Fidelity International Index Fund (FSPSX), is part of the Foreign Large Blend fund category, seeks to provide investment results that correspond to the total return of foreign stock markets. The fund normally invests at least 80% of assets in common stocks included in the MSCI EAFE Index, which represents the performance of foreign stock markets. This fund was started in September 7, 2011 and headquartered in Boston, MA. It has an annual expense ratio of 0.3%.
The fund invests in companies across more than 20 developed countries. The fund invests in companies with a market capitalization of more than $10 billion, with a focus on growth and value stocks. The portfolio holds 892 companies and is weighted across different market sectors including financials at about 16%, industrials at about 15% and health care at about 12.5% as its top three sectors. The fund’s holdings are regionally diversified among Europe, Japan and Asia Pacific (excluding Japan), with only 0.05% allocated toward U.S. investments.
Overall Portfolio Composition (%)
- Cash 2.63%
- Stocks 97.24%
- Bonds 0.05%
- Others 0.09%
Sector Weightings (%)
- Basic Materials 7.77%
- Consumer Cyclical 10.79%
- Financial Services 16.36%
- Real Estate 3.09%
- Consumer Defensive 10.58%
- Healthcare 13.31%
- Utilities 3.88%
- Communication Services 6.00%
- Energy 3.48%
- Industrials 15.06%
- Technology 9.68%
Top 10 Holdings (15.89% of Total Assets)
- MSCI EAFE Index Future Mar 21 (MFSH21) 3.27%
- Fidelity Revere Str Tr (N/A) 2.66%
- Nestle SA (NESN) 2.00%
- Roche Holding AG (ROG) 1.50%
- ASML Holding NV (ASML) 1.41%
- Novartis AG (NOVN) 1.24%
- LVMH Moet Hennessy Louis Vuitton SE (MC.PA) 1.04%
- Unilever PLC (ULVR.L) 0.95%
- Toyota Motor Corp (7263) 0.92%
- AIA Group Ltd (01200.HK) 0.90%
Fidelity International Index Fund has a one year return of more than 9%. This fund is best for investors who are only interested of investing in international stocks.
International fund for long term
Happy with this fund.