Fidelity® Series Emerging Markets (FEMSX)

18.65
Net Asset Value
+0.43%
1 Day
+6.27%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
No Load
Sales Expenses
1.09%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. It normally invests primarily in common stocks. The fund allocates investments across different emerging market countries. It allocates the fund's assets across different market sectors, using different Fidelity managers. 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.

Performance

1 month-1.17% 3 years+7.22%
3 months+1.41% 5 years+6.63%
1 year+11.65% Since inception+16.09%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 FEMSXCategory
Performance 5-yr return+6.63%+9.11%
Expense ratio1.09%1.60%
Risk 5 year sharpe ratio0.550.49
Net assets$9.4B$1.5B
Average market cap$12.9B$20.4B
Average P/E14.213.6
Portfolio turnover79%79%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureJim Hayes / 4 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

International stock91.99%
Other3.57%
Cash2.67%
U.S. stock1.65%
Fixed income0.12%
Top 5 Sectors
Portfolio weighting
Financial service 25.37%
Industrial materials 22.39%
Energy 15.56%
Telecommunication 8.35%
Hardware 6.90%
Top 10 Holdings
Portfolio weighting
-- Samsung Electronics Co Ltd3.75%
-- Taiwan Semiconductor Manufacturing Co Ltd2.06%
-- Industrial And Commercial Bank Of China Ltd H Shares1.72%
-- Tencent Holdings Ltd.1.69%
VALEP Vale SA ADR1.65%
-- Naspers Ltd Class N1.62%
-- Hyundai Motor Pfd1.55%
-- Daewoo International Corp1.40%
ITUB Itau Unibanco Holding SA ADR1.34%
-- MediaTek Inc1.26%

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