0001752724-21-205699.txt : 20210924 0001752724-21-205699.hdr.sgml : 20210924 20210924100457 ACCESSION NUMBER: 0001752724-21-205699 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210731 FILED AS OF DATE: 20210924 PERIOD START: 20211031 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: 211274889 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 S000007107 Fidelity Canada Fund C000019436 Fidelity Canada Fund FICDX C000047986 Fidelity Advisor Canada Fund: Class A FACNX C000047988 Fidelity Advisor Canada Fund: Class C FCCNX C000047989 Fidelity Advisor Canada Fund: Class M FTCNX C000047990 Fidelity Advisor Canada Fund: Class I FICCX C000205032 Fidelity Advisor Canada Fund: Class Z FIQEX NPORT-P 1 primary_doc.xml NPORT-P false 0000744822 XXXXXXXX S000007107 C000047990 C000019436 C000047988 C000047989 C000205032 C000047986 Fidelity Investment Trust 811-04008 0000744822 MXNTE4GH7BW81YELH558 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Canada Fund S000007107 IHPMTWDTIFJ50IDABX14 2021-10-31 2021-07-31 N 986321297.22 105053347.64 881267949.58 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 710596.12000000 N PRAIRIESKY ROYALTY LTD 529900AXG582AP7CV733 PRAIRIESKY ROYALTY LTD 739721108 1511018.00000000 NS 16931734.24000000 1.921292411470 Long EC CORP CA N 1 N N DIVERSIFIED RTY CORP N/A DIVERSIFIED ROYALTY CORP 255331100 184600.00000000 NS 426136.58000000 0.048354939062 Long EC CORP CA N 1 N N 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87676692.85000000 9.948925623788 Long EC CORP CA N 1 N N APPLYBOARD N/A APPLYBOARD INC SER A-3 PFD PP N/A 92.00000000 NS USD 9928.53000000 0.001126618754 Long EP CORP CA Y 3 N N N SUNCOR ENERGY INC 549300W70ZOQDVLCHY06 SUNCOR ENERGY INC 867224107 1197400.00000000 NS 23571773.00000000 2.674756640274 Long EC CORP CA N 1 N N N WHEATON PRECIOUS METALS CORP 549300XSFG5ZCGVYD886 WHEATON PRECIOUS METALS CORP 962879102 496300.00000000 NS 22925432.03000000 2.601414477960 Long EC CORP CA N 1 N N N 2021-08-30 Stacie M. Smith Stacie M. Smith Stacie M. Smith President and Treasurer XXXX NPORT-EX 2 QTLY_309_20210731.htm

Quarterly Holdings Report
for

Fidelity® Canada Fund

July 31, 2021







CAN-QTLY-0921
1.804819.117





Schedule of Investments July 31, 2021 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 99.0%   
 Shares Value 
COMMUNICATION SERVICES - 5.2%   
Diversified Telecommunication Services - 2.7%   
TELUS Corp. 1,087,200 $24,147,413 
Interactive Media & Services - 0.2%   
VerticalScope Holdings, Inc. 72,900 1,704,467 
Media - 0.6%   
Shaw Communications, Inc. Class B 176,800 5,163,988 
Wireless Telecommunication Services - 1.7%   
Rogers Communications, Inc. Class B (non-vtg.) 293,500 14,980,827 
TOTAL COMMUNICATION SERVICES  45,996,695 
CONSUMER DISCRETIONARY - 4.6%   
Hotels, Restaurants & Leisure - 1.9%   
Restaurant Brands International, Inc. 242,500 16,545,046 
Multiline Retail - 2.1%   
Dollarama, Inc. 401,900 18,925,637 
Specialty Retail - 0.1%   
Diversified Royalty Corp. (a) 184,600 426,137 
Textiles, Apparel & Luxury Goods - 0.5%   
Canada Goose Holdings, Inc. (b) 106,900 4,537,852 
TOTAL CONSUMER DISCRETIONARY  40,434,672 
CONSUMER STAPLES - 9.6%   
Beverages - 0.5%   
GURU Organic Energy Corp. (b) 212,200 2,840,446 
GURU Organic Energy Corp. 112,400 1,354,097 
  4,194,543 
Food & Staples Retailing - 8.9%   
Alimentation Couche-Tard, Inc. Class B (sub. vtg.) 1,194,300 48,141,509 
George Weston Ltd. 46,500 4,822,195 
Metro, Inc. 346,495 17,969,082 
Neighbourly Pharmacy, Inc. 35,978 850,714 
North West Co., Inc. 216,500 6,309,667 
  78,093,167 
Personal Products - 0.2%   
Jamieson Wellness, Inc. (c) 69,600 1,950,875 
TOTAL CONSUMER STAPLES  84,238,585 
ENERGY - 11.8%   
Energy Equipment & Services - 0.2%   
Computer Modelling Group Ltd. 480,800 1,672,549 
Oil, Gas & Consumable Fuels - 11.6%   
Canadian Natural Resources Ltd. 893,598 29,488,161 
Enbridge, Inc. 650,400 25,638,564 
Parkland Corp. (a) 206,200 6,563,163 
PrairieSky Royalty Ltd. (a) 1,511,018 16,931,734 
Suncor Energy, Inc. 1,197,400 23,571,773 
  102,193,395 
TOTAL ENERGY  103,865,944 
FINANCIALS - 30.6%   
Banks - 19.3%   
Royal Bank of Canada (a) 866,900 87,676,691 
The Toronto-Dominion Bank 1,234,600 82,085,660 
  169,762,351 
Capital Markets - 4.7%   
Brookfield Asset Management, Inc. (Canada) Class A 774,806 41,826,855 
Insurance - 6.6%   
Fairfax Financial Holdings Ltd. (sub. vtg.) 29,300 12,342,355 
Intact Financial Corp. 133,425 18,180,707 
Sun Life Financial, Inc. 528,400 27,521,186 
  58,044,248 
TOTAL FINANCIALS  269,633,454 
HEALTH CARE - 0.8%   
Health Care Providers & Services - 0.8%   
Andlauer Healthcare Group, Inc. 135,100 4,761,420 
dentalcorp Holdings Ltd. (b) 165,300 1,937,068 
  6,698,488 
INDUSTRIALS - 12.4%   
Commercial Services & Supplies - 2.0%   
GFL Environmental, Inc. 511,900 17,831,977 
Professional Services - 2.2%   
Thomson Reuters Corp. 180,300 19,105,210 
Road & Rail - 8.2%   
Canadian National Railway Co. 145,950 15,858,434 
Canadian Pacific Railway Ltd. 761,400 56,537,429 
  72,395,863 
TOTAL INDUSTRIALS  109,333,050 
INFORMATION TECHNOLOGY - 9.5%   
IT Services - 4.1%   
CGI, Inc. Class A (sub. vtg.) (b) 197,700 17,984,108 
Shopify, Inc. Class A (b) 12,200 18,315,646 
  36,299,754 
Software - 5.4%   
ApplyBoard, Inc. (d)(e) 1,677 180,980 
ApplyBoard, Inc. (non-vtg.) (d)(e) 414 44,678 
Constellation Software, Inc. 14,500 23,226,383 
Dye & Durham Ltd. 238,200 9,006,007 
Open Text Corp. 296,928 15,422,358 
  47,880,406 
TOTAL INFORMATION TECHNOLOGY  84,180,160 
MATERIALS - 13.4%   
Chemicals - 2.9%   
Nutrien Ltd. 427,981 25,446,963 
Containers & Packaging - 1.5%   
CCL Industries, Inc. Class B 227,500 13,047,151 
Metals & Mining - 8.5%   
Franco-Nevada Corp. 286,900 45,888,823 
Lundin Mining Corp. 657,500 5,992,125 
Wheaton Precious Metals Corp. 496,300 22,925,432 
  74,806,380 
Paper & Forest Products - 0.5%   
Western Forest Products, Inc. 3,025,683 4,680,641 
TOTAL MATERIALS  117,981,135 
REAL ESTATE - 1.1%   
Equity Real Estate Investment Trusts (REITs) - 0.8%   
Allied Properties (REIT) 187,800 6,880,681 
Real Estate Management & Development - 0.3%   
Colliers International Group, Inc. 19,400 2,489,221 
Information Services Corp. 15,300 346,936 
  2,836,157 
TOTAL REAL ESTATE  9,716,838 
TOTAL COMMON STOCKS   
(Cost $454,142,837)  872,079,021 
Nonconvertible Preferred Stocks - 0.1%   
INFORMATION TECHNOLOGY - 0.1%   
Software - 0.1%   
ApplyBoard, Inc.:   
Series A1 (d)(e) 2,063 222,636 
Series A2 (d)(e) 1,615 174,289 
Series A3 (d)(e) 92 9,929 
Series D (d)(e) 4,504 486,066 
Series Seed (d)(e) 617 66,586 
TOTAL NONCONVERTIBLE PREFERRED STOCKS   
(Cost $770,130)  959,506 
 Principal Amount Value 
Convertible Bonds - 0.3%   
COMMUNICATION SERVICES - 0.3%   
Entertainment - 0.3%   
Cineplex, Inc. 5.75% 9/30/25
(Cost $1,772,420)(c) 
CAD2,715,000 2,872,555 
 Shares Value 
Money Market Funds - 12.5%   
Fidelity Cash Central Fund 0.06% (f) 4,502,922 4,503,822 
Fidelity Securities Lending Cash Central Fund 0.06% (f)(g) 105,967,021 105,977,618 
TOTAL MONEY MARKET FUNDS   
(Cost $110,481,440)  110,481,440 
TOTAL INVESTMENT IN SECURITIES - 111.9%   
(Cost $567,166,827)  986,392,522 
NET OTHER ASSETS (LIABILITIES) - (11.9)%  (105,183,170) 
NET ASSETS - 100%  $881,209,352 

Currency Abbreviations

CAD – Canadian dollar

Legend

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

 (b) Non-income producing

 (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 $4,823,430 or 0.5% of net assets.

 (d) Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $1,185,164 or 0.1% of net assets.

 (e) Level 3 security

 (f) 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.

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

Additional information on each restricted holding is as follows:

Security Acquisition Date Acquisition Cost 
ApplyBoard, Inc. 6/4/21 - 6/30/21 $85,688 
ApplyBoard, Inc. (non-vtg.) 6/30/21 $44,290 
ApplyBoard, Inc. Series A1 6/4/21 $133,582 
ApplyBoard, Inc. Series A2 6/4/21 $104,573 
ApplyBoard, Inc. Series A3 6/4/21 $5,957 
ApplyBoard, Inc. Series D 6/4/21 $486,066 
ApplyBoard, Inc. Series Seed 6/4/21 $39,952 

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 $794 
Fidelity Securities Lending Cash Central Fund 54,487 
Total $55,281 

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.

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

Fund Value, beginning of period Purchases Sales Proceeds Realized Gain/Loss Change in Unrealized appreciation (depreciation) Value, end of period % ownership, end of period 
Fidelity Cash Central Fund 0.06% $648,015 $41,054,389 $37,198,646 $64 $-- $4,503,822 0.0% 
Fidelity Securities Lending Cash Central Fund 0.06% 3,722,233 602,224,763 499,969,378 -- -- 105,977,618 0.3% 
Total $4,370,248 $643,279,152 $537,168,024 $64 $-- $110,481,440  

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, changes in interest rates and credit quality. 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. 

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing vendors or from brokers who make markets in such securities. Corporate Bonds are valued by pricing vendors who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker supplied prices.

When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing vendors. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

Investments in any open-end mutual 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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