Fidelity International Small Cap Fund Q1 2026 Commentary
Fidelity International Small Cap Fund's Retail Class shares had a slight negative return in Q1 2026, outperforming its benchmark index. The fund's positioning in emerging markets and stock selection in South Korea contributed positively to its performance. Management made adjustments to the portfolio for risk management while maintaining a favorable view on certain holdings.
- ▪The fund returned -0.22% for the three months ending March 31, 2026.
- ▪This performance was better than the benchmark index's return of -0.45%.
- ▪The fund's positioning in emerging markets and stock selection in South Korea were key factors in its performance.
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