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Fidelity Advisor International Capital Appreciation SMA

A comprehensive look at Fidelity's international equity strategy and how SharpeMetrix offers a systematic alternative

Strategy Overview

Benchmark

MSCI ACWI ex-USA

Holdings Target

40–80 Stocks

Management Team

  • Sammy Simnegar - Lead Portfolio Manager
  • Anthony Italiano, CFA
  • Timothy Gannon, CFA

Investment Approach

The Fidelity Advisor International Capital Appreciation SMA seeks to invest in a combination of high-quality, cyclical growth stocks and structural, steady growers, both benefiting from long-term mega-trends in international markets outside the United States.

Key Strategy Characteristics

  • Combines cyclical growth opportunities with structural long-term trends
  • Leverages Fidelity's 450+ research professionals for global stock selection
  • Focused on companies benefiting from mega-trends like technology adoption and demographic shifts
  • Concentrated portfolio of 40-80 holdings for meaningful active bets

Risk Considerations

  • • Foreign markets are volatile and subject to currency, political, and economic risks
  • • Risks are magnified in emerging markets
  • • Growth stocks can be more volatile than other types of stocks
  • • Concentrated portfolios may experience higher volatility

Consider a Data-Driven Systematic Alternative

While Fidelity's SMA offers quality active management, SharpeMetrix provides a systematic, rules-based approach powered by proprietary alternative data—at a flat fee that protects your margins.

Alternative Data Edge

Our proprietary signals analyze earnings expectations, sentiment, and innovation metrics—data not available in traditional SMAs.

Flat-Fee Pricing

Unlike traditional SMAs with asset-based fees, SharpeMetrix offers transparent flat-fee pricing that scales with your practice.

Systematic & Transparent

Rules-based portfolio construction eliminates manager risk and ensures consistent application of proven factors.

Try SharpeMetrix Free

SharpeMetrix Model Portfolios

Compare our systematic, data-driven portfolios with live performance metrics

Model Portfolio Universe Holdings Annual Return Excess Return Sharpe Ratio View
SPDR Equal Factor 3
 3 15.3% 1.7% 0.97 View Details
SharpeMetrix Small Cap Value Edge
 Russel 2000 39 18.7% 8.7% 0.66 View Details
SPDR Factor Advantage 3
 3 15.1% 1.5% 0.96 View Details
SharpeMetrix Small Cap Edge 50
 Russel 2000 49 18.9% 8.8% 0.85 View Details
iShares Factor Advantage 7
 7 13.1% 2.8% 0.73 View Details
SharpeMetrix Core Alpha 30
 Russel 1000 29 17.4% 6.2% 0.85 View Details
SharpeMetrix Core Alpha 50
 Russel 1000 49 17.1% 5.9% 0.88 View Details
iShares Equal Factor 7
 7 13.0% 2.7% 0.73 View Details
SharpeMetrix Small Cap Edge 30
 Russel 2000 29 18.6% 8.6% 0.81 View Details
SharpeMetrix Large Cap Earnings
 S&P 500 39 13.1% 1.4% 0.69 View Details
SharpeMetrix Large Cap 30
 S&P 500 29 16.5% 4.8% 0.88 View Details
SharpeMetrix Large Cap 50
 S&P 500 49 16.6% 4.9% 0.92 View Details
SharpeMetrix Russell 1000 Momentum
 Russel 1000 39 15.8% 4.5% 0.74 View Details
SharpeMetrix PowerList™ - (100) Sector Aligned
 Russel 3000 99 17.3% 7.3% 0.79 View Details
SharpeMetrix PowerList™ - (100) Unconstrained
 99 18.8% 8.8% 0.86 View Details

Explore More Fidelity SMAs

Fidelity Advisor International Growth SMA

MSCI EAFE Growth | 40-80 Holdings

Fidelity Advisor Health Care SMA

MSCI U.S. IMI Health Care 25/50 | 40-80 Holdings

Fidelity Advisor Growth Opportunities SMA

Russell 1000 Growth | 40-80 Holdings

Fidelity Advisor Large Cap Opportunities SMA

S&P 500 | 70-100 Holdings

Fidelity Advisor Small Company SMA

Russell 2000 | 60-100 Holdings

View All SMAs Comparison

Complete guide to SMAs vs TAMPs