Fidelity International Growth
Growth and price matter to manager Jed Weiss.
Symbol: FIGFX
Expense Ratio: 1.03%
Fidelity International Growth invests in reasonably priced foreign firms with good growth prospects that dominate their industries.
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Growth and price matter to manager Jed Weiss. But he’s most attracted to firms that can maintain or raise prices even when the economy is in a slump. “The truth serum,” that can reveal a good firm, says Weiss, “is what happens when demand is lousy.” He likes to buy when shares trade at a relative discount to earnings growth.
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