Quarterly Holdings Report
for
Fidelity® Sustainable International Equity Fund
July 31, 2022
SIC-NPRT3-0922
1.9904432.100
Common Stocks - 97.3%
 
  
Shares
Value ($)
 
Australia - 2.3%
 
  
  
Bapcor Ltd.
 
5,859
27,471
Macquarie Group Ltd.
 
385
49,274
TOTAL AUSTRALIA
  
  
76,745
Austria - 2.2%
 
  
  
Verbund AG
 
529
58,121
Wienerberger AG
 
666
15,275
TOTAL AUSTRIA
  
  
73,396
Bailiwick of Jersey - 1.4%
 
  
  
Experian PLC
 
1
35
Ferguson PLC
 
366
45,864
TOTAL BAILIWICK OF JERSEY
  
  
45,899
Belgium - 1.6%
 
  
  
KBC Group NV
 
255
13,356
UCB SA
 
514
40,083
TOTAL BELGIUM
  
  
53,439
Canada - 1.7%
 
  
  
Nutrien Ltd.
 
378
32,358
The Toronto-Dominion Bank
 
396
25,723
TOTAL CANADA
  
  
58,081
Denmark - 1.4%
 
  
  
ORSTED A/S (a)
  
416
48,429
Finland - 1.7%
 
  
  
Neste OYJ
 
1,102
56,405
France - 11.8%
 
  
  
Air Liquide SA
 
117
16,085
AXA SA
 
3,581
82,515
BNP Paribas SA
 
805
38,034
Capgemini SA
 
325
61,567
L'Oreal SA
 
55
20,793
Legrand SA
 
479
39,215
LVMH Moet Hennessy Louis Vuitton SE
 
116
80,545
Pernod Ricard SA
 
222
43,450
Worldline SA (a)(b)
  
299
13,197
TOTAL FRANCE
  
  
395,401
Germany - 8.1%
 
  
  
Brenntag SE
 
301
21,144
Deutsche Borse AG
 
144
25,137
Deutsche Post AG
 
1,064
42,496
Infineon Technologies AG
 
646
17,716
Merck KGaA
 
383
72,946
Puma AG
 
267
17,907
SAP SE
 
144
13,431
Siemens AG
 
541
60,345
TOTAL GERMANY
  
  
271,122
Hong Kong - 2.7%
 
  
  
AIA Group Ltd.
 
4,689
47,109
Hang Seng Bank Ltd.
 
2,691
43,365
TOTAL HONG KONG
  
  
90,474
India - 2.0%
 
  
  
HDFC Bank Ltd. sponsored ADR
 
1,086
68,201
Ireland - 2.2%
 
  
  
CRH PLC
 
874
33,527
Dalata Hotel Group PLC (b)
  
8,298
30,489
Kerry Group PLC Class A
 
84
8,864
TOTAL IRELAND
  
  
72,880
Italy - 1.1%
 
  
  
Carel Industries SpA (a)
  
839
19,037
Intesa Sanpaolo SpA
 
10,528
18,696
TOTAL ITALY
  
  
37,733
Japan - 17.3%
 
  
  
FUJIFILM Holdings Corp.
 
730
41,699
Fujitsu Ltd.
 
193
25,874
Hitachi Ltd.
 
1,390
70,373
Hoya Corp.
 
628
62,920
Itochu Corp.
 
1,988
57,870
Nomura Research Institute Ltd.
 
930
27,941
ORIX Corp.
 
6,612
117,838
Persol Holdings Co. Ltd.
 
1,385
28,672
Recruit Holdings Co. Ltd.
 
777
29,039
Sony Group Corp.
 
1,416
120,116
TOTAL JAPAN
  
  
582,342
Kenya - 0.5%
 
  
  
Safaricom Ltd.
 
64,140
16,156
Netherlands - 4.8%
 
  
  
ASML Holding NV (Netherlands)
 
140
80,466
Heineken NV (Bearer)
 
368
36,145
Koninklijke KPN NV
 
14,196
46,734
TOTAL NETHERLANDS
  
  
163,345
New Zealand - 2.0%
 
  
  
EBOS Group Ltd.
 
1,933
48,032
Ryman Healthcare Ltd.
 
3,093
18,092
TOTAL NEW ZEALAND
  
  
66,124
Norway - 1.7%
 
  
  
DNB Bank ASA
 
2,483
48,979
Schibsted ASA (A Shares)
 
381
7,131
TOTAL NORWAY
  
  
56,110
Singapore - 0.8%
 
  
  
United Overseas Bank Ltd.
 
1,317
26,276
Spain - 3.7%
 
  
  
Amadeus IT Holding SA Class A (b)
  
833
48,572
Cellnex Telecom SA (a)
  
280
12,524
EDP Renovaveis SA
 
999
25,832
Iberdrola SA
 
3,444
36,777
TOTAL SPAIN
  
  
123,705
Sweden - 4.0%
 
  
  
Boliden AB
 
1,591
52,753
Bravida Holding AB (a)
  
817
8,241
Instalco AB
 
1,930
9,502
Investor AB (B Shares)
 
944
17,538
Lagercrantz Group AB (B Shares)
 
1,271
13,820
Nibe Industrier AB (B Shares)
 
3,461
34,671
TOTAL SWEDEN
  
  
136,525
Switzerland - 7.4%
 
  
  
Nestle SA (Reg. S)
 
1,067
130,740
Roche Holding AG (participation certificate)
 
321
106,573
SGS SA (Reg.)
 
5
12,202
TOTAL SWITZERLAND
  
  
249,515
Taiwan - 1.9%
 
  
  
Taiwan Semiconductor Manufacturing Co. Ltd.
 
3,700
63,248
United Kingdom - 13.0%
 
  
  
AstraZeneca PLC (United Kingdom)
 
859
112,994
Beazley PLC
 
2,528
16,686
Big Yellow Group PLC
 
767
13,310
Bunzl PLC
 
497
18,587
Compass Group PLC
 
2,974
69,700
Dechra Pharmaceuticals PLC
 
275
12,338
Diageo PLC
 
1,129
53,483
Grainger Trust PLC
 
4,587
16,546
Impax Asset Management Group PLC
 
847
7,396
Legal & General Group PLC
 
8,187
26,022
Reckitt Benckiser Group PLC
 
854
69,272
Smart Metering Systems PLC
 
1,801
20,617
TOTAL UNITED KINGDOM
  
  
436,951
 
TOTAL COMMON STOCKS
 (Cost $3,603,607)
  
  
  
3,268,502
 
  
  
  
Money Market Funds - 4.2%
 
  
Shares
Value ($)
 
Fidelity Cash Central Fund 2.01% (c)
 
 (Cost $139,729)
 
  
139,701
139,729
 
  
  
  
 
TOTAL INVESTMENT IN SECURITIES - 101.5%
 (Cost $3,743,336)
 
  
 
3,408,231
NET OTHER ASSETS (LIABILITIES) - (1.5)%  
(50,574)
NET ASSETS - 100.0%
3,357,657
 
  
Categorizations in Schedule of Investments are based on country or territory of incorporation.
 
Legend
 
(a)
Security exempt from registration under Rule 144A of the Securities Act of 1933.  These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $101,428 or 3.0% of net assets.
 
(b)
Non-income producing
 
(c)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
 
 
 
 
Affiliated Central Funds
 
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
 
 
Affiliate
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
%ownership,
end
of period
Fidelity Cash Central Fund 2.01%
-
3,615,355
3,475,626
537
-
-
139,729
0.0%
Total
-
3,615,355
3,475,626
537
-
-
139,729
  
 
  
  
  
  
  
  
  
  
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
 
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.   
 
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
 
Valuation techniques used to value investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
 
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
 
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
 
 
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual shareholder report.
 
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus.
 
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