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FIRNX

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Analysis and statistics

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About

FIRNX.US represents the Fidelity International Value Fund, a mutual fund offered by Fidelity Investments. The fund seeks to provide long-term capital growth by investing primarily in securities of companies that are located outside the United States. It focuses on companies that Fidelity Management & Research Company LLC believes are undervalued in relation to their perceived worth. As a mutual fund, its net asset value (NAV) fluctuates based on the performance of its underlying investments and is subject to market risks, including international investing risks such as currency fluctuations and political instability. Investors should consider the fund's investment objectives, risks, charges, and expenses carefully before investing.
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Factors

Market Interest Rates: Higher interest rates typically decrease bond prices, as newly issued bonds offer more attractive yields.

Credit Risk: Changes in the perceived creditworthiness of the bond issuer impact the fund's value; downgrades decrease the price.

Inflation Expectations: Rising inflation erodes the real value of fixed-income securities, causing bond prices to decline.

Economic Growth: Strong economic growth can lead to higher interest rates, negatively affecting bond prices. Conversely, weaker economic conditions may lower rates and raise bond prices.

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