Fidelity Institutional Emerging Markets Fund W Acc

Name
Fidelity Institutional Emerging Markets Fund W Acc
Manager
FIL Investment Services (UK) Ltd
Type
Open Ended Investment Company
ISIN
GB00B9SMK778
Sector
Global Emerging Markets
Launched
13/05/2013
OCF
0.96 %
Risk Rating
4
3 Year Sharpe
0.32
3 Year Alpha
1.08
Yield
1.4 %
Benchmark
MSCI EM NR USD
The Fund aims to increase the value of your investment over a period of 5 years of more. The Fund will invest at least 70% in equities (and their related securities) of companies (those domiciled, incorporated or having significant business or being listed) in countries experiencing higher levels of economic growth within Africa, the Indian sub-continent, Latin America, East and South East Asia, Central and Eastern Europe (including Russia) and the Middle East. This includes countries considered to be emerging markets as determined by the Investment Manager at its sole discretion. The Investment Manager is not restricted in terms of industry. The Fund is actively managed. The Investment Manager identifies suitable investment opportunities for the Fund, utilizing in-house research and investment capability.
Holding %
Alibaba Group Holding Ltd ADR 9.36 %
Naspers Ltd Class N 5.68 %
Taiwan Semiconductor Manufacturing Co Ltd 5.63 %
Samsung Electronics Co Ltd 5.34 %
HDFC Bank Ltd 4.69 %
China Mengniu Dairy Co Ltd 4.60 %
AIA Group Ltd 4.55 %
Zhongsheng Group Holdings Ltd 4.36 %
Tencent Holdings Ltd 4.17 %
Fidelity ILF - USD A Acc 3.64 %
Region %
Asia - Emerging 53.90 %
Asia - Developed 23.80 %
Africa 6.66 %
Latin America 5.28 %
Europe - Emerging 5.27 %
Sector %
Financial Services 22.92 %
Technology 22.69 %
Consumer Cyclical 21.04 %
Communication Services 11.82 %
Consumer Defensive 9.78 %
Industrials 6.02 %
Name
FIL Investment Services (UK) Ltd
Address
TN11 9DZ, Hildenborough, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Amit Goel
Joined 12/02/2019
Nick Price
Joined 03/22/2010

Nick Price is Fidelity’s primary Global Emerging Market (GEM) and Emerging EMEA equity portfolio manager. He joined Fidelity in January 1998 as a research analyst before being selected as the assistant portfolio manager for Fidelity’s flagship European Growth Fund in 2004. He launched the team’s first EMEA portfolio in late 2005 and was later appointed to manage Fidelity’s GEM strategies in mid 2009. Before joining Fidelity, Nick worked for a variety of investment banks in London and prior to that, worked as a Senior Auditor for PriceWaterhouse in Johannesburg. Nick holds a Bachelor of Commerce and Diploma in Accounting from the University of Natal, is a Member of the South African Institute of Chartered Accountants and is a CFA Charterholder.

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