Fidelity Investment Trust - Fidelity Nordic Fund (FNORX)
Fidelity Investment Trust - Fidelity Nordic Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $70.60, up 0.81% on the session, giving a market capitalisation of $347.1M. On trailing twelve-month figures it carries a trailing P/E of 83.06, a net margin of 5.1%. Its beta of 0.87 implies it has historically moved less than the broad market.
This fund primarily directs its capital, allocating a minimum of 80% of its total holdings, towards companies based in or economically linked to the Nordic region, specifically Denmark, Finland, Norway, and Sweden. Its core strategy involves investing predominantly in common stocks, with a focus on diversifying across these various Nordic nations. The fund limits its exposure to any single industry sector that accounts for more than 20% of the Nordic market, capping such investments at 35% of its total assets. To select investments, management employs a comprehensive fundamental analysis, carefully assessing each issuer's financial strength, market position, and the prevailing market and economic conditions.
Fidelity Investment Trust - Fidelity Nordic Fund is most often compared with the following Financial Services names: