Why Fidelity Pacific Basin Fund (FPBFX) Worth Another Look?

FPBFX

Fidelity Pacific Basin Fund (FPBFX - Free Report) seeks capital growth for the long run. FPBFX invests a bulk of its assets in securities companies which are based economically to the Pacific Basin. FPBFX allocates its assets in various Pacific Basin countries.

This Pacific Rim - Equity product has a history of positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 12.1% and 5 year 14.2%. 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 18% over the past 3 years and in the top 14% over the past 5 years.    

The Fidelity Pacific Basin fund, as of the last filing, allocates their fund in top two major groups; Foreign Stock and Intermediate Bond. Further, as of the last filing, Naspers Ltd Class N, Taiwan Semiconductor Manufacturing Co Ltd and Alibaba Group Holding Ltd were the top holdings for FPBFX.

This Zacks Rank #2 (Buy) was incepted in October 1986 and is managed by Fidelity. FPBFX carries an expense ratio of 1.19% and requires a minimal initial investment of $2,500.

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