The Fidelity Global Emerging Markets Fund is available as an Unlisted Fund or ASX Quoted Fund.
To achieve returns in excess of the MSCI Emerging Markets Index NR over the medium to long term.
Invests in a concentrated portfolio of typically 30 to 50 companies in emerging markets. The fund favours those companies that have a track record of robust corporate governance.
A rigorous bottom-up stock selection process that focuses on companies that we believe are well positioned to generate returns through market cycles and have demonstrated a track record of strong corporate governance.
A portfolio construction process based on conviction of quality and returns over time, with no reference to an underlying index.
FUND | INAV | |
---|---|---|
ISIN | AU0000027708 | |
SEDOL | BGDQ7G1 | |
RIC | FEMX.AX | FEMXAUiv.P |
Bloomberg Code | FEMX AU Equity | FEMXIV Index |
Net returns as at 30 June 2022
Timeframe | Fund | Benchmark | Active return |
---|---|---|---|
1 yr % | -15.90 | -18.43 | 2.53 |
3 yr % pa | 5.15 | 1.25 | 3.90 |
5 yr % pa | - | - | - |
Since inception (29/10/18) % pa | 11.33 | 5.07 | 6.26 |
Timeframe | 1 yr % |
3 yr % pa |
5 yr % pa |
Since inception (29/10/18) % pa |
---|---|---|---|---|
Fund | -15.90 | 5.15 | - | 11.33 |
Benchmark | -18.43 | 1.25 | - | 5.07 |
Active return | 2.53 | 3.90 | - | 6.26 |
Total net returns represent past performance only. Past performance is not a reliable indicator of future performance. Returns of the Fund can be volatile and in some periods may be negative. The Fund is subject to the risk of stock market fluctuations. The return of capital is not guaranteed. Benchmark: MSCI Emerging Markets Index NR. NR at the end of the benchmark name indicates the return is calculated including reinvesting net dividends. The dividend is reinvested after deduction of withholding tax, applying the withholding tax rate to non-resident individuals who do not benefit from double taxation treaties.
Chart as at: 30 June 2022
Total net returns represent past performance only. Past performance is not a reliable indicator of future performance. Returns of the Fund can be volatile and in some periods may be negative. The Fund is subject to the risk of stock market fluctuations. The return of capital is not guaranteed. Benchmark: MSCI Emerging Markets Index NR. NR at the end of the benchmark name indicates the return is calculated including reinvesting net dividends. The dividend is reinvested after deduction of withholding tax, applying the withholding tax rate to non-resident individuals who do not benefit from double taxation treaties.
As at 31 May 2022
As at 31 May 2022
% total net assets | |
---|---|
TAIWAN SEMICONDUCTOR MFG CO LTD | 8.1% |
HDFC BANK LTD | 4.6% |
CHINA MENGNIU DAIRY CO | 4.5% |
AIA GROUP LTD | 4.4% |
BANK CENTRAL ASIA TBK PT | 3.4% |
SK HYNIX INC | 3.3% |
ZHONGSHENG GROUP HOLDINGS LTD | 3.2% |
MEDIATEK INC | 3.2% |
FIRST QUANTUM MINERALS LTD | 3.2% |
SAMSUNG ELECTRONICS CO LTD | 3.0% |
Distribution | Distribution (CPU) | Reinvestment price |
---|---|---|
30-Jun-22 | 9.5203 | $5.7235 |
Find details of the Fund's Attribution Managed Investment Trust ("AMIT") status and payment information below.
This information is provided solely for the purposes of determining MIT non-resident withholding tax under the Taxation Administration Act 1953 and should not be used for any other purpose.
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This Fund is subject to the risk of stock market fluctuations. Investors accessing the Fund through a master trust or wrap account will also bear any fees charged by the operator of such master trust or wrap account. Any apparent discrepancies in the numbers are due to rounding.
1Management costs are current as at the date of publication of this website. These fees may be subject to change in the future.
2Total returns (net) have been calculated using the net asset value of the Fund from one period to the next. The returns include any re-invested distributions and are after fees and expenses. No allowance has been made for taxation. For periods of less than one-year returns are not annualised. The return of capital is not guaranteed.
One trade gives you access to a diversified portfolio of 30 to 50 actively managed emerging market shares.
Access to a prudent, focused investment process designed to provide you with attractive returns over time, and minimise downside risk.
There is no paperwork for investors with a trading account and no minimum investment size.
Settle into our short video to learn more about Active ETFs and whether they suit your portfolio.
Amit Goel, Portfolio Manager of Fidelity’s Global Emerging Markets Strategies talks about his philosophy, where he is finding opportunities in emerging markets and why active management is so important when investing in the region.
Emerging market countries are home to some of the world's fastest growing economies and innovative companies.
This Fund is subject to the risk of stock market fluctuations. Investors accessing the Fund through a master trust or wrap account will also bear any fees charged by the operator of such master trust or wrap account. Any apparent discrepancies in the numbers are due to rounding.
1Management costs are current as at the date of publication of this website. These fees may be subject to change in the future.
2Total returns (net) have been calculated using the net asset value of the Fund from one period to the next. The returns include any re-invested distributions and are after fees and expenses. No allowance has been made for taxation. For periods of less than one-year returns are not annualised. The return of capital is not guaranteed.