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Emerging Markets Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(04-11-2024)
$20.90
Change
$0.16 (0.76%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Fidelity Emerging Markets Fund Series B

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Fund Returns

Inception Return (December 08, 1994): 3.02%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 4.59% -4.76% -1.53% 5.07% 7.37% 4.46% -4.19% 7.65% 4.21% 2.86% 5.76% 6.91% 4.93% 5.76%
Benchmark 1.24% 4.58% 9.24% 4.58% 8.92% 3.21% -1.06% 7.65% 3.16% 2.21% 4.53% 6.45% 4.58% 5.74%
Category Average 2.10% 10.05% 10.05% 4.70% 8.36% 1.86% -3.88% 7.39% 2.46% 0.91% 3.36% 5.18% 3.24% 3.66%
Category Rank 12 / 333 181 / 330 104 / 327 181 / 330 197 / 313 87 / 301 171 / 277 126 / 267 79 / 250 51 / 204 30 / 193 43 / 158 35 / 145 34 / 133
Quartile Ranking 1 3 2 3 3 2 3 2 2 1 1 2 1 2

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -0.09% -3.48% 2.89% 5.39% -4.82% -3.06% -1.53% 6.74% 0.77% -4.76% 5.47% 4.59%
Benchmark -0.32% -2.01% 1.39% 5.60% -2.72% -1.99% -1.05% 4.87% 0.67% -2.21% 5.63% 1.24%

Best Monthly Return Since Inception

16.93% (November 2022)

Worst Monthly Return Since Inception

-31.37% (August 1998)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 3.21% 5.60% -1.78% 36.14% -12.07% 21.60% 26.77% -4.19% -15.59% 5.73%
Benchmark 8.76% 2.69% 7.90% 26.42% -6.05% 15.55% 11.45% 0.08% -12.38% 7.03%
Category Average 2.91% -3.92% 6.53% 28.88% -11.86% 15.06% 17.52% -3.30% -17.32% 8.68%
Quartile Ranking 4 1 4 1 3 1 1 3 2 3
Category Rank 113/ 131 25/ 144 152/ 155 4/ 187 149/ 203 16/ 247 49/ 262 181/ 270 131/ 290 229/ 311

Best Calendar Return (Last 10 years)

36.14% (2017)

Worst Calendar Return (Last 10 years)

-15.59% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 94.71
Canadian Equity 2.65
US Equity 1.90
Cash and Equivalents 0.71
Other 0.03

Sector Allocation

Sector Allocation
Name Percent
Technology 31.91
Financial Services 18.13
Industrial Goods 10.92
Basic Materials 10.23
Consumer Goods 9.20
Other 19.61

Geographic Allocation

Geographic Allocation
Name Percent
Asia 72.11
Latin America 13.78
North America 4.82
Africa and Middle East 4.67
Europe 4.58
Other 0.04

Top Holdings

Top Holdings
Name Percent
Taiwan Semiconductor Manufactrg Co Ltd -
Samsung Electronics Co Ltd -
Tencent Holdings Ltd -
HDFC Bank Ltd -
Barrick Gold Corp -
Haier Smart Home Co Ltd Cl A -
Alibaba Group Holding Ltd -
Pinduoduo Inc - ADR -
China Life Insurance Co Ltd Cl H -
National Bank of Greece SA Cl R -

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity Emerging Markets Fund Series B

Median

Other - Emerging Markets Equity

3 Yr Annualized

Standard Deviation 17.50% 16.98% 14.78%
Beta 1.27% 1.15% 1.04%
Alpha -0.02% 0.01% 0.00%
Rsquared 0.91% 0.90% 0.86%
Sharpe -0.31% 0.21% 0.36%
Sortino -0.49% 0.23% 0.38%
Treynor -0.04% 0.03% 0.05%
Tax Efficiency - 75.95% 89.67%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 14.72% 17.50% 16.98% 14.78%
Beta 1.29% 1.27% 1.15% 1.04%
Alpha -0.04% -0.02% 0.01% 0.00%
Rsquared 0.89% 0.91% 0.90% 0.86%
Sharpe 0.23% -0.31% 0.21% 0.36%
Sortino 0.58% -0.49% 0.23% 0.38%
Treynor 0.03% -0.04% 0.03% 0.05%
Tax Efficiency 95.29% - 75.95% 89.67%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date December 08, 1994
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $87

Fund Codes

FundServ Code Load Code Sales Status
FID275

Investment Objectives

The Fund aims to achieve high total investment return. It invests primarily in equity securities of companies in emerging market countries.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: When buying and selling equity securities, may consider factors about a company, including: > Financial condition. > Industry position. > Economic and market conditions. > Growth potential. > Earnings estimates. > Quality of management. May, by situation, consider ESG criteria when evaluating investment opportunities. The Fund may also: Invest in companies of any size. Invest in China A-Shares. Invest in VIEs.

Portfolio Manager(s)

Name Start Date
Sam Polyak 02-21-2020
Fidelity Management & Research Company LLC 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian CIBC Mellon Trust Company
Registrar Fidelity Investments Canada ULC
Distributor Fidelity Investments Canada ULC
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.23%
Management Fee 1.85%
Load Front Fee Only
FE Max 1.00%
DSC Max -
LL Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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