Fidelity International Discovery Fund Q4 2025 Commentary

Fidelity Investments912 FollowersFollow5ShareSavePlay(13min)CommentsSummaryFidelity International Discovery Fund gained 2.04% for the final three months of 2025, trailing the 4.89% advance of the benchmark MSCI EAFE Index.3i Group net sales rose 17%, but growth decelerated at Dutch discount retailer Action, prompting the market to reprice the stock lower.Tencent Holdings reported solid third-quarter financial results, though operating profit margin slightly missed consensus expectation due to higher expenses.SK Hynix management noted it would increase capital spending to meet demand, prioritizing technology migration and infrastructure build-out for memory solutions.William Kennedy continues to maintain a bottom-up approach to security selection, focused on quality companies with above-average revenue and earnings growth prospects.

Getty Images Performance Review For the final three months of 2025, the fund's Retail Class shares gained 2.04%, trailing the 4.89% advance of the benchmark MSCI EAFE Index (Net MA). International equity markets continued their upward trajectory in theThis article was written byFidelity Investments912 FollowersFollowFidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.