Fidelity International Growth Fund (FIGFX) Company Overview

Founding Date and Background

Fidelity International Growth Fund (FIGFX) was launched on November 1, 2007, by Fidelity Investments, a well-established name in the investment management industry. The fund aims to provide long-term growth of capital by investing primarily in non-U.S. securities, including those in emerging markets. The focus is on companies that exhibit above-average growth potential, often referred to as "growth stocks."

Parent Company/Ownership Structure

Fidelity International Growth Fund operates under the umbrella of Fidelity Investments, a privately-owned financial services corporation headquartered in Boston, Massachusetts. Fidelity Investments is one of the largest asset managers in the world, managing trillions in assets across various investment vehicles.

Headquarters Location

The fund's operations are managed by Fidelity Investments, which is headquartered in Boston, Massachusetts, USA. This strategic location enables close proximity to major financial markets and institutions.

Global Business Scope

Fidelity International Growth Fund has a global investment scope, primarily focusing on international equity markets. The fund invests in securities from various countries and regions, with a significant allocation to foreign stocks. As of mid-2025, approximately 76.3% of the fund's portfolio is invested in foreign issues, underscoring its international focus.

Main Regulatory Bodies

Fidelity International Growth Fund is subject to regulation by various financial authorities, primarily the U.S. Securities and Exchange Commission (SEC). Additionally, the fund adheres to regulations applicable in other jurisdictions where it operates, ensuring compliance with local investment laws.

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Company History and Development

Key Milestones

Since its inception in 2007, FIGFX has achieved several key milestones, including consistent performance in the foreign large growth category. The fund has been recognized for its ability to deliver returns that often exceed its benchmark, the MSCI EAFE Growth Index.

Business Expansion Journey

Over the years, Fidelity Investments has expanded its product offerings, including the introduction of FIGFX, to cater to the growing demand for international equity investments. The fund has attracted a diverse investor base, including institutional and retail investors seeking exposure to global markets.

Customer Base Growth

Fidelity International Growth Fund has seen significant growth in its customer base, bolstered by Fidelity Investments' strong brand reputation and extensive distribution network. The fund's assets under management reached approximately $1.7 billion as of mid-2025, reflecting investor confidence and interest in international equity markets.

Platform Development History

The fund has continually refined its investment strategy and portfolio management processes. Fidelity's management team employs fundamental analysis to select investments, focusing on each issuer's financial condition, industry position, and market conditions. This disciplined approach has contributed to the fund's strong historical performance.

Important Awards or Recognitions Received

While specific awards for FIGFX may not be highlighted, Fidelity Investments has received numerous accolades for its overall investment management services, including recognition for excellence in fund management and customer service.

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Trading Services Offered

Forex Trading Options

Fidelity International Growth Fund primarily focuses on international equities rather than forex trading. However, investors can gain indirect exposure to foreign currencies through the fund's investments in non-U.S. securities.

Stock Trading Options

The fund invests primarily in common stocks, with a portfolio comprising 73 securities as of mid-2025. Fidelity's investment strategy emphasizes companies with above-average growth potential across various sectors.

CFD Trading Products

Fidelity International Growth Fund does not offer Contracts for Difference (CFDs) as it is primarily an equity-focused mutual fund. Investors seeking CFD trading may need to explore other platforms.

Other Financial Instruments

The fund does not directly invest in cryptocurrencies or commodities. Its focus remains on equities, particularly those in foreign markets, allowing investors to diversify their portfolios with international growth opportunities.

Special Services or Unique Advantages

One of the unique advantages of investing in FIGFX is its active management approach, which allows for flexibility in portfolio allocation based on market conditions. Additionally, the fund boasts a competitive expense ratio of 0.86%, which is below the category average, making it an attractive option for cost-conscious investors.

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Regulatory and Legal Background

Detailed Regulatory Information

Fidelity International Growth Fund is regulated by the U.S. Securities and Exchange Commission (SEC). This regulatory oversight ensures that the fund adheres to strict compliance standards, protecting investors' interests.

Legal Entity Structure by Region

As an investment fund, FIGFX operates under the legal framework established for mutual funds in the United States. The fund is structured as an open-end investment company, allowing investors to buy and sell shares at the fund's net asset value (NAV).

Client Fund Protection Measures

Fidelity Investments implements robust client fund protection measures, including segregation of client assets and adherence to regulatory requirements. The firm is also a member of the Financial Industry Regulatory Authority (FINRA), providing additional layers of investor protection.

Countries/Regions Served

Fidelity International Growth Fund primarily serves investors in the United States, but it may also cater to international investors through various distribution channels. The fund's global investment strategy allows it to tap into diverse markets across the globe.

Compliance History

Fidelity Investments has a strong compliance history, with a commitment to transparency and regulatory adherence. The firm actively engages in compliance audits and risk management practices to ensure ongoing compliance with applicable laws and regulations.

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Competitive Landscape

3-5 Main Competitors

Fidelity International Growth Fund competes with several other funds in the foreign large growth category, including:

1. Wasatch International Select Investor (WAISX)
2. Artisan International Investor (ARTIX)
3. Marsico International Opportunities (MIOFX)
4. Touchstone Sands Capital International Growth Equity (TPYYX)
5. Valic Company I International Growth (VCINX)

Positioning in the Industry

FIGFX is positioned as a strong contender in the foreign large growth fund category, recognized for its active management and focus on high-growth international equities. Its performance relative to peers has garnered attention from investors seeking exposure to global markets.

Market Differentiation Factors

Fidelity International Growth Fund differentiates itself through several key factors:

• Active Management: The fund employs a fundamental analysis approach to identify growth opportunities in international markets.
• Cost Efficiency: With an expense ratio of 0.86%, FIGFX offers competitive pricing compared to many peers in the foreign large growth category.
• Strong Brand Reputation: Backed by Fidelity Investments, the fund benefits from a well-established reputation in the investment management industry.

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In summary, Fidelity International Growth Fund (FIGFX) offers investors a compelling opportunity to gain exposure to international equity markets through an actively managed fund with a strong track record and competitive pricing. With a focus on growth-oriented companies, FIGFX remains a viable option for those seeking to diversify their investment portfolios globally. For further details on investment opportunities and fund performance, learn more.