Fidelity Emerging Markets W Acc

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Quick Stats

Bid Price - Offer Price -
Mid Price GBX 162.40 Day Change GBX +2.30 (1.44%)
Price Date 19 Aug 2019 Crown Rating 3
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 0.96 Fund Size 2,505,173,977.73
Launch Date 28/07/1997 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 0.96
ISIN GB00B9SMK778 Min TopUp (£) 250.00
Ongoing Charge (%) 0.9600 Ongoing Charge Date 31/07/2018

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 7.54%
AIA GROUP LTD 7.44%
SBERBANK OF RUSSIA 6.24%
HDFC BANK LTD 5.28%
TAIWAN SEMICONDUCTOR MANUFACTU 4.46%
ALIBABA GROUP HLDG LTD 4.05%
CHINA MENGNIU DAIRY CO 4.01%
HOUSING DEVELOPMENT FINANCE CO 3.45%
BANK CENTRAL ASIA 3.43%
INNER MONGOLIA YILI ENERGY CO 2.99%

Asset Breakdown

Name Weight
African Equity 0.40%
American Emerging Equities 0.70%
Brazilian Equities 3.40%
Chinese Equities 23.20%
Emirian Equities 0.50%
German Equities 1.10%
Hong Kong Equities 10.00%
Indian Equities 13.50%
Indonesian Equities 3.40%
Mexican Equities 3.30%
Money Market 4.20%
Peruvian Equity 1.30%
Russian Equities 10.40%
South African Equities 9.20%
South Korean Equities 4.00%
Taiwanese Equities 6.80%
Thai Equities 0.30%
UK Equities 1.30%
US Equities 3.00%

Region Breakdown

Name Weight
Argentina 0.70%
Brazil 3.40%
China 23.20%
Germany 1.10%
Hong Kong 10.00%
India 13.50%
Indonesia 3.40%
Korea 4.00%
Mexico 3.30%
Money Market 4.20%
Nigeria 0.40%
Peru 1.30%
Russia 10.40%
South Africa 9.20%
Taiwan 6.80%
Thailand 0.30%
UK 1.30%
USA 3.00%
United Arab Emirates 0.50%

Sector Breakdown

Name Weight
Communications 0.60%
Consumer Discretionary 21.20%
Consumer Staples 10.30%
Derivatives 0.00%
Energy 1.60%
Financials 38.10%
Health Care 2.20%
Industrials 6.10%
Information Technology 11.30%
Materials 4.50%
Money Market 4.20%