Fact sheet: Fidelity EmgEur ME&Afr

Fund information

Fund name
Fidelity Emerging Europe Middle East & Africa E Acc EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Nick Price
since 11/06/2007
Greg Konstantinidis
since 01/04/2017
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. • At least 70% invested 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 those that are 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. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. 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

4.25 %

1 Year rank in sector

256/257

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 610.4 m

FE Risk score

159

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • South Africa
    39.1%
  • Russia
    23.5%
  • Turkey
    10%
  • Others
    6.2%
  • United Arab Emirates
    4.6%
  • Financials
    41.9%
  • Consumer Discretionary
    22%
  • Materials
    14.1%
  • Consumer Staples
    8.6%
  • Telecommunications Utilities
    3.6%
  • South African Equities
    39.1%
  • Russian Equities
    23.5%
  • Turkish Equities
    10%
  • International Equities
    6.2%
  • African Equity
    5.8%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-2 %-0.19 %4.25 %16.9 %0 %
Sector-1.05 %7.9 %23.67 %20 %17.02 %
Rank within sector235 / 278262 / 267256 / 257167 / 208 /
Quartile th4 th4 th4 th4 th th

Calendar performance

YTD-20172016201520142013
Fund4.12 %12.68 %-6.69 %3.28 %0 %
Sector24.53 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector258 / 26188 / 23652 / 20965 / 190 /
Quartile th4 th2 nd1 st2 nd th

Risk statistics

Alpha0.5
Beta0.75
Sharpe-0
Volatility14.65
Tracking error11.22
Information ratio-0.08
R-Squared0.46

Price movement

52 week high16.98
52 week low15.28
Current bid price0
Current offer price0
Current mid price16.19

Holdings by region

  • 39.1% South Africa
  • 23.5% Russia
  • 10% Turkey
  • 6.2% Others
  • 4.6% United Arab Emirates
  • 3.9% Nigeria
  • 3.8% UK
  • 2.8% Israel
  • 2.1% Romania
  • 1.9% Australia

Holdings by sector

  • 41.9% Financials
  • 22% Consumer Discretionary
  • 14.1% Materials
  • 8.6% Consumer Staples
  • 3.6% Telecommunications Utilities
  • 3.5% Energy
  • 3.3% Information Technology
  • 2.1% Industrials
  • 0.7% Health Care
  • 0.2% Money Market

Holdings by asset type

  • 39.1% South African Equities
  • 23.5% Russian Equities
  • 10% Turkish Equities
  • 6.2% International Equities
  • 5.8% African Equity
  • 4.6% Emirian Equities
  • 3.8% UK Equities
  • 2.8% Israeli Equities
  • 2.1% European Emerging Equities
  • 1.9% Australian Equities

Individual holdings

  • 10% NASPERS
  • 9.9% SBERBANK OF RUSSIA
  • 7.8% DISCOVERY LTD
  • 6.5% STEINHOFF INTERNATIONAL HLDGS
  • 5.7% TURKIYE GARANTI BANKASI
  • 4.6% MAGNITOGORSK IRON & STEEL WORKS
  • 3.4% BARCLAYS AFRICA GROUP LTD
  • 3.1% ABU DHABI COMMERCIAL BANK
  • 2.6% PHOSAGRO PJSC
  • 2.6% TURKCELL ILETISIM HIZMET