Fact sheet: Fidelity EmEur Md Et Af

Fund information

Fund name
Fidelity Emerging Europe Middle East and Africa W Acc
Fund company manager
Fidelity International (FIL In
Fund type
OEIC
Fund manager(s)
Nick Price
since 14/01/2008
Greg Konstantinidis
since 26/01/2017
Fund objective
Aims to provide long-term capital growth. Invests primarily in the shares of companies having their head office or a main part of their activity in the less developed countries of Central, Eastern and Southern Europe (including Russia), the Middle East and Africa including countries which are considered emerging markets according to the MSCI Emerging Markets Europe, Middle East and Africa Index. 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 EMEA Index (Capped 5%)
Investment style
Growth
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

18.67 %

1 Year rank in sector

10/109

Sector

UT Specialist

Yield
-
Fund size

£ 114.8 m

FE Risk score

150

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • South Africa
    39.7%
  • Russia
    22.1%
  • Turkey
    7.2%
  • Others
    6.8%
  • United Arab Emirates
    4.4%
  • Financials
    40.9%
  • Consumer Discretionary
    22.4%
  • Materials
    12.7%
  • Consumer Staples
    9.8%
  • Information Technology
    4.1%
  • South African Equities
    39.7%
  • Russian Equities
    22.1%
  • Turkish Equities
    7.2%
  • International Equities
    6.8%
  • African Equity
    6%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund5.15 %10.36 %18.67 %43.25 %50.09 %
Sector2.4 %2.95 %7.54 %28.4 %34.03 %
Rank within sector22 / 11315 / 11310 / 10932 / 10435 / 89
Quartile th1 st1 st1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund14.3 %35.15 %-10.58 %-2.22 %5.04 %
Sector7.52 %22.72 %-4.47 %1.15 %4.5 %
Rank within sector22 / 10928 / 10883 / 10473 / 10045 / 90
Quartile th1 st2 nd4 th3 rd2 nd

Risk statistics

Alpha-0.02
Beta1.38
Sharpe0.41
Volatility16.04
Tracking error9.33
Information ratio0.24
R-Squared0.71

Price movement

52 week high222.8
52 week low172.3
Current bid price0
Current offer price0
Current mid price220.6

Holdings by region

  • 39.7% South Africa
  • 22.1% Russia
  • 7.2% Turkey
  • 6.8% Others
  • 4.4% United Arab Emirates
  • 3.7% Nigeria
  • 3.4% UK
  • 3% Money Market
  • 2.7% Israel
  • 2.6% Poland

Holdings by sector

  • 40.9% Financials
  • 22.4% Consumer Discretionary
  • 12.7% Materials
  • 9.8% Consumer Staples
  • 4.1% Information Technology
  • 3.4% Energy
  • 3% Money Market
  • 1.6% Industrials
  • 1.3% Telecommunications Utilities
  • 0.7% Health Care

Holdings by asset type

  • 39.7% South African Equities
  • 22.1% Russian Equities
  • 7.2% Turkish Equities
  • 6.8% International Equities
  • 6% African Equity
  • 4.4% Emirian Equities
  • 3.4% UK Equities
  • 3% Money Market
  • 2.7% Israeli Equities
  • 2.6% Polish Equities

Individual holdings

  • 9.73% SBERBANK OF RUSSIA
  • 9.67% NASPERS
  • 8.19% DISCOVERY LTD
  • 7.03% STEINHOFF INTERNATIONAL HLDGS
  • 5.19% TURKIYE GARANTI BANKASI
  • 4.25% MAGNITOGORSK IRON & STEEL WORKS
  • 2.86% ABU DHABI COMMERCIAL BANK
  • 2.64% KRUK SA
  • 2.45% PHOSAGRO PJSC
  • 2.44% BID CORPORATION LTD