International investing with Fidelity

Balancing international and US investments not only helps diversify your portfolio, but also introduces you to the growth potential offered globally.


Looking internationally may be the perfect complement to your portfolio

It's easy to think local. But investing in companies outside of the US can play a key role in helping you diversify, balance risk, and avoid missing out on global opportunities. And, investing with actively managed funds—the experts do the selecting—makes it easy to add international investments as a core part of your portfolio.

  • Lower price-to-earnings ratios*
    International companies currently have lower price-to-earnings ratios than US stocks1, which means they may be undervalued. And, when investing in actively managed funds, you can benefit from having portfolio managers who can use their skills to try to find the best buys.
  • Outperformance that's been cyclical
    Over the past 4 decades, US and international stock performance leadership has generally alternated2—US markets have outperformed over the past decade. Although there's no guarantee that this cycle will continue, investing in international funds may be able to offer you a good balance with further growth potential.
  • Benefits of actively managed funds
    Unlike index funds, portfolio managers of active funds research companies around the globe and have the flexibility to buy and sell as opportunities shift. Actively managed funds have the potential to outperform the markets.

*Price-to-earnings ratio is a company's current share price, divided by its per-share earnings.

Why invest internationally with Fidelity?

International markets are changing. With over 55 years of experience investing in international markets, backed by a global team of almost 300 research analysts, Fidelity is uniquely positioned to manage international stock portfolios for investors.

International equity funds at Fidelity

Fidelity® Diversified International Fund (FDIVX)
Fidelity's flagship international fund seeks long-term capital growth by investing primarily in the markets of the MSCI EAFE Index.

Fidelity® Emerging Markets Fund (FEMKX)
This fund is designed as a core holding for growth-oriented investors seeking emerging-markets exposure. It primarily invests in companies benefiting from structural growth trends.

Fidelity® International Capital Appreciation Fund (FIVFX)
An opportunistic, go-anywhere fund dedicated to investing in high-quality companies outside the US that may also benefit from long-term megatrends.