period
Fidelity® Worldwide Fund
World Stock

Compare Chart| Fund Facts Search

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

Fund Manager(s)

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William J Kennedy since 1/1/2006 Stephen M DuFour since 10/1/2007

Fund Overview

Objective

Seeks growth of capital.

Strategy

Investing in securities issued anywhere in the world. Normally investing primarily in common stocks.

Risk

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets.

Additional Disclosures

A mutual fund registered under FIDELITY INVESTMENT TRUST, and managed by Fidelity Management & Research Company. This description is only intended to provide a brief overview of the fund. Read the fund's prospectus for more detailed information about the fund.

Details

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Morningstar Category
World Stock
Fund Inception
5/30/1990
NAV
8/28/2015
$22.85
Glossary definition opens in new window.Exp Ratio (Gross)
12/30/2014
0.96%
($9.60 per $1000)
Glossary definition opens in new window.Exp Ratio (Net)
12/30/2014
0.96%
($9.60 per $1000)
Redemption Fee
1.00%
Redemption Period 30 days
Minimum to Invest 6
$2,500.00
Turnover Rate
4/30/2015
154%
Glossary definition opens in new window.Portfolio Net Assets ($M)
7/31/2015
$1,716.75
Glossary definition opens in new window.Share Class Net Assets ($M)
7/31/2015
$1,634.38
12 Month Low-High
7/31/2015
$21.61 - $25.38

Top 10 Holdings

 7 More Information
AS OF 6/30/2015
Top 10 Holdings
MCGRAW HILL FINANCIAL INC
ADOBE SYSTEMS INC
ZEBRA TECHNOLOGIES CORP CL A
CVS HEALTH CORP
ALLERGAN PLC
GILEAD SCIENCES INC
FACEBOOK INC A
WELLS FARGO & CO
VISA INC CL A
UNITEDHEALTH GROUP INC
% of Total Portfolio 20.62%
Total # of holdings: 357 as of 6/30/2015
Total # of issuers: 352 as of 6/30/2015

Quarter-End Average Annual Total Returns

 4, 3 More Information
AS OF 6/30/2015; FUND INCEPTION 5/30/1990 Glossary definition opens in new window.

EXPENSE RATIO (GROSS):
0.96% AS OF 12/30/2014
1 Yr 3 Yr 5 Yr 10 Yr Life
Glossary definition opens in new window.Before Taxes
Fidelity® Worldwide Fund 3.26% 15.85% 15.14% 8.46% 8.01%
MSCI World (Net MA) 1.84% 14.73% 13.55% 6.80% 6.96%
World Stock 0.60% 13.46% 12.29% 6.65% --
Glossary definition opens in new window.After Taxes on Distributions
Fidelity® Worldwide Fund 0.53% 13.79% 13.87% 7.31% 6.93%
World Stock -2.19% 11.76% 11.13% 5.62% --
Glossary definition opens in new window.After taxes on distributions and sale of fund shares
Fidelity® Worldwide Fund 3.39% 12.01% 11.95% 6.78% 6.53%
World Stock 0.34% 9.87% 9.37% 5.08% --

Performance & Risk

Average Annual Total Returns

 8, 4, 3 More Information
AS OF 7/31/2015; FUND INCEPTION 5/30/1990
1 Yr 3 Yr 5 Yr 10 Yr Life
Fidelity® Worldwide Fund 9.41% 16.50% 13.91% 8.25% 8.09%
MSCI World (Net MA) 5.36% 14.93% 12.19% 6.62% 7.02%
World Stock 4.08% 13.63% 10.94% 6.33% --
Rank in Morningstar Category 15% 18% 9% 12% --
# of Funds in Morningstar Category 1201 975 732 384 --

Hypothetical Growth of $10,000

 4, 5 More Information
AS OF 07/31/2015; MORNINGSTAR CATEGORY: World Stock
Fidelity® Worldwide Fund
World Stock
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
This Fund 13.57% 17.42% 18.49% -40.24% 28.53% 17.04% -6.73% 18.76% 31.55% 0.48% 9.33%
Benchmark 9.89% 20.50% 9.42% -40.44% 30.55% 12.16% -5.19% 16.34% 27.18% 5.36% 4.74%
Category 11.61% 19.72% 11.28% -41.91% 35.27% 13.74% -7.93% 15.84% 25.19% 2.79% 4.47%
+/- Benchmark 3.68% -3.08% 9.07% 0.20% -2.02% 4.88% -1.54% 2.42% 4.37% -4.88% 4.59%
+/- Category 1.96% -2.30% 7.21% 1.67% -6.74% 3.30% 1.20% 2.92% 6.36% -2.31% 4.86%

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The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

Quarter-End Average Annual Total Returns

 4, 3 More Information
AS OF 6/30/2015; FUND INCEPTION 5/30/1990 Glossary definition opens in new window.

EXPENSE RATIO (GROSS):
0.96% AS OF 12/30/2014
1 Yr 3 Yr 5 Yr 10 Yr Life
Glossary definition opens in new window.Before Taxes
Fidelity® Worldwide Fund 3.26% 15.85% 15.14% 8.46% 8.01%
MSCI World (Net MA) 1.84% 14.73% 13.55% 6.80% 6.96%
World Stock 0.60% 13.46% 12.29% 6.65% --
Glossary definition opens in new window.After Taxes on Distributions
Fidelity® Worldwide Fund 0.53% 13.79% 13.87% 7.31% 6.93%
World Stock -2.19% 11.76% 11.13% 5.62% --
Glossary definition opens in new window.After taxes on distributions and sale of fund shares
Fidelity® Worldwide Fund 3.39% 12.01% 11.95% 6.78% 6.53%
World Stock 0.34% 9.87% 9.37% 5.08% --

Cumulative Total Returns

 3 More Information
AS OF 7/31/2015
YTD (Daily)* YTD (Monthly) 1 Month 3 Months 6 Months
Fidelity® Worldwide Fund 2.47% 9.33% 2.39% 3.74% 9.97%
Fidelity® Worldwide Fund  (Load Adjusted) -- -- 1.37% -- --
MSCI World (Net MA) -- 4.74% 1.83% -0.11% 6.65%
World Stock -- 4.47% 1.01% -0.66% 5.56%
*AS OF 8/28/2015

Fund Risk and Return

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AS OF 7/31/2015; MORNINGSTAR CATEGORY: World Stock
Risk of this Category Category Risk Rating:6, where 1 is Lower and 10 is Higher
LOWERHIGHER

Risk

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets.

Volatility Measures

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Beta 1.00
AS OF 7/31/2015

A measure of a portfolio's sensitivity to market movements (as represented by a benchmark index). The benchmark index has a beta of 1.0. A beta of more (less) than 1.0 indicates that a fund's historical returns have fluctuated more (less) than the benchmark index. Beta is a more reliable measure of volatility when used in combination with a high R2 which indicates a high correlation between the movements in a fund's returns and movements in a benchmark index.

R2 0.81
AS OF 7/31/2015

A measurement of how closely the portfolio's performance correlates with the performance of the fund's primary benchmark index or equivalent. R2 is a proportion which ranges between 0.00 and 1.00. An R2 of 1.00 indicates perfect correlation to the benchmark index, that is, all of the portfolio's fluctuations are explained by performance fluctuations of the index, while an R2 of 0.00 indicates no correlation. Therefore, the lower the R2, the more the fund's performance is affected by factors other than the market as measured by that benchmark index. An R2 value of less than 0.5 indicates that the Annualized Alpha and Beta are not reliable performance statistics.

Sharpe Ratio 1.64
AS OF 7/31/2015

The Sharpe ratio is a measure of historical adjusted performance calculated by dividing the fund's excess returns (fund's average monthly returns minus the average monthly return of the Salomon Smith Barney 3-Month T-Bill Index) by the standard deviation of those returns. The higher the ratio, the better the fund's return per unit of risk.

Standard Deviation 9.64
AS OF 7/31/2015

Statistical measure of how much a return varies over an extended period of time. The more variable the returns, the larger the standard deviation. Investors may examine historical standard deviation in conjunction with historical returns to decide whether an investment's volatility would have been acceptable given the returns it would have produced. A higher standard deviation indicates a wider dispersion of past returns and thus greater historical volatility. Standard deviation does not indicate how an investment actually performed, but it does indicate the volatility of its returns over time. Standard deviation is annualized. The returns used for this calculation are not load-adjusted.

Historical Fund Performance

 3 More Information
Current year's data as of: 7/31/2015
Year Total Returns Capital Gains Dividends Glossary definition opens in new window.Share Class Net Assets ($M)
2015 9.33% -- -- $1,634.38
2014 0.48% $2.413 $0.08 $1,497.50
2013 31.55% $1.979 $0.087 $1,564.15
2012 18.76% $0.08 $0.159 $1,113.69
2011 -6.73% -- $0.065 $1,075.39
2010 17.04% $0.046 $0.1 $1,169.74
2009 28.53% $0.015 $0.097 $1,059.48
2008 -40.24% -- $0.17 $875.11
2007 18.49% $2.38 $0.12 $1,696.97
2006 17.42% $2.66 $0.17 $1,376.76

Ratings

Morningstar Ratings

AS OF 07/31/2015; MORNINGSTAR CATEGORY: World Stock
Overall
4 out of 5 stars
Out of 975 funds
3 Yr
4 out of 5 stars
Out of 975 funds
5 Yr
4 out of 5 stars
Out of 732 funds
10 Yr
4 out of 5 stars
Out of 384 funds

An overall rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Metrics as of the date stated. The number of funds in the World Stock category tracked by Morningstar was 975 for the 3 year period and Overall Ranking; 732 for the 5 year period; and 384 for the 10 year period.

Past performance is no guarantee of future results.

Lipper Ranking

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AS OF 7/31/2015; LIPPER PEER GROUP: Global
1 Yr
#129 out of 933 funds
5 Yr
#35 out of 546 funds
10 Yr
#29 out of 273 funds

The fund is ranked based on total return. Each fund is ranked within a universe of funds with similar investment objectives. Rankings include the reinvestment of dividends and capital gains but exclude the effect of a fund's sales load, if applicable. Lipper Inc. is a nationally recognized organization that ranks the performance of mutual funds.

Past performance is no guarantee of future results.

Composition

Major Market Sectors

 7 More Information
AS OF 7/31/2015
Portfolio Weight MSCI World (Net MA)
Financials 20.32% 21.11%
Information Technology 20.07% 13.33%
Health Care 18.65% 13.83%
Consumer Discretionary 13.61% 13.18%
Consumer Staples 10.72% 9.96%
Industrials 7.06% 10.61%
Energy 3.04% 6.73%
Telecommunication Services 2.45% 3.39%
Materials 1.06% 4.76%
Utilities 0.52% 3.09%
Other 0.00% 0.00%

Asset Allocation

 9, 10, 11, 7 More Information
AS OF 7/31/2015
Fund
International Equities 44.43%
Developed Markets 40.83%
Emerging Markets 3.60%
Tax-Advantaged Domiciles 0.00%
Domestic Equities 53.08%
Bonds 0.08%
Cash & Net Other Assets 2.41%
Additional Allocations
AS OF 12/31/2014
Futures, Options, and Swaps 1.52%
FX Forwards 0.14%

Top 10 Holdings

 7 More Information
AS OF 6/30/2015
MCGRAW HILL FINANCIAL INC
ADOBE SYSTEMS INC
ZEBRA TECHNOLOGIES CORP CL A
CVS HEALTH CORP
ALLERGAN PLC
GILEAD SCIENCES INC
FACEBOOK INC A
WELLS FARGO & CO
VISA INC CL A
UNITEDHEALTH GROUP INC
% of Total Portfolio 20.62%
Total # of holdings: 357 as of 6/30/2015
Total # of issuers: 352 as of 6/30/2015

Regional Diversification

 7 More Information
AS OF 7/31/2015
United States
55.48%
Europe
29.52%
Japan
6.68%
Asia-Pacific ex Japan
3.76%
Emerging Markets
3.64%
Canada
0.92%
Other
0.00%

Country Diversification

 7 More Information
AS OF 7/31/2015
USA
55.45%
United Kingdom
10.22%
Japan
6.68%
France
3.77%
Ireland
3.71%
Switzerland
2.38%
Germany
2.37%
Netherlands
1.99%
Hong Kong
1.69%
India
1.40%
Italy
1.13%
Israel
1.06%

Currency Diversification

 7 More Information
AS OF 7/31/2015
U.S. Dollar
59.84%
European Monetary Unit (Euro)
12.10%
UK Pound
10.64%
Japanese Yen
6.68%
Swiss Franc
2.38%
Hong Kong Dollar
1.70%
Indian Rupee
1.08%
Swedish Krona
0.98%
Canadian Dollar
0.88%
Australian Dollar
0.76%
Danish Krone
0.66%
South African Rand
0.49%
Israeli Shekel
0.35%
Chinese Yuan
0.26%
New Taiwan Dollar
0.25%
New Zealand Dollar
0.24%
Chilean Peso
0.18%
South Korean Won
0.14%
Indonesian Rupiah
0.14%
Philippine Peso
0.12%
Kenyan Shilling
0.07%
Turkish Lira
0.04%
Norwegian Krone
0.02%

Fund Facts

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Fiscal Year End
October
Fund Inception
5/30/1990
Fund Number
318
Fund Symbol
FWWFX
Order Cutoff Time
04:00 PM EST

Fees and Distributions

Expenses & Fees

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0.96%
($9.60 per $1000)
12/30/2014
0.96%
($9.60 per $1000)
12/30/2014
Distribution and/or service fee(12b-1) Fees
0.00%
Short-Term Redemption Fee
1.00%
Short-Term Redemption Period
30 Days
Small Balance Fee 12

See prospectus for more information on Fees, Expenses & Loads.

Minimums

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Initial Investment
$2,500.00
Additional Investment
$0.00
Initial IRA Investment
$2,500.00
Additional IRA Investment
$0.00
Initial Group Retirement Investment 6
$500.00
Additional Group Retirement Investment
$0.00
Required Balance
$2,000.00

Features

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Retirement Accounts
yes
Check Writing
no
Direct Deposit
yes
Automatic Account Builder
yes
Max Exchange Redemptions in a Year
yes
Simple IRA
yes

Distribution

Dividend History

Date Per Share Amount Reinvestment Price
12/05/14 $0.08 $22.80
12/06/13 $0.087 $23.65
12/07/12 $0.159 $20.02
12/02/11 $0.065 $17.48

Capital Gains History

Date Per Share Amount Reinvestment Price
12/05/14 $2.413 $22.80
12/06/13 $1.979 $23.65
12/07/12 $0.08 $20.02
12/03/10 $0.046 $18.28

Pricing

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AS OF 7/31/2015
NAV
$22.85
8/28/2015
12 Month Low-High
$21.61 - $25.38
Monthly Low-High
$23.29 - $24.68
On 7/31/2015
$24.38

Price History By Month

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Actual Values: Jul. 2015 to Jul. 2014

Close Low High
Jul $24.38 $23.29 $24.68
Jun $23.81 $23.66 $24.58
May $23.98 $23.39 $24.36
Apr $23.50 $23.44 $24.03
Mar $23.46 $22.94 $24.04
Feb $23.51 $22.34 $23.58
Jan $22.17 $21.61 $22.69
Dec $22.30 $21.67 $25.24
Nov $25.23 $24.80 $25.31
Oct $24.92 $22.78 $24.92
Sep $24.53 $24.53 $25.38
Aug $25.28 $24.26 $25.33
Jul $24.72 $24.72 $25.89

Commentary

Quarterly Fund Review

Portfolio Manager Q&A

Chairman's Message

The "Mutual Funds" area at the top of each page allows access to mutual fund holdings with individual and joint Fidelity non-retirement accounts. Individual stock positions, ETFs and 529 funds are not available through this view. For the full list of your holdings visit Portfolio Summary.

Mutual Funds are priced as of the previous business day's market close when the market is open. Mutual fund positions are priced as of the official market close (typically 4p.m.) and prices are generally available between 5 p.m. and 6p.m.

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2015 Morningstar, Inc. All rights reserved. The Morningstar information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Fidelity does not review the Morningstar data and, for fund performance, you should check the fund's current prospectus or other product materials for the most up-to-date information concerning applicable loads, fees and expenses.

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

1. No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. However, the fund may charge a short-term trading or redemption fee to protect the interests of long-term shareholders of the fund. Shares are subject to the fund's management and operating expenses. See Expenses & Fees for more information.

2. The funds on the Fund Picks From Fidelity list are selected based on certain selection criteria. Fund Picks From Fidelity is not a personalized recommendation or endorsement of any fund for an investor's individual circumstances.

3. Total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated and are cumulative if the fund is less than one year old. Total returns do not reflect the fund's [%] sales charge. If sales charges were included, total returns would have been lower.

4. The Morningstar Category Average is the average return for the peer group based on the returns of each individual fund within the group, for the period shown. This average assumes reinvestment of dividends.

5. This chart illustrates the performance of a hypothetical $10,000 investment made in this investment product (and a benchmark or category average, if shown) from the beginning date shown or on the inception date of the product (whichever is later). The inception date used for products with underlying funds, or multiple shares classes, or are offered as a separate account, strategy or sub account, may be the inception date of the underlying fund, the earliest share class of the product, or the date composite performance for the product was first made available. The product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Benchmark returns include reinvestment of capital gains and dividends, if any, but do not reflect any fees or expenses. It is not possible to invest in an index. Past performance is no guarantee of future results. This chart is not intended to imply any future performance of the investment product.

6. Initial minimum investments into group retirement accounts such as Fidelity Simplified Employee Pension-IRA, Keogh, Self-Employed 401(k), and Non-Fidelity Prototype Retirement accounts are $500 or higher. There is no minimum for additional investments in any type of Fidelity fund you already own.

7. Any holdings, asset allocation, diversification breakdowns or other composition data shown are as of the date indicated and are subject to change at any time. They may not be representative of the fund's current or future investments. The Top Ten holdings do not include money market instruments or futures contracts, if any. Depository receipts are normally combined with the underlying security. Some breakdowns may be intentionally limited to a particular asset class or other subset of the fund's entire portfolio, particularly in multi-asset class funds where the attributes of the equity and fixed income portions are different.

Under the asset allocation section, international (or foreign) assets may be reported differently depending on how an investment option reports its holdings. Some do not report international (or foreign) holdings here, but instead report them in a "Regional Diversification" section. Some report them in this section in addition to the equity, bond and other allocation shown. Others report international (or foreign) holding as a subset of the equity and bond allocations shown. If the allocation without the foreign component equals (or rounds to) 100%, then international (or foreign) is a subset of the equity and bond percentage shown.

8. Percent Rank in Category is the fund's total-return percentile rank relative to all funds that have the same Morningstar Category. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The top-performing fund in a category will always receive a rank of 1. % Rank in Category is based on total returns which include reinvested dividends and capital gains, if any, and exclude sales charges.

9. The percent of net assets invested in both domestic and foreign Equities (common stocks, preferred stocks, rights and warrants, convertible preferred stocks and stock index futures and options), Bond (all debt instruments, including investment grade, non-investment grade, non-rated securities and convertible bonds), and Cash & Net Other Assets (cash, repurchase agreements, receivables and payables).

10. Net Other Assets can include fund receivables, fund payables, and offsets to other derivative positions, as well as certain assets that do not fall into any of the Portfolio Composition categories. Depending on the extent to which the fund invests in derivatives and the number of positions that are held for future settlement, Net Other Assets can be a negative number.

11. "Tax-Advantaged Domiciles" represent countries whose tax policies may be favorable for company incorporation.

12. Fidelity may deduct a small balance maintenance fee of $12.00 from a fund balance with a value less than $2,000. Fund positions opened after September 30 will not be subject to the fee for that calendar year. This fee will not be deducted from fund positions opened after January 1 of that calendar year if those positions use regular investment plans. Refer to the fund prospectus for details.

Generally, data on Fidelity mutual funds is provided by FMR, LLC, Morningstar ratings and data on non-Fidelity mutual funds is provided by Morningstar, Inc. and data on non-mutual fund products is provided by the product's investment manager, trustee or issuer or the plan sponsor whose plan is offering the product to participants. Although Fidelity believes the data gathered from these third-party sources is reliable, it does not review such information and cannot warrant it to be accurate, complete or timely. Fidelity is not responsible for any damages or losses arising from any use of this third-party information.

Before investing, consider the investment objectives, risks, charges and expenses of the fund or annuity and its investment options. Contact Fidelity for a free prospectus and, if available, summary prospectus containing this information. Read it carefully.