M&A - FIDELITY INVESTMENT TRUST

Form Type: 497

Filing Date: 2025-01-24

Corporate Action: Merger

Type: New

Accession Number: 000074482225000012

Filing Summary: The Board of Trustees of Fidelity Investment Trust has unanimously approved a proposed reorganization between Fidelity® International Capital Appreciation Fund and Fidelity Advisor® International Capital Appreciation Fund. The reorganization will be executed on a tax-free basis, where shareholders of Fidelity® International Capital Appreciation Fund will receive corresponding shares of Fidelity Advisor® International Capital Appreciation Fund. This involves the transfer of all assets from Fidelity® International Capital Appreciation Fund to Fidelity Advisor® International Capital Appreciation Fund, with the latter assuming all liabilities. Following this transaction, Fidelity® International Capital Appreciation Fund will liquidate and distribute shares of Fidelity Advisor® International Capital Appreciation Fund to its shareholders. A Special Meeting for shareholders is anticipated in the second quarter of 2025 to vote on the Agreement, with the reorganization expected to take effect around July 25, 2025, contingent on shareholder approval and fulfillment of certain conditions.

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Form Type: 497K

Filing Date: 2025-01-24

Corporate Action: Merger

Type: New

Accession Number: 000074482225000013

Filing Summary: The Board of Trustees of Fidelity Investment Trust has unanimously approved an Agreement and Plan of Reorganization between Fidelity® International Capital Appreciation Fund and Fidelity Advisor® International Capital Appreciation Fund. This reorganization will be executed on a tax-free basis, allowing shareholders of Fidelity® International Capital Appreciation Fund to receive shares in Fidelity Advisor® International Capital Appreciation Fund. The process involves transferring all assets from Fidelity® International Capital Appreciation Fund to Fidelity Advisor® International Capital Appreciation Fund in exchange for corresponding shares, while Fidelity Advisor® will assume all liabilities of the former fund. Post-reorganization, Fidelity® International Capital Appreciation Fund will distribute shares of Fidelity Advisor® to its shareholders during a liquidation event. A Special Meeting for shareholders is anticipated for the second quarter of 2025 to vote on the agreement. If approved under the necessary conditions, the reorganization is projected to occur around July 25, 2025. Until the reorganization takes effect, new positions will not be opened, but existing shareholders can still hold shares and reinvest distributions.

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