Quarterly Holdings Report
for
Fidelity® Sustainable International Equity Fund
July 31, 2026
SIC-NPRT3-0926
1.9904432.104
Common Stocks - 96.6%
 
 
Shares
Value ($)
 
AUSTRALIA - 2.9%
 
 
 
Financials - 1.5%
 
 
 
Capital Markets - 1.5%
 
 
 
Macquarie Group Ltd
 
2,314
410,779
Industrials - 0.8%
 
 
 
Commercial Services & Supplies - 0.8%
 
 
 
Brambles Ltd
 
16,673
228,882
Materials - 0.6%
 
 
 
Metals & Mining - 0.6%
 
 
 
IperionX Ltd (a)
 
70,716
150,489
IperionX Ltd ADR (a)
 
600
12,450
TOTAL MATERIALS
 
 
162,939
TOTAL AUSTRALIA
 
 
802,600
BELGIUM - 2.8%
 
 
 
Financials - 1.0%
 
 
 
Banks - 1.0%
 
 
 
KBC Group NV
 
1,838
264,194
Health Care - 1.8%
 
 
 
Pharmaceuticals - 1.8%
 
 
 
UCB SA
 
1,976
507,906
TOTAL BELGIUM
 
 
772,100
CANADA - 0.6%
 
 
 
Energy - 0.6%
 
 
 
Oil, Gas & Consumable Fuels - 0.6%
 
 
 
Cameco Corp
 
2,067
178,383
CHINA - 0.7%
 
 
 
Industrials - 0.7%
 
 
 
Electrical Equipment - 0.7%
 
 
 
Contemporary Amperex Technology Co Ltd A Shares (China)
 
3,179
186,264
FINLAND - 1.1%
 
 
 
Information Technology - 0.6%
 
 
 
Communications Equipment - 0.6%
 
 
 
Nokia Oyj ADR
 
18,466
168,779
Utilities - 0.5%
 
 
 
Electric Utilities - 0.5%
 
 
 
Fortum Oyj
 
5,987
136,180
TOTAL FINLAND
 
 
304,959
FRANCE - 3.4%
 
 
 
Consumer Staples - 0.8%
 
 
 
Personal Care Products - 0.8%
 
 
 
L'Oreal SA
 
467
208,000
Energy - 0.3%
 
 
 
Oil, Gas & Consumable Fuels - 0.3%
 
 
 
Gaztransport Et Technigaz SA
 
423
95,459
Financials - 2.3%
 
 
 
Capital Markets - 1.4%
 
 
 
Amundi SA (b)(c)
 
3,426
372,748
Insurance - 0.9%
 
 
 
AXA SA
 
4,923
255,157
TOTAL FINANCIALS
 
 
627,905
TOTAL FRANCE
 
 
931,364
GERMANY - 3.6%
 
 
 
Industrials - 2.1%
 
 
 
Air Freight & Logistics - 1.0%
 
 
 
Deutsche Post AG
 
4,197
280,367
Industrial Conglomerates - 1.1%
 
 
 
Siemens AG
 
910
298,159
TOTAL INDUSTRIALS
 
 
578,526
Materials - 1.0%
 
 
 
Construction Materials - 1.0%
 
 
 
Heidelberg Materials AG
 
1,435
267,147
Real Estate - 0.5%
 
 
 
Real Estate Management & Development - 0.5%
 
 
 
Instone Real Estate Group SE (b)(c)
 
16,940
150,805
TOTAL GERMANY
 
 
996,478
HONG KONG - 1.7%
 
 
 
Financials - 1.7%
 
 
 
Insurance - 1.7%
 
 
 
AIA Group Ltd
 
45,724
460,939
IRELAND - 3.2%
 
 
 
Consumer Staples - 0.3%
 
 
 
Food Products - 0.3%
 
 
 
Kerry Group PLC Class A
 
819
78,198
Financials - 1.1%
 
 
 
Banks - 1.1%
 
 
 
AIB Group PLC
 
26,297
310,977
Industrials - 1.8%
 
 
 
Building Products - 1.8%
 
 
 
Kingspan Group PLC
 
5,432
502,679
TOTAL IRELAND
 
 
891,854
ITALY - 3.6%
 
 
 
Financials - 2.9%
 
 
 
Banks - 2.9%
 
 
 
Intesa Sanpaolo SpA
 
57,650
435,794
UniCredit SpA
 
3,975
374,890
TOTAL FINANCIALS
 
 
810,684
Industrials - 0.7%
 
 
 
Electrical Equipment - 0.7%
 
 
 
Prysmian SpA
 
1,297
178,977
TOTAL ITALY
 
 
989,661
JAPAN - 23.4%
 
 
 
Consumer Discretionary - 5.2%
 
 
 
Automobile Components - 0.2%
 
 
 
Sumitomo Electric Industries Ltd
 
5,441
72,012
Broadline Retail - 0.6%
 
 
 
Pan Pacific International Holdings Corp
 
31,234
174,986
Household Durables - 3.0%
 
 
 
Panasonic Holdings Corp
 
14,768
390,502
Sony Group Corp
 
18,159
424,356
 
 
 
814,858
Specialty Retail - 1.4%
 
 
 
Fast Retailing Co Ltd
 
767
375,576
TOTAL CONSUMER DISCRETIONARY
 
 
1,437,432
Consumer Staples - 0.5%
 
 
 
Food Products - 0.5%
 
 
 
Ajinomoto Co Inc
 
4,723
145,649
Financials - 8.5%
 
 
 
Banks - 5.8%
 
 
 
Mizuho Financial Group Inc
 
12,570
651,682
Sumitomo Mitsui Financial Group Inc
 
21,237
912,531
 
 
 
1,564,213
Financial Services - 2.5%
 
 
 
ORIX Corp
 
17,199
694,141
Insurance - 0.2%
 
 
 
Tokio Marine Holdings Inc
 
1,155
58,866
TOTAL FINANCIALS
 
 
2,317,220
Health Care - 0.5%
 
 
 
Pharmaceuticals - 0.5%
 
 
 
Chugai Pharmaceutical Co Ltd
 
200
8,678
Takeda Pharmaceutical Co Ltd
 
4,035
138,545
TOTAL HEALTH CARE
 
 
147,223
Industrials - 6.3%
 
 
 
Industrial Conglomerates - 1.3%
 
 
 
Hitachi Ltd
 
11,314
370,766
Trading Companies & Distributors - 5.0%
 
 
 
ITOCHU Corp
 
78,751
988,295
Marubeni Corp
 
11,501
371,720
 
 
 
1,360,015
TOTAL INDUSTRIALS
 
 
1,730,781
Information Technology - 2.4%
 
 
 
Electronic Equipment, Instruments & Components - 0.3%
 
 
 
Ibiden Co Ltd
 
802
80,234
Semiconductors & Semiconductor Equipment - 2.1%
 
 
 
Advantest Corp
 
1,549
306,054
Disco Corp
 
287
102,584
Renesas Electronics Corp
 
8,057
161,493
 
 
 
570,131
TOTAL INFORMATION TECHNOLOGY
 
 
650,365
TOTAL JAPAN
 
 
6,428,670
NETHERLANDS - 11.9%
 
 
 
Communication Services - 2.1%
 
 
 
Diversified Telecommunication Services - 2.1%
 
 
 
Koninklijke KPN NV
 
119,750
565,440
Financials - 3.3%
 
 
 
Banks - 3.3%
 
 
 
ING Groep NV
 
25,746
904,755
Health Care - 0.7%
 
 
 
Biotechnology - 0.7%
 
 
 
Argenx SE (a)
 
256
219,263
Information Technology - 5.8%
 
 
 
Semiconductors & Semiconductor Equipment - 5.8%
 
 
 
ASML Holding NV
 
966
1,591,916
TOTAL NETHERLANDS
 
 
3,281,374
NEW ZEALAND - 0.0%
 
 
 
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Contact Energy Ltd
 
256
1,368
PORTUGAL - 1.3%
 
 
 
Financials - 1.3%
 
 
 
Banks - 1.3%
 
 
 
Banco Comercial Portugues SA
 
293,659
360,644
SINGAPORE - 2.0%
 
 
 
Financials - 2.0%
 
 
 
Banks - 2.0%
 
 
 
DBS Group Holdings Ltd
 
9,456
545,580
SPAIN - 5.7%
 
 
 
Consumer Staples - 0.0%
 
 
 
Personal Care Products - 0.0%
 
 
 
Puig Brands SA Class B
 
400
7,698
Financials - 3.4%
 
 
 
Banks - 3.4%
 
 
 
Banco Santander SA
 
41,239
586,513
CaixaBank SA
 
22,337
324,475
TOTAL FINANCIALS
 
 
910,988
Industrials - 0.4%
 
 
 
Construction & Engineering - 0.4%
 
 
 
ACS Actividades de Construccion y Servicios SA
 
878
111,675
Utilities - 1.9%
 
 
 
Electric Utilities - 1.7%
 
 
 
Iberdrola SA
 
20,188
480,728
Independent Power and Renewable Electricity Producers - 0.2%
 
 
 
EDP Renewables SA
 
271
4,203
Grenergy Renovables SA (a)
 
447
47,525
 
 
 
51,728
TOTAL UTILITIES
 
 
532,456
TOTAL SPAIN
 
 
1,562,817
SWEDEN - 4.9%
 
 
 
Financials - 2.3%
 
 
 
Financial Services - 2.3%
 
 
 
Investor AB B Shares
 
14,301
617,264
Health Care - 0.6%
 
 
 
Biotechnology - 0.6%
 
 
 
Swedish Orphan Biovitrum AB B Shares (a)
 
3,559
175,890
Industrials - 1.1%
 
 
 
Machinery - 0.3%
 
 
 
Indutrade AB
 
3,626
90,934
Trading Companies & Distributors - 0.8%
 
 
 
AddTech AB B Shares
 
5,535
201,469
TOTAL INDUSTRIALS
 
 
292,403
Information Technology - 0.9%
 
 
 
Electronic Equipment, Instruments & Components - 0.6%
 
 
 
Lagercrantz Group AB B Shares
 
6,651
156,458
Technology Hardware, Storage & Peripherals - 0.3%
 
 
 
Dynavox Group AB
 
12,602
95,023
TOTAL INFORMATION TECHNOLOGY
 
 
251,481
TOTAL SWEDEN
 
 
1,337,038
SWITZERLAND - 2.3%
 
 
 
Consumer Discretionary - 0.5%
 
 
 
Textiles, Apparel & Luxury Goods - 0.5%
 
 
 
Cie Financiere Richemont SA Series A
 
571
134,951
Industrials - 1.8%
 
 
 
Electrical Equipment - 1.8%
 
 
 
ABB Ltd
 
5,016
494,873
TOTAL SWITZERLAND
 
 
629,824
TAIWAN - 4.8%
 
 
 
Information Technology - 4.8%
 
 
 
Semiconductors & Semiconductor Equipment - 4.8%
 
 
 
MediaTek Inc
 
1,484
158,161
Taiwan Semiconductor Manufacturing Co Ltd
 
15,746
1,165,198
 
 
 
 
TOTAL TAIWAN
 
 
1,323,359
UNITED KINGDOM - 12.5%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Compass Group PLC
 
20
633
Consumer Staples - 1.4%
 
 
 
Food Products - 0.4%
 
 
 
Cranswick PLC
 
1,429
103,037
Personal Care Products - 1.0%
 
 
 
Unilever PLC
 
4,437
282,316
TOTAL CONSUMER STAPLES
 
 
385,353
Financials - 1.7%
 
 
 
Banks - 0.0%
 
 
 
Lloyds Banking Group PLC
 
2,901
4,484
Insurance - 1.7%
 
 
 
Admiral Group PLC
 
3,926
199,587
Aviva PLC
 
27,656
258,838
 
 
 
458,425
TOTAL FINANCIALS
 
 
462,909
Health Care - 3.1%
 
 
 
Pharmaceuticals - 3.1%
 
 
 
Astrazeneca PLC
 
4,959
844,259
Industrials - 3.5%
 
 
 
Commercial Services & Supplies - 0.5%
 
 
 
Johnson Service Group PLC
 
71,173
144,269
Trading Companies & Distributors - 3.0%
 
 
 
Diploma PLC
 
4,377
431,814
Howden Joinery Group PLC
 
36,621
389,172
 
 
 
820,986
TOTAL INDUSTRIALS
 
 
965,255
Information Technology - 0.1%
 
 
 
Communications Equipment - 0.1%
 
 
 
Filtronic PLC (a)
 
14,668
47,050
Real Estate - 0.2%
 
 
 
Residential REITs - 0.2%
 
 
 
Grainger PLC
 
23,509
55,289
Utilities - 2.5%
 
 
 
Electric Utilities - 1.1%
 
 
 
SSE PLC
 
9,966
314,860
Multi-Utilities - 1.4%
 
 
 
National Grid PLC
 
23,663
378,747
TOTAL UTILITIES
 
 
693,607
TOTAL UNITED KINGDOM
 
 
3,454,355
UNITED STATES - 4.2%
 
 
 
Industrials - 3.4%
 
 
 
Electrical Equipment - 3.4%
 
 
 
Schneider Electric SE
 
2,748
923,289
Materials - 0.8%
 
 
 
Construction Materials - 0.8%
 
 
 
CRH PLC
 
1,032
98,050
Holcim AG
 
1,371
124,520
TOTAL MATERIALS
 
 
222,570
TOTAL UNITED STATES
 
 
1,145,859
 
TOTAL COMMON STOCKS
 (Cost $20,697,686)
 
 
 
26,585,490
 
 
 
 
Money Market Funds - 3.4%
 
 
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (d)
 (Cost $941,037)
 
3.69
940,860
941,048
 
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.0%
 (Cost $21,638,723)
 
 
 
27,526,538
NET OTHER ASSETS (LIABILITIES) - 0.0%  
3,651
NET ASSETS - 100.0%
27,530,189
 
 
 
Legend
 
(a)
Non-income producing.
 
(b)
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 $523,553 or 1.9% of net assets.
 
(c)
Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $523,553 or 1.9% of net assets.
 
(d)
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 Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.
Affiliate
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
 
 
Shares,
end
of period
Fidelity Cash Central Fund
816,403
8,653,316
8,528,655
22,615
(27)
11
941,048
940,860
 
816,403
8,653,316
8,528,655
22,615
(27)
11
941,048
 
 
Amounts in the dividend 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 designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services 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 the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
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 service 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 or annual 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 and annual report.
 
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