Fidelity Investments launched its Fidelity International Value Fund on Tuesday, bringing to twenty its number of internationally positioned funds, in a week that's brought closer attention to the non-U.S. investment trend.

A dip in world markets had Bloomberg, for example, musing Wednesday on the dangers of arriving late to the international funds bandwagon so many American investors have lately joined. Fidelity clearly is betting there's room for more.  

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