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FIDNX

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1d
1w
1m

Analysis and statistics

  • Open
    13.7352$
  • Previous Close
    13.7352$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FIDNX.US represents the Fidelity International Discovery Fund, a mutual fund offered by Fidelity Investments. It primarily invests in common stocks of foreign issuers, focusing on companies with small to medium market capitalizations located outside the United States. The fund aims for long-term capital growth by identifying undervalued companies or those with high growth potential in international markets. Investors should note that international investing involves risks such as currency fluctuations and political instability.
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Factors

Market Interest Rates: Rising interest rates typically decrease bond prices, as newly issued bonds offer higher yields, making existing bonds less attractive.

Inflation Expectations: Higher inflation erodes the purchasing power of fixed income, causing bond prices to decline to compensate for the anticipated loss.

Credit Risk: Changes in the creditworthiness of the issuers whose bonds are held by the fund directly affect its price; downgrades reduce value.

Economic Growth: Strong economic growth can lead to higher interest rates and inflation, negatively impacting bond prices.

Supply and Demand: Increased selling pressure or decreased demand can push the fund's price down, while strong demand can increase it.

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