Fidelity Latin America Fund Quote
| FLFTX Fund | USD 16.75 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Fidelity Latin is trading at 16.75 as of the 7th of October 2024; that is No Change since the beginning of the trading day. The fund's open price was 16.75. Fidelity Latin has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Fidelity Latin America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2024 and ending today, the 7th of October 2024. Click here to learn more.
The fund normally invests at least 80 percent of assets in securities of Latin American issuers and other investments that are tied economically to Latin America. It normally invests primarily in common stocks and allocates investment across different Latin American countries. More on Fidelity Latin America
Moving against Fidelity Mutual Fund
Fidelity Mutual Fund Highlights
| Fund Concentration | Fidelity Investments Funds, Large Funds, Latin America Stock Funds, Latin America Stock, Fidelity Investments, Large Blend, Latin America Stock (View all Sectors) |
| Update Date | 30th of September 2024 |
Fidelity Latin America [FLFTX] is traded in USA and was established 7th of October 2024. Fidelity Latin is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Latin America Stock category and is part of Fidelity Investments family. This fund currently has accumulated 456.97 M in assets under management (AUM) with no minimum investment requirementsFidelity Latin America is currently producing year-to-date (YTD) return of 22.95% with the current yeild of 0.05%, while the total return for the last 3 years was -4.07%.
Check Fidelity Latin Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Latin America Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Latin America Mutual Fund Constituents
| GLOB | Globant SA | Stock | Information Technology | |
| IFS | Intercorp Financial Services | Stock | Financials | |
| BAP | Credicorp | Stock | Financials | |
| CPA | Copa Holdings SA | Stock | Industrials |
Fidelity Latin America Risk Profiles
| Mean Deviation | 0.8905 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.43 | |||
| Risk Adjusted Performance | (0.02) |
Fidelity Latin Against Markets
Other Information on Investing in Fidelity Mutual Fund
Fidelity Latin financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Latin security.
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