Fidelity Emerging Markets (FEMKX) a Zacks Rank #1 (Strong Buy) seeks capital appreciation. FEMKX normally invests a major portion of its assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets.
This Non US - Equity fund, as of the last filing, allocates their fund in three major groups; Emerging Market, Intermediate Bond and Foreign Stock. Further, as of the last filing, TAIWAN SEMICONDUCTOR MANUFACTURING, TENCENT HOLDINGS LTD and NASPERS LTD N SHS were the top holdings for FEMKX.
The Fidelity Emerging Markets fund, managed by Fidelity, carries an expense ratio of 1.03%. Moreover, FEMKX requires a minimal initial investment of $2,500.
To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
FEMKX’s performance, as of the last filing, when compared to funds in its category was in the top 40% in 1 year.
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Zacks Investment Research