Intro Guide to the Fidelity Pacific Basin (FPBFX) Fund

Fidelity Pacific Basin Fund (FPBFX) a Zacks Rank #2 (Buy) was incepted in October 1986 and is managed by Fidelity Group. The objective of FPBFX is to seek long term capital growth. FPBFX invests at least 80% of assets in securities of issuers that have their principal activities in the Pacific Basin. FPBFX invests primarily in common stocks.

This Pacific - Equity product, as of the last filing, allocates their fund in three major groups; Foreign Stock, Intermediate Bond and Emerging Market. Further, as of the last filing, Taiwan Semiconductor Manufacturing Co Ltd, Naspers Ltd Class N and Astellas Pharma Inc were the top holdings for FPBFX.

The Fidelity Pacific Basin fund, managed by Fidelity, carries an expense ratio of 1.17%. Moreover, FPBFX requires a minimal initial investment of $2,500.

FPBFX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 5.7% and 5 year 11%. 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 9% over the past 1 year, in the top 17% over the past 3 years, and in the 11% over the past 5 years.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

View All Zacks #1 Ranked Mutual Funds
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Get Your Free (FPBFX): Fund Analysis Report
To read this article on click here.
Zacks Investment Research