FAOAX
Fidelity Advisor Overseas Fund
Fidelity Advisor Series VIII
Expense ratio1
1.05%
Net assets2
$465.22M
Holdings2
87
Category
International Equity
2024 return3
-48.58%

Investment objective & strategy

As of Dec. 26, 2024 · prospectus

Objective. Fidelity Advisor Overseas Fund seeks long-term growth of capital.

Strategy. Normally investing at least 80% of assets in non-U.S. securities. The Adviser considers non-U.S. securities to include investments that are tied economically to a particular country or region outside the U.S. The Adviser considers a number of factors to determine whether an issuer is located in or tied economically to a particular country or region including: whether a third-party vendor has assigned a particular country or region classification to the issuer or included the issuer in an index representative of a particular country or region; the issuer's domicile, incorporation, and location of assets; whether the issuer derives at least 50% of its revenues from, or has at least 50% of its assets in, a particular country or region; the source … Normally investing at least 80% of assets in non-U.S. securities. The Adviser considers non-U.S. securities to include investments that are tied economically to a particular country or region outside the U.S. The Adviser considers a number of factors to determine whether an issuer is located in or tied economically to a particular country or region including: whether a third-party vendor has assigned a particular country or region classification to the issuer or included the issuer in an index representative of a particular country or region; the issuer's domicile, incorporation, and location of assets; whether the issuer derives at least 50% of its revenues from, or has at least 50% of its assets in, a particular country or region; the source of government guarantees (if any); and the primary trading market or listing exchange. Whether an issuer is located in or tied economically to a particular country can be determined under any of these factors. Effective December 11, 2025, derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Normally investing primarily in common stocks. Allocating investments across different countries and regions. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Top holdings

As of Oct. 31, 2025 · N-PORT
SecurityTickerValue% of fund
HITACHI LTD $14.58M 3.13%
BANCO SANTANDER SA $12.82M 2.76%
SAFRAN SA $12.61M 2.71%
SCHNEIDER ELECTR $12.14M 2.61%
ROLLS-ROYCE HOLDINGS PLC $12.11M 2.60%
SAP SE $11.52M 2.48%
HOYA CORP $10.02M 2.15%
CAIXABANK SA $9.83M 2.11%
ASML Holding NV $9.78M 2.10%
TSMC $9.63M 2.07%
View all holdings →

Allocation by sector

As of October 31, 2025 · N-PORT
View portfolio breakdown →

Portfolio moves

Jul 31, 2025 → Oct 31, 2025
Opened
11
Exited
11
Increased
22
Decreased
21
Unchanged
33

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Fidelity Overseas Fund · FOSFX, FOSKX, FVOZX, FOVHX, FOVBX, FOVMX, FOVDX 76% 0.58%
Fidelity Series Overseas Fund · FSOSX 75% 0.01%
VIP Overseas Portfolio · QVO2Q 66% 0.73%
View all similar funds →

Advisers

As of October 31, 2025 · N-CEN
FirmRole
FMR Investment Management (UK) Limited Sub-adviser
Fidelity Management & Research (Japan) Limited Sub-adviser
Fidelity Management & Research (Hong Kong) Limited Sub-adviser
Fidelity Management & Research Company LLC Adviser
FIL Investment Advisors Sub-adviser
FIL Investment Advisors (UK) Limited Sub-adviser

Footnotes

  1. Expense ratio as of December 26, 2024, from the fund's prospectus.
  2. Net assets and holdings count as of October 31, 2025, from the fund's N-PORT filing.
  3. Total return for calendar year 2024, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2024 (the latest prospectus does not yet chart this year).

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