Fund Evaluator:
Fidelity Advisor Sustainable Intl Eq C (FSYCX)
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Best Performing in Foreign Large Blend Over the Last Year
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Fund Details
Fidelity Advisor Sustainable Intl Eq C Overview
Fidelity Advisor Sustainable Intl Eq C (FSYCX) is an actively managed International Equity Foreign Large Blend fund. Fidelity Investments launched the fund in 2022.
The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in equity securities of companies that Fidelity Management & Research Company LLC (FMR) (the Adviser) believes have proven or improving sustainability practices based on an evaluation of such companies' individual environmental, social, and governance (ESG) profile. It invests primarily in non-U.S. securities.
About Fidelity Advisor Sustainable Intl Eq C (FSYCX)
There are 1 members of the management team with an average tenure of 4.47 years: William Kennedy (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI EAFE NR USD index with a weighting of 100% and MSCI EAFE SELECT NR USD index with a weighting of 100%. Fidelity Advisor Sustainable Intl Eq C has 92 securities in its portfolio. The top 10 holdings constitute 34.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is considered to have an ESG focus with its investment selection and management.
Fidelity Advisor Sustainable Intl Eq C is part of the Equity global asset class and is within the International Equity fund group. Fidelity Advisor Sustainable Intl Eq C has 94.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.0%. There is 94.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Fidelity Advisor Sustainable Intl Eq C has 3.6% of the portfolio in cash.
Assets Under Management
The fund has $385 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FSYCX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Fidelity Advisor Sustainable Intl Eq C expense ratio is high compared to funds in the Foreign Large Blend category. Fidelity Advisor Sustainable Intl Eq C has an expense ratio of 2.05%, which is 118% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Fidelity Advisor Sustainable Intl Eq C has a portfolio turnover rate of 49%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.
Recently, in the month of July 2026, Fidelity Advisor Sustainable Intl Eq C returned -1.2%, which earned it a grade of F, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Fidelity Advisor Sustainable Intl Eq C has a trailing yield of 1.15%, which is below the 2.17% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Fidelity Advisor Sustainable Intl Eq C Grades
Year to date, the fund has returned 10.9%, 0.7 percentage points worse than the category, which translates into a grade of D. The fund has returned 22.9% over the past year (grade of D) and 14.5% over the past three years (grade of D).
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FSYCX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FSYCX Return (NAV) | -1.2% | 4.0% | 22.9% | 14.5% | na | na |
| FSYCX Grade | F | C | D | D | na | na |
| +/- Category | -1.9% | -0.5% | -1.3% | -1.4% | na | na |
| Foreign Large Blend Avg | 0.7% | 4.4% | 24.2% | 15.9% | 8.4% | 9.1% |
| FSYCX Tax Cost Ratio | na | na | 0.3% | 0.3% | na | na |
FSYCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FSYCX Return (NAV) | 10.9% | 25.0% | 6.8% | 12.3% | na | na | na | na | na | na | na |
| FSYCX Grade | D | F | B | F | na | na | na | na | na | na | na |
| +/- Category | -0.7% | -5.5% | 1.9% | -4.0% | na | na | na | na | na | na | na |
| Foreign Large Blend Avg | 11.6% | 30.5% | 4.9% | 16.2% | -16.4% | 10.2% | 11.8% | 22.9% | -15.2% | 26.4% | 1.0% |
| Risk Measures | |
| Standard Deviation: | 13.5% |
| Total Risk Index: | 1.10 - Above Average |
| Category Risk Index: | 1.04 - High |
| Category Risk Grade: | F (80% Rank) |
| Beta: | 0.92 |
| R-Squared: | 90% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 1.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $27 Mil |
| Fund Total Assets: | $ 0 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 49% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 4.5 years | |||
| Average Tenure: 4.5 years | |||
| Managers (Year): Kennedy William (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 92 |
| % in Top 10 Holdings: | 34.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 94.4% |
Portfolio Allocation |
|
| Domestic Stock: | 2.0% |
| Foreign Stock: | 94.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.6% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 877-208-0098 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | February 10, 2022 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.05% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | Fidelity Advisor Sustainable Intl Eq Z |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
