Fidelity Funds - Emerging Markets Focus Fund Y-ACC-USD


Buy/Sell Price  (as of 05/12/2016) $9.546   Day Change :  0.20%     Fund Code:  YEMFA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Alex Duffy joined Fidelity in 2004 as a European Business Services Analyst. In 2005, Alex joined the EMEA team as a research analyst covering raw materials and natural resources, both of which are key sectors in Latin America. In 2007, he took over management of an EMEA pilot fund while retaining research responsibility for natural resources. He was appointed co-manager of the Latin America pilot fund, alongside Angel Ortiz, in 2008. In April 2009 he was appointed co-manager of the Fidelity Funds Latin America Fund. Since 2013, Alex has been managing a global emerging market strategy. Since April 2015 Alex Duffy no longer has responsibility for the Fidelity Funds Latina America Fund and is solely focused on his emerging market strategies. for Alex holds an MA in Economic Analysis from the University of Nottingham.
Investment HouseFidelity
Fund ProviderFidelity (FIL Inv Mgmt (Lux) S.A.)
ManagerAlex Duffy   Biography

Fund Objective The fund aims to achieve capital growth by investing primarily in the equity securities of, and related instruments providing exposure to, companies that have their head office in, are listed in, or exercise a predominant part of their activity in developing markets including, although not limited to, countries in Latin America, South East Asia, Africa, Eastern Europe (including Russia) and the Middle East. The fund may invest its net assets directly in China A and B Shares. The fund invests in a limited number of securities, resulting in a reasonably concentrated portfolio.

Key Statistics

Fund Status
Fund TypeOFFSHORE
ISINLU1102506141
12-Month NAV High $10.31
12-Month NAV Low $7.80
Fund Comparative Index -
Morningstar CategoryTMGlobal Emerging Markets Equity
Dividend FrequencyYearly
Historic Yield -

Annual Charges

Morningstar ratings

OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  05/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
---6.351.85
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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