REAL ESTATE INVESTMENT FUND INSIGHTS
The Lowdown on MUTF:FIREX
Quarterly Review for Fidelity International Real Estate Fund in 2025: Insights and Analysis
Rest assured, buddy! You asked, and I'll deliver – let's dive into the deets about the MUTF:FIREX, also known as the Fidelity International Real Estate Fund (FIREX). Got all that? Cool!
Steering the Ship
The master at the helm is none other than Guillermo de las Casas, leading Fidelity’s international real estate equity strategy.
Manager(s): Guillermo de las Casas
Tag Team
The Fund competes under the Fund Global Real Estate category, a playground for funds investing worldwide in real estate investment trusts (REITs) and real estate securities.
Trading Symbol: MUTF:FIREX
The Skinny on MUTF:FIREX
This baby focuses primarily on international real estate equities, offering exposure to global real estate markets outside the United States. Sounds like a globe-trotting dream, huh?
Start Date: September 08, 2004
A Snapshot of Q1 2025 Performance
Sadly, during Q1 2025, the fund stumbled, with Retail Class shares gaining just 3.27%. While it's better than some, it underperformed the sector index and lagged a broader real estate benchmark, which returned a robust 6.94%.
Size (in millions): $292.35
Over the Long Haul
Now, while we don't have all the teaspoons of data for the multi-year track record, the Q1 2025 commentary showed that the fund has been underperforming compared to its peers and the sector index. That might be a bummer, but hey, it happens!
Morningstar Category: Fund Global Real Estate
Goin' the Distance
Remember, this little tidbit is just a quick glance. For a more in-depth understanding, you might wanna research further or check out the fund's official reports. After all, a well-informed decision is a smart decision!
Stock markets, especially foreign markets, are volatile and can decline significantly in response to
Learn more with these Key Points
| Feature | Details ||----------------------------|----------------------------------------------------------------------|| Fund Name | Fidelity International Real Estate Fund (MUTF:FIREX) || Manager | Guillermo de las Casas || Category | Fund Global Real Estate || Q1 2025 Performance | 3.27% (Retail Class Shares) || Sector Index Performance | Higher than 3.27%; benchmark returned 6.94% || Focus | International real estate equities, excluding U.S. || Commentary | The Q1 2025 commentary highlighted the fund's underperformance |
Wrapping Up
So there ya have it, mate! That's the low-down on the Fidelity International Real Estate Fund during Q1 2025. Keep in mind that investing is a wild ride, and sometimes you gotta ride the waves ‘til the tide turns. Stay sharp, cowboy!
The MUTF:FIREX, also known as the Fidelity International Real Estate Fund (FIREX), is a fund investing worldwide in real estate investment trusts (REITs) and real estate securities under the Fund Global Real Estate category. Guillermo de las Casas, leading Fidelity’s international real estate equity strategy, manages the fund. During Q1 2025, the fund's Retail Class shares gained 3.27%, underperforming the sector index and a broader real estate benchmark. As a result, the Q1 2025 commentary showed that the fund has been underperforming compared to its peers and the sector index.
