Skip to contentHome page Seeking Alpha - Power to InvestorsNov. 02, 2025 10:14 AM ETFidelity International Small Cap Fund (FISMX)FISMXFidelity Investments848 FollowersSummaryFor the three months ending September 30, 2025, Fidelity® International Small Cap Fund's Retail Class shares gained 2.49%, notably trailing the 6.71% advance of the benchmark MSCI All Country World Index ex U.S. Small Cap Index.We favor higher-quality small-cap companies trading at a discount to their intrinsic (fair) value because we believe this combination can lead to outperformance over the course of a market cycle.International small-cap stocks rallied in the third quarter, but there was much more performance dispersion among the primary regions within the MSCI index compared with Q2.syahrir maulana/iStock via Getty ImagesInvestment ApproachFidelity® International Small Cap Fund is an opportunistic international small-cap strategy focused on our best ideas across geographies. The fund seeks capital appreciation.We favor higher-quality small-cap companies trading at a discountThis article was written byFidelity Investments848 FollowersFidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.CommentsRecommended For YouSeeking Alpha - Power to InvestorsPower to InvestorsFollow usDownload appContact usSubscription Support: subscriptions@seekingalpha.com© 2025 Seeking AlphaTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.