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
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
26.9%
1 Year rank in sector
52/56
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
£1,727m (£1,080m 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.
118
Mid price
135.2
Top in this sector
Fund name1 Year
FP Hndrsn Rwe FTSERAFIEmgMkts52.5%
Scot Wid Fdmtl Index Emg Mkt Eq52.3%
Neptune Emerging Markets47.2%
Templeton Global Emeg Mkts44.4%
Lazard Emerging Markets44.2%
...more in UT Global Emerging Markets

Performance snapshot

Holdings snapshot

  • China15.5%
    South Africa14.3%
    Russia12%
    India9.9%
    Hong Kong9.9%
  • Financials27.2%
    Consumer Discretionary24.1%
    Information Technology21.3%
    Consumer Staples10.9%
    Materials8.8%
  • Chinese Equities15.5%
    South African Equities14.3%
    Russian Equities12%
    Indian Equities9.9%
    Hong Kong Equities9.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%10.5%6.2%26.9%44.1%48.4%
Sector2.2%12.3%10%36.4%40.5%31.8%
Rank within sector32 / 5852 / 5752 / 5752 / 5626 / 485 / 39
Quartile3rd4th4th4th3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund8.9%19.7%-1.1%5.9%9.9%
Sector10.1%32.6%-10.6%3%-2.6%
Rank within sector46 / 5754 / 552 / 5216 / 471 / 44
Quartile4th4th1st2nd1st
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.
1.76
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.
0.85
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.
0.56
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%.
13.9
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.
5.51
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.
0.03
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.
0.86
Price movement
52 week high138.2
52 week low100.8
Current bid price-
Current offer price-
Current mid price135.2
Region
1China15.48%
2South Africa14.27%
3Russia11.96%
4India9.92%
5Hong Kong9.88%
6Others8.44%
7Taiwan7.81%
8Brazil6.15%
9Korea4.93%
Industry sector
1Financials27.2%
2Consumer Discretionary24.1%
3Information Technology21.3%
4Consumer Staples10.9%
5Materials8.8%
6Money Market3.3%
7Industrials2.7%
8Health Care1.7%
Asset type
1Chinese Equities15.48%
2South African Equities14.27%
3Russian Equities11.96%
4Indian Equities9.92%
5Hong Kong Equities9.88%
6International Equities8.44%
7Taiwanese Equities7.81%
8Brazilian Equities6.15%
9South Korean Equities4.93%
Individual holdings
1NASPERS6.3%
2TAIWAN SEMICONDUCTOR MANUFACTURING5.89%
3SBERBANK OF RUSSIA5.17%
4AIA GROUP LTD4.98%
5HDFC BANK LTD4.84%
6STEINHOFF INTERNATIONAL HLDGS3.97%
7BAIDU INC3.34%
8GRUPO MEXICO SAB DE CV SER B2.8%
9NEW ORIENTAL EDUCATION & TECHNOLOGY2.59%
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 price410.6
CurrencyGBX
Price updated27/03/2017
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 price162.1
CurrencyGBX
Price updated27/03/2017
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 price135.2
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJAZJ
Data provided by

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