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Fidelity Overseas Fund Q4 2025 Commentary

Seeking Alpha
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⚡ Quantum Brief
The fund’s Retail Class underperformed its benchmark in Q4 2025, gaining just 0.40% versus the MSCI EAFE Index’s 4.89% rise, reflecting challenges in its high-quality growth stock strategy. Growth-value stock disparity hurt performance, as the fund’s focus on growth equities clashed with broader market trends favoring value-oriented investments during the quarter. Overweighting Danish transport giant DSV boosted returns, with the logistics firm’s strong Q3 earnings mitigating broader portfolio headwinds. Geographic allocations leaned heavily toward Spain and France by year-end, signaling confidence in these markets despite the fund’s overall lagging returns. Fidelity’s $12.6 trillion assets under administration underscore its scale, though this commentary highlights tactical struggles in international equity selection.
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Fidelity Investments932 FollowersFollow5ShareSavePlay(10min)CommentsSummaryFidelity Overseas Fund is a diversified international equity strategy that seeks long-term capital growth.For the three months ending December 31, 2025, the fund's Retail Class shares gained 0.40%, notably trailing the 4.89% advance of the benchmark MSCI EAFE Index (Net MA).Within the fund, the disparity between growth and value stocks presented a headwind for the fund, which focuses high-quality growth stocks.Overweighting DSV worked in the portfolio's favor, as the world's second-largest transport and logistics provider delivered solid Q3 earnings.The fund's top geographic overweights at year-end were Spain and France. AlexSecret/E+ via Getty Images Performance Review For the three months ending December 31, 2025, the fund's Retail Class shares gained 0.40%, notably trailing the 4.89% advance of the benchmark MSCI EAFE Index (Net MA). International developed-market equities advanced inThis article was written byFidelity Investments932 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.

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