Fidelity International Real Estate Fund (FIREX)
Fidelity International Real Estate Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.53, up 0.11% on the session, giving a market capitalisation of $293.0M. Its beta of 0.88 implies it has historically moved less than the broad market.
This fund primarily aims for long-term growth in its investment value. It typically allocates its capital mainly to common stocks of companies located outside the United States. A substantial portion of its portfolio, at least 80% of its assets, is concentrated in firms predominantly operating within the real estate sector or other investments tied to real estate. The fund diversifies its holdings by spreading them across various international countries and geographic areas. Investment selections are made using thorough fundamental analysis, scrutinizing factors such as each issuer's financial stability, its competitive standing in the industry, and broader market and economic trends. Notably, this fund operates as a non-diversified investment.
Fidelity International Real Estate Fund is most often compared with the following Financial Services names: