Fidelity Emerging Markets Retail Acc

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Quick Stats

Bid Price - Offer Price -
Mid Price GBX 188.90 Day Change GBX -1.10 (-0.58%)
Price Date 18 Oct 2019 Crown Rating 3
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 1.71 Fund Size 2,443,489,237.07
Launch Date 28/07/1997 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.71
ISIN GB00B4NTG252 Min TopUp (£) 250.00
Ongoing Charge (%) 1.7100 Ongoing Charge Date 30/06/2019

Fund Objective

Aims to provide long-term capital growth with the level of income expected to be low. Invests 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. 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. The fund has discretion in its choices of investments within its objectives and policies.

Fund Managers

Nick Price

Nick Price is the Team Leader of Fidelity’s Emerging Markets Equity investment team. He joined Fidelity in January 1998 as a research analyst covering a number of pan-European sectors before being selected as the assistant portfolio manager for Fidelity’s flagship European Growth Fund in September 2004. In 2005, Nick led the development of Fidelity’s Emerging EMEA group, launching the team’s first portfolio on 30th November 2005. After 4 years of successfully managing our Emerging EMEA discipline, and supported by a growing emerging markets team of analysts and portfolio managers, Nick was appointed to manage Fidelity’s Emerging Market Equity products in July 2009.Prior to joining Fidelity, Nick was working as an Accountant with SBC Warburg from 1996-1997, based in London; an FX Product Accountant with Daiwa Europe Bank between 1995-1996, based in London; a Project Accountant for JP Morgan from 1993-1995, based in London and Senior Auditor for Price Waterhouse from 1991-1993, based in Johannesburg. Nick holds a Bachelor of Commerce and Diploma in Accounting from the University of Natal and is a Member of the South African Institute of Chartered Accountants and is a CFA Charter holder.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
NASPERS 8.11%
SBERBANK OF RUSSIA 5.96%
AIA GROUP LTD 5.75%
TAIWAN SEMICONDUCTOR MANUFACTU 5.67%
ALIBABA GROUP HLDG LTD 5.49%
HDFC BANK LTD 4.68%
CHINA MENGNIU DAIRY CO 4.58%
BANK CENTRAL ASIA 3.68%
HOUSING DEVELOPMENT FINANCE CO 3.52%
INFOSYS 3.24%

Asset Breakdown

Name Weight
African Equity 0.40%
Alternative Investment Strateg 0.00%
Brazilian Equities 3.60%
Chinese Equities 27.50%
German Equities 1.10%
Hong Kong Equities 7.30%
Indian Equities 14.30%
Indonesian Equities 3.70%
Mexican Equities 3.40%
Money Market 3.00%
Peruvian Equity 1.90%
Russian Equities 10.00%
South African Equities 8.50%
South Korean Equities 3.70%
Taiwanese Equities 7.50%
Thai Equities 0.50%
UK Equities 0.80%
US Equities 2.90%

Region Breakdown

Name Weight
Brazil 3.60%
China 27.50%
Germany 1.10%
Hong Kong 7.30%
India 14.30%
Indonesia 3.70%
Korea 3.70%
Mexico 3.40%
Money Market 3.00%
Nigeria 0.40%
Not Specified 0.00%
Peru 1.90%
Russia 10.00%
South Africa 8.50%
Taiwan 7.50%
Thailand 0.50%
UK 0.80%
USA 2.90%

Sector Breakdown

Name Weight
Communications 0.60%
Consumer Discretionary 24.70%
Consumer Staples 10.40%
Energy 1.40%
Financials 33.90%
Health Care 2.70%
Industrials 7.50%
Information Technology 13.00%
Materials 2.80%
Money Market 3.00%