Fidelity Pacific Basin Fund FPBFX seeks capital growth for the long run. FPBFX invests a bulk of its assets in securities companies which are based economically to the Pacific Basin. FPBFX allocates its assets in various Pacific Basin countries.
This Pacific Rim - Equity product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 12.1% and 5 year 14.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
FPBFX’s performance, as of the last filing, when compared to funds in its category was in the top 18% over the past 3 years and in the top 14% over the past 5 years.
The Fidelity Pacific Basin fund, as of the last filing, allocates their fund in top two major groups; Foreign Stock and Intermediate Bond. Further, as of the last filing, Naspers Ltd Class N, Taiwan Semiconductor Manufacturing Co Ltd and Alibaba (NYSE:BABA) Group Holding Ltd were the top holdings for FPBFX.
This Zacks Rank #2 (Buy) was incepted in October 1986 and is managed by Fidelity. FPBFX carries an expense ratio of 1.19% and requires a minimal initial investment of $2,500.
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