Fidelity Institutional Emerging Markets Fund Acc

Name
Fidelity Institutional Emerging Markets Fund Acc
Manager
FIL Investment Services (UK) Ltd
Type
Open Ended Investment Company
ISIN
GB0003368577
Sector
Global Emerging Markets
Launched
31/05/1996
OCF
1.11 %
Risk Rating
4
3 Year Sharpe
0.71
3 Year Alpha
1.09
Yield
1.3 %
Benchmark
MSCI EM NR USD
The Fund’s investment objective is to achieve long term capital appreciation. The Fund will invest primarily in securities of countries experiencing rapid economic growth including, without limitation, Africa, the Indian sub-continent, Latin America, South East Asia, Europe and the Middle East. There is no policy to restrict investment to particular economic sectors.
Holding %
Naspers Ltd Class N 8.25 %
AIA Group Ltd 6.46 %
HDFC Bank Ltd 4.82 %
Alibaba Group Holding Ltd ADR 4.68 %
Taiwan Semiconductor Manufacturing Co Ltd 4.64 %
China Mengniu Dairy Co Ltd 4.23 %
Sberbank of Russia PJSC 3.59 %
PT Bank Central Asia Tbk 3.57 %
Housing Development Finance Corp Ltd 3.37 %
Fidelity ILF - USD A Acc 2.72 %
Region %
Asia - Emerging 35.88 %
Asia - Developed 26.02 %
Latin America 10.30 %
Africa 9.86 %
Europe - Emerging 9.46 %
Sector %
Financial Services 36.89 %
Technology 25.33 %
Consumer Cyclical 13.83 %
Consumer Defensive 9.66 %
Industrials 6.16 %
Name
FIL Investment Services (UK) Ltd
Address
TN11 9DZ, Hildenborough, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

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.

Data provided by Morningstar.

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