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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.

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Fidelity Advisor Small Company SMA

Russell 2000 | 60-100 Holdings

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Complete guide to SMAs vs TAMPs