Fact sheet: FF Emg Mkt Focs

Fund information
Fund name
FF Emerging Markets Focus A Acc USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund manager
  • Alex Duffysince 29/09/2014
Fund objective
Aims to provide long-term capital growth. At least 70% invested in equity securities of, and related instruments providing exposure to, companies that have their head office in, are listed in, or exercise a predominant part of their activity in developing markets including, although not limited to, countries in Latin America, South East Asia, Africa, Eastern Europe (including Russia) and the Middle East. The fund may invest its net assets directly in China A and B Shares. The fund invests in a limited number of securities, resulting in a reasonably concentrated portfolio. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
17.8%
1 Year rank in sector
84/258
Sector
FO Equity - Emerging Markets
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.04%
Fund size
£6m (£2m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
121
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq47.6%
T. Rowe Price EmgMktsEq46.7%
Wells Fargo WW Emg Mkts Eq45.7%
Templeton BRIC45%
GS BRICs Rqt Portfl44.9%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others15%
    India14%
    China12.2%
    South Africa11.9%
    Taiwan10.8%
  • Financials29.3%
    Information Technology21.5%
    Consumer Discretionary19.9%
    Consumer Staples10.4%
    Materials4.7%
  • International Equities15%
    Indian Equities14%
    Chinese Equities12.2%
    South African Equities11.9%
    Taiwanese Equities10.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%9%11.5%17.8%--
Sector0.6%10.1%11.6%11.8%-3.3%12.7%
Rank within sector130 / 264165 / 264147 / 26084 / 258--
Quartile2nd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund15.1%-12%---
Sector14.2%-14.3%-1.4%-0.7%14.2%
Rank within sector129 / 259117 / 243---
Quartile2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high10.16
52 week low7.72
Current bid price-
Current offer price-
Current mid price10.09
Region
1Others15%
2India14%
3China12.2%
4South Africa11.9%
5Taiwan10.8%
6Hong Kong9.4%
7Brazil7%
8Mexico6.2%
9Money Market4.2%
Industry sector
1Financials29.3%
2Information Technology21.5%
3Consumer Discretionary19.9%
4Consumer Staples10.4%
5Materials4.7%
6Health Care4.3%
7Money Market4.2%
8Energy2.2%
9Telecommunications Utilities2.2%
Asset type
1International Equities15%
2Indian Equities14%
3Chinese Equities12.2%
4South African Equities11.9%
5Taiwanese Equities10.8%
6Hong Kong Equities9.4%
7Brazilian Equities7%
8Mexican Equities6.2%
9Money Market4.2%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING5.52%
2HDFC BANK LTD5.26%
3NASPERS4.88%
4AIA GROUP LTD4.37%
5ITAUSA INVESTIMENTOS ITAU SA3.15%
6AVI LTD2.98%
7NETEASE INC2.98%
8INTERNATIONAL FLAVORS & FRAGRANCES2.95%
9TECHTRONIC INDUSTRIES CO2.95%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide long-term capital growth. At least 70% invested in equity securities of, and related instruments providing exposure to, companies that have their head office in, are listed in, or exercise a predominant part of their activity in developing markets including, although not limited to, countries in Latin America, South East Asia, Africa, Eastern Europe (including Russia) and the Middle East. The fund may invest its net assets directly in China A and B Shares. The fund invests in a limited number of securities, resulting in a reasonably concentrated portfolio. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Alex Duffy29/09/2014Alex Duffy joined Fidelity in 2004 as a European Business Services Analyst and has been portfolio manager of the Fidelity Global Emerging Markets Fund since 2013. In 2005, Alex joined the EMEA team as a research analyst covering raw materials and natural resources, both of which are key sectors in Latin America. In 2007, he took over management of an EMEA pilot fund while retaining research responsibility for natural resources. He was appointed co-manager of the Latin America pilot fund, alongside Angel Ortiz, in 2008. In April 2009 he was appointed co-manager of the Fidelity Funds Latin America Fund. Since 2013, and in addition to his Latin American regional responsibilities, Alex has been developing a global emerging market strategy. Alex holds an MA in Economic Analysis from the University of Nottingham.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Hungary, Italy, Jersey, Luxembourg, Malta, Netherlands, Norway, Offshore, Poland, Singapore, Slovakia, Sweden
FF Emerging Markets Focus A Acc USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.09
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNBW
FF Emerging Markets Focus A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.37
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNBV
FF Emerging Markets Focus A Hedged Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.46
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNBY
FF Emerging Markets Focus A USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNBU
FF Emerging Markets Focus I Acc USD
Initial charge-
Annual charge0.8%
Min single investment£500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFNBZ
FF Emerging Markets Focus Y Acc USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.25
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFNBX
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.