0001752724-20-186915.txt : 20200918 0001752724-20-186915.hdr.sgml : 20200918 20200918140834 ACCESSION NUMBER: 0001752724-20-186915 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200731 FILED AS OF DATE: 20200918 PERIOD START: 20201031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY INVESTMENT TRUST CENTRAL INDEX KEY: 0000744822 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04008 FILM NUMBER: 201183637 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY OVERSEAS FUND DATE OF NAME CHANGE: 19861228 0000744822 S000007098 Fidelity Latin America Fund C000019417 Fidelity Latin America Fund FLATX C000092709 Fidelity Advisor Latin America Fund: Class A FLFAX C000092711 Fidelity Advisor Latin America Fund: Class C FLFCX C000092712 Fidelity Advisor Latin America Fund: Class M FLFTX C000092713 Fidelity Advisor Latin America Fund: Class I FLFIX C000205028 Fidelity Advisor Latin America Fund: Class Z FIQMX NPORT-P 1 primary_doc.xml NPORT-P false 0000744822 XXXXXXXX S000007098 C000092709 C000205028 C000092713 C000092711 C000019417 C000092712 Fidelity Investment Trust 811-04008 0000744822 MXNTE4GH7BW81YELH558 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Latin America Fund S000007098 110XFGF854YMTVPIV681 2020-10-31 2020-07-31 N 394564392.17 12844742.95 381719649.22 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 455.49000000 N FIRSTCASH INC 549300V2X3UU7K0DG350 FIRSTCASH INC 33767D105 158770.00000000 NS USD 9151502.80000000 2.397440849246 Long EC CORP US N 1 N N N BANCO DEL BAJIO SA 4469000001BD95FFLY16 BANCO DEL BAJIO SA N/A 6283777.00000000 NS 4836715.35000000 1.267085768281 Long EC CORP MX N 1 N N N UNIFIN FINANCIERA SAB DE CV 5493007GRMPGDJG93Z17 UNIFIN FINANCIERA SAPI DE CV N/A 6595815.00000000 NS 5328813.92000000 1.396001995414 Long EC CORP MX N 1 N N N ITAUSA INVESTIMENTOS ITAU SA N/A ITAUSA (INVEST ITAU) PFD N/A 12926897.00000000 NS 26440845.19000000 6.926770797371 Long EC CORP BR N 1 N N N SUZANO SA 391200AW174YQSDMGG41 SUZANO SA N/A 1476027.00000000 NS 11883933.63000000 3.113262221183 Long EC CORP BR N 1 N N N INTERCORP FINANCIAL SERVICES INC 5299004181WFTEWB1398 INTERCORP FINANCIAL SVCS INC N/A 404931.00000000 NS USD 10224507.75000000 2.678538495697 Long EC CORP PA N 1 N N N RUMO SA N/A RUMO SA N/A 3021723.00000000 NS 12871090.10000000 3.371869938134 Long EC CORP BR N 1 N N N QUALITAS CONTROLADO SAB DE CV N/A QUALITAS CONTROLADO SAB DE CV N/A 5325872.00000000 NS 21516475.02000000 5.636721888424 Long EC CORP MX N 1 N N N CREDITO REAL S A DE C V SOCIEDAD FINANCIERA DE OBJETO MULTIPLE ENTIDAD NO REGULADA 549300W2IL7TPPCTKL39 CREDITO REAL SAB DE CV SOFOM ER N/A 14635664.00000000 NS 8411149.97000000 2.203488866026 Long EC CORP MX N 1 N N N AZUL SA 549300Z0MWZ57Q9RR205 AZUL SA SPONSORED ADR 05501U106 670607.00000000 NS USD 7738804.78000000 2.027353005226 Long EC CORP BR N 1 N N QUALICORP CONSULTORIA E CORRETORA DE SEGUROS SA N/A QUALICORP CONSULTORIA E CORRETORA DE SEGUROS SA N/A 2416870.00000000 NS 12972627.50000000 3.398469931141 Long EC CORP BR N 1 N N N BANCO BMG SA 549300IKNU8A627GPM07 BANCO BMG SA PREF N/A 11175912.00000000 NS 10819096.07000000 2.834304205221 Long EC CORP BR N 1 N N N HAPVIDA PARTICIPACOES E INVESTIMENTOS SA N/A HAPVIDA PARTICIPACOES E INVESTIMENTOS SA N/A 933004.00000000 NS 11650589.10000000 3.052132402355 Long EC CORP BR N 1 N N N COPA HOLDINGS SA 529900BB9UQJV6QQHA59 COPA HOLDINGS SA CL A N/A 116128.00000000 NS USD 4812344.32000000 1.260701231868 Long EC CORP PA N 1 N N N GLOBANT SA 2221008DCMSPYS42DS88 GLOBANT SA N/A 82351.00000000 NS USD 14241781.94000000 3.730953323755 Long EC CORP LU N 1 N N N PETROLEO BRASILEIRO-PETROBRAS 5493000J801JZRCMFE49 PETROBRAS PN (PFD REG) N/A 8246496.00000000 NS 35094499.47000000 9.193789091473 Long EC CORP BR N 1 N N N LOJAS RENNER SA N/A LOJAS RENNER SA N/A 1571824.00000000 NS 12393079.93000000 3.246644482494 Long EC CORP BR N 1 N N N GRUPO AEROPORTUARIO DEL CENTRO NORTE SAB DE CV 529900HUSBARAFSXJ605 GRUPO AERO CENTRO NORTE CL B N/A 1721972.00000000 NS 7096025.71000000 1.858962650861 Long EC CORP MX N 1 N N N LOCAWEB SERVICOS DE INTERNET SA N/A LOCAWEB SERVICOS DE INTERNET SA N/A 1455685.00000000 NS 13366556.73000000 3.501668503917 Long EC CORP BR N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 12362783.25800000 NS USD 12364019.54000000 3.239031463343 Long STIV RF US N 1 N N PAGSEGURO DIGITAL LTD N/A PAGSEGURO DIGITAL LTD CL A N/A 208788.00000000 NS USD 7981965.24000000 2.091054326469 Long EC CORP KY N 1 N N N CVC BRASIL OPERADORA E AGENCIA DE VIAGENS SA N/A CVC BRASIL OPERADORA E AGENCIA DE VIAGENS SA N/A 1940700.00000000 NS 7738171.78000000 2.027187176717 Long EC CORP BR N 1 N N N ATACADAO SA 549300SMI26ISJIRM371 ATACADAO SA N/A 3014373.00000000 NS 12966909.19000000 3.396971891935 Long EC CORP BR N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 1872581.42200000 NS USD 1873143.20000000 0.490711757654 Long STIV RF US N 1 N N N AFYA LTD 54930008Y7J8Z1BSDT57 AFYA LTD N/A 1159442.00000000 NS USD 30319408.30000000 7.942847155485 Long EC CORP KY N 1 N N CIA LOCACAO AMERICAS N/A CIA LOCACAO AMERICAS SA N/A 3305059.00000000 NS 12120228.63000000 3.175164981621 Long EC CORP BR N 1 N N N GENOMMA LAB INTERNACIONAL SA N/A GENOMMA LAB INTERNACIONAL SA N/A 26538731.00000000 NS 28023373.56000000 7.341349500153 Long EC CORP MX N 1 N N N BANCO DO BRASIL SA QE0Q0253K88YAGNPE356 BANCO DO BRASIL SA N/A 1692438.00000000 NS 10894569.79000000 2.854076234289 Long EC CORP BR N 1 N N N HYPERA SA N/A HYPERA SA N/A 1930810.00000000 NS 13369153.41000000 3.502348762322 Long EC CORP BR N 1 N N N CVC BRASIL OPERADORA E AGENCIA DE VIAGENS SA N/A CVC BRASIL OPERADORA E AGENCIA DE VIAGENS SA RT N/A 305524.00000000 NS 948805.01000000 0.248560694200 Long EC CORP BR N 1 N N N LOJAS AMERICANAS SA N/A LOJAS AMERICANAS (PN) N/A 2237595.00000000 NS 14626906.58000000 3.831845337249 Long EC CORP BR N 1 N N N 2020-08-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_349_20200731.htm

Quarterly Holdings Report
for

Fidelity® Latin America Fund

July 31, 2020







LAF-QTLY-0920
1.804841.116





Schedule of Investments July 31, 2020 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 77.5%   
 Shares Value 
Brazil - 34.6%   
Atacadao Distribuicao Comercio e Industria Ltda 2,963,382 $12,747,562 
Azul SA sponsored ADR (a)(b) 670,607 7,738,805 
Banco do Brasil SA 828,259 5,331,673 
Companhia de Locacao das Americas 3,187,798 11,690,212 
CVC Brasil Operadora e Agencia de Viagens SA 1,940,700 7,738,172 
CVC Brasil Operadora e Agencia de Viagens SA rights(a) 305,524 948,805 
Hapvida Participacoes e Investimentos SA (c) 894,329 11,167,647 
Hypermarcas SA 1,930,810 13,369,153 
Locaweb Servicos de Internet SA (c) 1,370,019 12,579,945 
Lojas Renner SA 1,571,824 12,393,080 
Qualicorp Consultoria E Corret 2,249,915 12,076,491 
Rumo SA (a) 2,926,825 12,466,870 
Suzano Papel e Celulose SA (a) 1,476,027 11,883,934 
TOTAL BRAZIL  132,132,349 
Cayman Islands - 2.1%   
PagSeguro Digital Ltd. (a) 208,788 7,981,965 
Luxembourg - 3.4%   
Globant SA (a) 76,407 13,213,827 
Mexico - 19.7%   
Banco del Bajio SA (a)(c) 6,283,777 4,836,715 
Credito Real S.A.B. de CV (a) 14,635,664 8,411,150 
Genomma Lab Internacional SA de CV (a) 26,538,731 28,023,374 
Grupo Aeroportuario Norte S.A.B. de CV (a) 1,721,972 7,096,026 
Qualitas Controladora S.A.B. de CV 5,325,872 21,516,475 
Unifin Financiera SAPI de CV (a) 6,595,815 5,328,814 
TOTAL MEXICO  75,212,554 
Panama - 2.7%   
Intercorp Financial Services, Inc. 404,931 10,224,508 
United States of America - 15.0%   
Afya Ltd. (b) 1,159,442 30,319,408 
First Cash Financial Services, Inc. 158,770 9,151,503 
Vasta Platform Ltd. (a)(d) 932,625 17,719,875 
TOTAL UNITED STATES OF AMERICA  57,190,786 
TOTAL COMMON STOCKS   
(Cost $293,904,213)  295,955,989 
Nonconvertible Preferred Stocks - 22.1%   
Brazil - 22.1%   
Banco BMG SA (c) 11,175,912 10,819,096 
Itausa-Investimentos Itau SA (PN) 12,113,528 24,777,170 
Lojas Americanas SA (PN) 2,116,300 13,834,015 
Petroleo Brasileiro SA - Petrobras (PN) (non-vtg.) 8,246,496 35,094,497 
TOTAL NONCONVERTIBLE PREFERRED STOCKS   
(Cost $98,438,541)  84,524,778 
Money Market Funds - 3.8%   
Fidelity Cash Central Fund 0.14% (e) 1,872,581 1,873,143 
Fidelity Securities Lending Cash Central Fund 0.13% (e)(f) 12,417,143 12,418,385 
TOTAL MONEY MARKET FUNDS   
(Cost $14,291,429)  14,291,528 
TOTAL INVESTMENT IN SECURITIES - 103.4%   
(Cost $406,634,183)  394,772,295 
NET OTHER ASSETS (LIABILITIES) - (3.4)%  (12,937,605) 
NET ASSETS - 100%  $381,834,690 

Categorizations in the Schedule of Investments are based on country or territory of incorporation.

Legend

 (a) Non-income producing

 (b) Security or a portion of the security is on loan at period end.

 (c) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $39,403,403 or 10.3% of net assets.

 (d) Affiliated company

 (e) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (f) Investment made with cash collateral received from securities on loan.

Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $11,626 
Fidelity Securities Lending Cash Central Fund 28,711 
Total $40,337 

Amounts in the income column in the above table include any capital gain distributions from underlying funds. Amount for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities.

Other Affiliated Issuers

An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities. Fiscal year to date transactions with companies which are or were affiliates are as follows:

Affiliate Value, beginning of period Purchases Sales Proceeds Dividend Income Realized Gain (loss) Change in Unrealized appreciation (depreciation) Value, end of period 
Vasta Platform Ltd. $-- $17,719,875 $-- $-- $-- $-- $17,719,875 
Total $-- $17,719,875 $-- $-- $-- $-- $17,719,875 

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund’s valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy. 

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

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