Fidelity Advisor Emerging Europe, Middle East, Africa (EMEA) Fund Institutional Class (FIEMX)

8.97
Net Asset Value
-1.64%
1 Day
-2.39%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
No Load
Sales Expenses
1.28%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests at least 80% of assets in securities of emerging Europe, Middle East and Africa (EMEA) issuers and other investments that are tied economically to the EMEA region. It invests primarily in common stocks. The fund allocates investments across different EMEA region countries. It invests up to 35% of total assets in any industry that accounts for more than 20% of the EMEA market. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. It is non-diversified.

Performance

1 month+4.55% 3 years+10.58%
3 months+0.11% 5 years-0.92%
1 year+17.68% Since inception-0.78%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 FIEMXCategory
Performance 5-yr return-0.92%+0.16%
Expense ratio1.28%1.63%
Risk 5 year sharpe ratio--0.10
Net assets$147.5M$1.5B
Average market cap$11.0B$19.7B
Average P/E8.512.9
Portfolio turnover30%30%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureAdam Kutas / 4 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
Top 5 Sectors
Portfolio weighting
Financial service 25.73%
Energy 23.81%
Industrial materials 22.14%
Consumer service 12.63%
Telecommunication 8.71%
Top 10 Holdings
Portfolio weighting
-- Sberbank Russia OJSC8.50%
LUKOY OAO Lukoil ADR7.83%
-- Mtn Group Limited6.64%
-- OAO Gazprom4.75%
-- Turkiye Garanti Bankasi4.02%
-- Surgutneftegaz OJSC ADR3.41%
-- Firstrand Limited3.07%
-- Standard Bank Group Ltd.3.06%
-- First Gulf Bank P.J.S.C.2.79%
-- Nampak Limited2.37%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.