Liquidation: FIDELITY INVESTMENT TRUST
Form Type: 497
Filing Date: 2025-06-20
Corporate Action: Liquidation
Type: New
Accession Number: 000074482225000121
Filing Summary: On June 11, 2025, the Board of Trustees of Fidelity® Enduring Opportunities Fund approved a plan of liquidation. Following this approval, the fund will stop pursuing its investment objective, and assets will be managed to ensure sufficient liquidity for redemptions until the liquidation. The liquidation is anticipated to occur around August 20, 2025. As of the close of business on June 30, 2025, new positions in the fund will be restricted, although existing shareholders can continue adding to their positions. New investments will generally be prohibited for those who did not own shares by that date, with specific exceptions for certain retirement plan participants and other qualifying investors. The ability to open new positions will completely cease after July 11, 2025, while existing shareholders may maintain and add to their holdings until the liquidation is finalized.
Additional details:
Board Approval Date: 2025-06-11
Liquidation Date: 2025-08-20
Restriction Effective Date: 2025-06-30
Final Position Opening Date: 2025-07-11
Form Type: 497K
Filing Date: 2025-06-20
Corporate Action: Liquidation
Type: New
Accession Number: 000074482225000122
Filing Summary: On June 11, 2025, the Board of Trustees approved a plan of liquidation for Fidelity® Enduring Opportunities Fund. Following the Board's approval, the fund will cease its stated investment objective, and its assets will be managed to ensure sufficient liquidity for redemptions prior to liquidation. The liquidation is anticipated to occur on or about August 20, 2025. As of June 30, 2025, new positions in the fund will no longer be permitted, although existing shareholders may continue to add to their positions. Investors who did not own shares by this date generally cannot purchase them, with specific exceptions for certain group employer retirement plans and other defined circumstances that allow limited access for new investments.
Additional details:
Board Approval Date: 2025-06-11
Liquidation Date: 2025-08-20
New Positions Closing Date: 2025-06-30
Final Positions Closing Date: 2025-07-11
Form Type: 485BPOS
Filing Date: 2025-04-11
Corporate Action: Liquidation
Type: New
Accession Number: 000113322825003749
Filing Summary: Fidelity Investment Trust is proposing a Special Meeting of Shareholders for two funds: Fidelity Advisor® Large Cap Fund and Fidelity Advisor® Overseas Fund, scheduled for June 11, 2025. The meeting will seek shareholder approval for an Agreement and Plan of Reorganization for each fund, facilitating their complete liquidation. For the Fidelity Advisor® Large Cap Fund, assets will be transferred to Fidelity® Large Cap Stock Fund, and for the Fidelity Advisor® Overseas Fund, assets will be transferred to Fidelity® Overseas Fund. Approval will allow shareholders to pursue similar investment objectives in larger funds with lower expenses, with expected reductions in expense ratios of approximately 5 to 7 basis points for the Large Cap Fund and 5 to 9 basis points for the Overseas Fund. Both reorganizations are viewed as tax-free and will not affect the total value of shareholders' holdings. The meetings will be held virtually, and shareholders are encouraged to vote promptly through provided instructions.
Additional details:
Target Fund: Fidelity Advisor® Large Cap Fund
Acquiring Fund: Fidelity® Large Cap Stock Fund
Target Fund: Fidelity Advisor® Overseas Fund
Acquiring Fund: Fidelity® Overseas Fund
Record Date: 2025-04-14
Meeting Time: 8:00 AM ET
Meeting Format: virtual
Form Type: N-14
Filing Date: 2025-02-28
Corporate Action: Liquidation
Type: New
Accession Number: 000113322825001767
Filing Summary: The document reports the filing of a registration statement under the Securities Act of 1933 regarding Fidelity Investment Trust. It addresses the proposed liquidation of Fidelity Advisor® Large Cap Fund and Fidelity Advisor® Overseas Fund through a Reorganization. Shareholders will vote on transferring all assets of these funds to their corresponding Acquiring Funds, in exchange for shares of beneficial interest and assuming liabilities. The special meeting is scheduled for June 11, 2025. The anticipated benefits include lower expenses and no tax implications for shareholders. The filings indicate the seriousness with which the Board of Trustees is viewing these proposals, recommending shareholder approval for the proposed Reorganizations.
Additional details:
Proposal Number: 1
Target Fund: Fidelity Advisor® Large Cap Fund
Acquiring Fund: Fidelity® Large Cap Stock Fund
Proposal Number: 2
Target Fund: Fidelity Advisor® Overseas Fund
Acquiring Fund: Fidelity® Overseas Fund
Record Date: 2025-04-14
Meeting Time: 2025-06-11T08:00:00
Meeting Format: virtual
Expected Closing Date: 2025-07-25
Expense Reduction Large Cap: 5 to 7 basis points
Expense Reduction Overseas Fund: 5 to 9 basis points
Tax Event: no
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