FFEMFidelity Fundamental Emerging M
Seeks long-term growth of capital.
By Fidelity Investments · Launched 2024
0.60%
#3,235 of 5,861 · average
$43M
#3,795 of 5,861 · mid-size
+44.9%
1 year
#3,855 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 47.2% of fundmoderately concentrated
Asset allocation
By sector
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks long-term growth of capital.
- Strategy
- Normally invests at least 80% of assets in securities of issuers in emerging markets, using fundamental analysis and quantitative portfolio construction to emphasize high-conviction securities. Allocates across different emerging markets countries.
- Inception date
- November 19, 2024
- Fund family
- Fidelity Investments
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
You're paying active fees for an index
This fund charges active-management prices while tracking its benchmark almost perfectly (a high R²). The metrics below show how little active management you're getting for that premium: low tracking error and a fee well above the passive peer median.
- R²
- 97.2%
- TE
- 4.3%
- Beta
- 1.07
- Fee
- 2× 0.25%
Sources: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04