Fact sheet: Fidelity Emerging Markets

Fund information
Fund name
Fidelity Emerging Markets W Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Nick Pricesince 22/03/2010
Accolades
Fund objective
The Fund aims to provide long-term capital growth with the level of income expected to be low by investing primarily in company shares in countries experiencing rapid economic growth including those in Africa, the Indian sub-continent, Latin America, South East Asia, Europe and the Middle East and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It 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.
Benchmark
  • MSCI Emerging Markets
Investment style
None
Investment method
Shares
Quick stats
1 Year return
17.1%
1 Year rank in sector
56/57
Sector
UT Global 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.
1.07%
Fund size
£1,677m (£975m 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.
120
Mid price
119.4
Top in this sector
Fund name1 Year
Scot Wid Fdmtl Index Emg Mkt Eq48%
FP Hndrsn Rwe FTSERAFIEmgMkts46.7%
Lazard Emerging Markets35%
NFU Mutual Global Emerging Mkts34.6%
Artemis Gbl Emg Mkts32.9%
...more in UT Global Emerging Markets

Performance snapshot

Holdings snapshot

  • China19%
    India14.5%
    South Africa13%
    Hong Kong9.5%
    Taiwan9.3%
  • Consumer Discretionary25.2%
    Financials25.2%
    Information Technology22.7%
    Consumer Staples14.9%
    Industrials3.9%
  • Chinese Equities19%
    Indian Equities14.5%
    South African Equities13%
    Hong Kong Equities9.5%
    Taiwanese Equities9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.5%-4.4%9.6%17.1%22.1%41.7%
Sector-4.7%-2%18.1%26.6%17.1%24.7%
Rank within sector41 / 5950 / 5957 / 5956 / 5720 / 485 / 40
Quartile3rd4th4th4th2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund15.1%-1.1%5.9%9.9%11%
Sector27.6%-10.6%3%-2.6%12.6%
Rank within sector56 / 572 / 5318 / 481 / 4529 / 40
Quartile4th1st2nd1st3rd
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.
2.5
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.
0.87
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.
0.26
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%.
14.74
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.
5.64
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.
0.32
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.
0.87
Price movement
52 week high134.8
52 week low93.12
Current bid price-
Current offer price-
Current mid price119.4
Region
1China18.98%
2India14.53%
3South Africa12.99%
4Hong Kong9.53%
5Taiwan9.29%
6Mexico6.11%
7Russia5.18%
8Brazil5.12%
9Korea3.99%
Industry sector
1Consumer Discretionary25.22%
2Financials25.17%
3Information Technology22.72%
4Consumer Staples14.94%
5Industrials3.87%
6Materials3.73%
7Money Market2.68%
8Health Care1.66%
Asset type
1Chinese Equities18.98%
2Indian Equities14.53%
3South African Equities12.99%
4Hong Kong Equities9.53%
5Taiwanese Equities9.29%
6Mexican Equities6.11%
7Russian Equities5.18%
8Brazilian Equities5.12%
9South Korean Equities3.99%
Individual holdings
1HDFC BANK LTD6.29%
2HDFC BANK LTD6.29%
3TAIWAN SEMICONDUCTOR MANUFACTURING6.18%
4NASPERS5.87%
5AIA GROUP LTD5.26%
6STEINHOFF INTERNATIONAL HLDGS3.59%
7BAIDU INC3.07%
8COGNIZANT TECHNOLOGY SOLUTIONS CORP2.37%
9TECHTRONIC INDUSTRIES CO2.35%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
The Fund aims to provide long-term capital growth with the level of income expected to be low by investing primarily in company shares in countries experiencing rapid economic growth including those in Africa, the Indian sub-continent, Latin America, South East Asia, Europe and the Middle East and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It 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.
Benchmark
  • MSCI Emerging Markets
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Nick Price22/03/2010Nick Price is Fidelitys primary Global Emerging Market (GEM) and Emerging EMEA equity portfolio manager. He joined Fidelity in January 1998 as a research analyst before being selected as the assistant portfolio manager for Fidelitys flagship European Growth Fund in 2004. He launched the teams first EMEA portfolio in late 2005 and was later appointed to manage Fidelitys GEM strategies in mid 2009. Before joining Fidelity, Nick worked for a variety of investment banks in London and prior to that, worked as a Senior Auditor for PriceWaterhouse in Johannesburg. Nick holds a Bachelor of Commerce and Diploma in Accounting from the University of Natal, is a Member of the South African Institute of Chartered Accountants and is a CFA Charterholder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Denmark, Finland, France, United Kingdom, Guernsey, Ireland, Netherlands, Norway, Sweden
Fidelity Emerging Markets Institutional Acc
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price362.9
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI19
Fidelity Emerging Markets Retail Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price143.6
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ1T8
Fidelity Emerging Markets W Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price119.4
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJAZJ
Data provided by

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