05/11/2021 | Press release | Archived content
Supplement to the
Fidelity® Emerging Markets Fund
Class K
December 30, 2020
Prospectus
The following information replaces similar information found in the 'Fund Summary' section under the 'Principal Investment Risks' heading.
The following information replaces similar information found in the 'Fund Summary' section under the 'Performance' heading.
Year-by-Year Returns
During the periods shown in the chart: | Returns | Quarter ended |
Highest Quarter Return | 23.88% | June 30, 2020 |
Lowest Quarter Return | (24.01)% | September 30, 2011 |
Year-to-Date Return | 1.90% | March 31, 2021 |
Average Annual Returns
For the periods ended December 31, 2020 | Past 1 year | Past 5 years | Past 10 years |
Class K | 32.66% | 17.39% | 6.82% |
MSCI Emerging Markets Index (reflects no deduction for fees or expenses) |
18.32% | 12.84% | 3.67% |
The 'Debt Securities' information has been removed from the 'Investment Details' section under the 'Description of Principal Security Types' heading.
EMF-K-21-01 1.900365.109 |
May 11, 2021 |
Supplement to the
Fidelity's Targeted International Equity Funds®
December 30, 2020
Prospectus
Effective February 1, 2021, the following information supplements similar information for Fidelity® China Region Fund found in the 'Fund Summary' section under the 'Portfolio Manager(s)' heading.
Peifang Sun (co-manager) has managed the fund since February 2021.
It is expected that Mr. Lieu will transition off of the fund effective on or about August 1, 2021.
The following information replaces similar information for Fidelity® Emerging Markets Fund found in the 'Fund Summary' section under the 'Principal Investment Risks' heading.
The following information replaces similar information for Fidelity® Emerging Markets Fund found in the 'Fund Summary' section under the 'Performance' heading.
Year-by-Year Returns
During the periods shown in the chart: | Returns | Quarter ended |
Highest Quarter Return | 23.85% | June 30, 2020 |
Lowest Quarter Return | (24.04)% | September 30, 2011 |
Year-to-Date Return | 1.86% | March 31, 2021 |
Average Annual Returns
After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan).Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.
For the periods ended December 31, 2020 | Past 1 year | Past 5 years | Past 10 years |
Fidelity® Emerging Markets Fund | |||
Return Before Taxes | 32.54% | 17.23% | 6.64% |
Return After Taxes on Distributions | 32.23% | 17.07% | 6.58% |
Return After Taxes on Distributions and Sale of Fund Shares | 19.69% | 14.06% | 5.46% |
MSCI Emerging Markets Index (reflects no deduction for fees or expenses) |
18.32% | 12.84% | 3.67% |
Effective February 1, 2021, the following information supplements similar information for Fidelity® Pacific Basin Fund found in the 'Fund Summary' section under the 'Portfolio Manager(s)' heading.
Stephen Lieu (co-manager) has managed the fund since February 2021.
It is expected that Mr. MacDonald will retire effective on or about December 31, 2021. At that time, Mr. Lieu will assume co-manager responsibilities for Mr. MacDonald's portion the fund's assets.
The 'Debt Securities' information has been removed from the 'Investment Details' section under the 'Description of Principal Security Types' heading.
Effective February 1, 2021, the following information supplements the biographical information for Fidelity® China Region Fund and Fidelity® Pacific Basin Fund found in the 'Fund Management' section under the 'Portfolio Manager(s)' heading.
Peifang Sun is co-manager of Fidelity® China Region Fund, which she has managed since February 2021. Since joining Fidelity Investments in 2008, Ms. Sun has worked as a Research Analyst and portfolio manager.
It is expected that Mr. Lieu will transition off of Fidelity® China Region Fund effective on or about August 1, 2021.
Stephen Lieu is co-manager of Fidelity® Pacific Basin Fund, which he has managed since February 2021. Since joining Fidelity Investments in 2013, Mr. Lieu has worked as a summer intern, research analyst, and portfolio manager.
It is expected that Mr. MacDonald will retire effective on or about December 31, 2021. At that time, Mr. Lieu will assume co-manager responsibilities for Mr. MacDonald's portion Fidelity® Pacific Basin Fund's assets.
TIF-21-02 1.483702.205 |
May 11, 2021 |