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
OIC
Fund manager
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

Quick stats

1 Year return

31.98 %

1 Year rank in sector

24/106

Sector

UT Specialist

Yield
-
Fund size

£ 109.4 m

FE Risk score

148

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • South Africa
    42.9%
  • Russia
    27.3%
  • Others
    5.2%
  • Turkey
    4.7%
  • United Arab Emirates
    4.7%
  • Financials
    35%
  • Consumer Discretionary
    23.6%
  • Materials
    14.6%
  • Consumer Staples
    11.8%
  • Information Technology
    5.9%
  • South African Equities
    42.9%
  • Russian Equities
    27.3%
  • International Equities
    5.3%
  • Emirian Equities
    4.7%
  • Turkish Equities
    4.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.82 %8.52 %31.98 %28.43 %49.45 %
Sector0.51 %5.85 %18.47 %19.77 %38.19 %
Rank within sector83 / 10843 / 10624 / 10639 / 9934 / 84
Quartile th4 th2 nd1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund6.27 %35.15 %-10.58 %-2.22 %5.04 %
Sector4.25 %22.72 %-4.47 %1.15 %4.5 %
Rank within sector43 / 10628 / 10580 / 10170 / 9743 / 87
Quartile th2 nd2 nd4 th3 rd2 nd

Risk statistics

Alpha-0.15
Beta1.31
Sharpe0.36
Volatility15.23
Tracking error8.76
Information ratio0.17
R-Squared0.7

Price movement

52 week high211.7
52 week low156.4
Current bid price0
Current offer price0
Current mid price205.1

Holdings by region

  • 42.9% South Africa
  • 27.3% Russia
  • 5.2% Others
  • 4.7% Turkey
  • 4.7% United Arab Emirates
  • 3% Poland
  • 2.9% Nigeria
  • 2.5% Israel
  • 2% Romania
  • 1.7% Kenya

Holdings by sector

  • 35% Financials
  • 23.6% Consumer Discretionary
  • 14.6% Materials
  • 11.8% Consumer Staples
  • 5.9% Information Technology
  • 5% Energy
  • 1.6% Money Market
  • 1.1% Telecommunications Utilities
  • 0.8% Health Care
  • 0.5% Industrials

Holdings by asset type

  • 42.9% South African Equities
  • 27.3% Russian Equities
  • 5.3% International Equities
  • 4.7% Emirian Equities
  • 4.7% Turkish Equities
  • 4.6% African Equity
  • 3% Polish Equities
  • 2.5% Israeli Equities
  • 2% European Emerging Equities
  • 1.6% Money Market

Individual holdings

  • 9.96% NASPERS
  • 9.71% SBERBANK OF RUSSIA
  • 8.21% STEINHOFF INTERNATIONAL HLDGS
  • 7.83% DISCOVERY LTD
  • 4.03% BID CORPORATION LTD
  • 3.81% MAIL.RU GROUP LTD
  • 3.79% MAGMA OPEN JT STK CO
  • 3.04% KRUK SA
  • 2.99% ABU DHABI COMMERCIAL BANK
  • 2.86% NOVOLIPETSK IRON AND STEEL CORP