Fact sheet: Fidelity FAST Emg Mkts

Fund information
Fund name
Fidelity FAST Emerging Markets A Acc USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund manager
  • Nick Pricesince 31/10/2011
Fund objective
Aims to provide long-term capital growth. At least 70% invested in shares and related instruments that provide exposure to companies that have their head office in, are listed in, or have a main part of their activity in global emerging markets. Emerging markets include (but are not limited to) those 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. 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. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. 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
-4.7%
1 Year rank in sector
242/258
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.
1.99%
Fund size
£1,793m (£1,463m 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.
119
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs43.9%
GAM Star Nth of Sth EM Eq37.4%
HSBC GIFEconScaleIxGEMEq36.5%
Dimensional EmMkt Tgt Val32%
Templeton BRIC32%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • India21.9%
    South Africa16.1%
    China16%
    Hong Kong9.8%
    Russia9.3%
  • Financials29%
    Consumer Discretionary27.6%
    Information Technology22.1%
    Consumer Staples16.7%
    Industrials7%
  • Indian Equities21.9%
    South African Equities16.1%
    Chinese Equities16%
    Hong Kong Equities9.8%
    Russian Equities9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.9%-11.8%-5.3%-4.7%-11.4%20.9%
Sector-2.7%-4.3%5.9%6.5%-7.7%0.7%
Rank within sector235 / 263261 / 267254 / 263242 / 258145 / 21040 / 160
Quartile4th4th4th4th3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund-3.5%-8.4%-1.7%16.5%23.1%
Sector9%-14.3%-1.4%-0.7%14.2%
Rank within sector243 / 25864 / 241122 / 21514 / 18924 / 161
Quartile4th2nd3rd1st1st
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.
-1.56
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.
0.86
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.
-0.01
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%.
13.89
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.
7.47
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.
-0.18
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.
0.73
Price movement
52 week high134.32
52 week low108.14
Current bid price-
Current offer price-
Current mid price118.42
Region
1India21.9%
2South Africa16.1%
3China16%
4Hong Kong9.8%
5Russia9.3%
6Taiwan8.3%
7Brazil5.9%
8Mexico5.9%
9Others5.1%
Industry sector
1Financials29%
2Consumer Discretionary27.6%
3Information Technology22.1%
4Consumer Staples16.7%
5Industrials7%
6Materials5.9%
7Health Care1.1%
8Others-0.8%
9Real Estate-1.3%
Asset type
1Indian Equities21.9%
2South African Equities16.1%
3Chinese Equities16%
4Hong Kong Equities9.8%
5Russian Equities9.3%
6Taiwanese Equities8.3%
7Brazilian Equities5.9%
8Mexican Equities5.9%
9Indonesian Equities3%
Individual holdings
1NASPERS6.9%
2HDFC BANK LTD6.7%
3AIA GROUP LTD5.5%
4TAIWAN SEMICONDUCTOR MANUFACTURING5.4%
5FOMENTO ECONOMICO MEXCANO SAB DE CV4.3%
6STEINHOFF INTERNATIONAL HLDGS4.1%
7SBERBANK OF RUSSIA3.2%
8BAIDU INC2.9%
9COGNIZANT TECHNOLOGY SOLUTIONS CORP2.6%
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 shares and related instruments that provide exposure to companies that have their head office in, are listed in, or have a main part of their activity in global emerging markets. Emerging markets include (but are not limited to) those 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. 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. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. 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
Nick Price31/10/2011Nick 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
Transparent for Austrian Tax, Transparent for Swiss Tax, Singapore ILIP, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Iceland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Sweden
Fidelity FAST Emerging Markets
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124.25
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0QXN
Fidelity FAST Emerging Markets A Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price81.91
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSVH
Fidelity FAST Emerging Markets 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)1.99%
Total expense ratio (TER)2.02%
Bid price-
Offer price-
Mid price118.42
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0H6T
Fidelity FAST Emerging Markets 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)2.01%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price128.17
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0H6U
Fidelity FAST Emerging Markets E Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF83Y
Fidelity FAST Emerging Markets I Acc USD
Initial charge1%
Annual charge0.8%
Min single investment£20,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price124.25
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IUN
Fidelity FAST Emerging Markets USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price118.42
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IPU
Fidelity FAST Emerging Markets Y Acc EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.7
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4SX
Fidelity FAST Emerging Markets Y Acc GBP
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price154.99
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0H6W
Fidelity FAST Emerging Markets Y Acc USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price122.74
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0H6V
Fidelity FAST Emerging Markets Y Dis USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.21
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE05Q
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.