FFEMFidelity Fundamental Emerging M

Grow my money1y track recordRanked #2,028 of 2,960 in this goal

Seeks long-term growth of capital.

By Fidelity Investments · Launched 2024

Annual Cost

0.60%

#3,108 of 5,562 · average

Fund Size

$43M

#3,702 of 5,562 · mid-size

Return (1Y)Goal

+68.4%

Track Record

1 year

#3,948 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$16,799+68.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Emerging markets

Cap

Multi cap

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 45.1% of fundmoderately concentrated

TAIWAN SEMICONDUCTOR MFG CO LTD

14.5%

SAMSUNG ELECTRONICS CO LTD

7.8%

TENCENT HLDGS LTD

6.6%

SK HYNIX INC

4.0%

ALIBABA GROUP HOLDING LTD

3.7%

CONTEMPORARY AMPEREX TECHNOLOGY CO LTD

1.9%

HDFC BANK LTD

1.7%

MEDIATEK INC

1.7%

AL RAJHI BANK

1.6%

CHINA CONSTRUCTION BANK CORP

1.6%

Asset allocation

Stocks

99.2%

Cash

0.8%

By sector

Technology

43.6%

Financial Services

18.3%

Industrials

8.8%

Consumer Cyclical

7.6%

Communication

6.6%

Basic Materials

5.0%

Healthcare

3.2%

Energy

3.0%

Other

3.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

23.6%High

Year-on-year price swings

Max drawdown

-16.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks long-term growth of capital.
Strategy: Invests primarily in common stocks, normally at least 80% in securities of issuers in emerging markets and depositary receipts tied to them. The Adviser uses fundamental analysis and quantitative portfolio construction to select securities with high conviction while considering risk, liquidity, and trading characteristics.
Inception date: November 19, 2024
Fund family: Fidelity Investments