Emerging Europe, Middle East and Africa Fund A-ACC-USD | EEMAA/G | Equity Fund
Important risk warnings / information
  • This fund invests primarily in equity securities in less developed countries in Central, Eastern and Southern Europe (including Russia), Middle East and Africa.
  • The fund is subject to equities risk, risk to capital and income, foreign currency risk, risks of investing in emerging markets, concentration risk and risks specific to the Russia market.
  • The fund’s net derivative exposure may be up to 50% of its NAV, the use of derivatives may involve liquidity risk, counterparty credit risk, volatility risk, valuations risks and over-the-counter transaction risk, at times. Exposure to financial derivative instruments and its leverage element may lead to a high risk of significant loss by the fund.
  • Investors may suffer substantial loss of their investments in the fund. Investor should not invest in the fund solely based on the information provided in this document and should read the offering documents, including Product Key Facts (including the risk factors) for details.

Fidelity Funds - Emerging Europe, Middle East and Africa Fund A-ACC-USD

Risk rating+

1
2
3
4
5

Morningstar rating

-

NAV (USD)

US$12.1400
0.00% (US$0.0000)
20/05/2024

Overview

Period:
YTD
3m
6m
1yr
3yrs
5yrs
10yrs
 – 
Created with Highstock 6.1.42019-072020-012020-072021-012021-072022-012022-072023-012023-072024-012008201020122014201620182020202220…2024-50%0%50%100%ZoomYTD3m6m1yr3yrs5yrs10yrsFromApr 30, 2019ToApr 30, 2024Fund performanceIndexAs of 30/04/2024

Annual performance

(30/04/2024)

Cumulative performance

(30/04/2024)

Summary of investment objective

The fund aims to achieve capital growth over the long term. The fund invests at least 70% of its assets, in equities of companies that are headquartered or do most of their business in less developed countries of Central, Eastern and Southern Europe (including Russia), Middle East and Africa including those that are considered as emerging markets according to the MSCI EM Europe, Middle East and Africa Index. The fund may also invest in money market instruments on an ancillary basis.

Fund facts

Fund category Equity Fund
Index (30/04/2024) MSCI Emerging EMEA Capped 5% Index (Net)
Fund manager Zoltan Palfi
Nick Price
Chris Tennant
Class launch date 11/06/2007
Fund manager (start date) 15/04/2021
11/06/2007
15/04/2021
Fund size (30/04/2024) US$217.22 (million)
Bloomberg ticker FIEMEAC LX
PhoneXpress fund code 1157

Data Source: NAV is sourced from Morningstar Asia Limited; the performance information is sourced from Fidelity.

Note: The fund prices quoted are for indication only. The daily change in the fund prices is the difference between the NAV as of the NAV date quoted and of the previous valuation date.

Please refer to the Fidelity Prospectus for Hong Kong Investors for further details (including risk factors).

Where no past performance is shown there was insufficient data available in that period to calculate performance.

Performance has been calculated in the “Denominated currency” set out in the “Fund facts” section in the “Fund data” tab, including ongoing charges and excluding subscription fee and redemption fee you may have to pay.

Past performance information is not indicative of future performance. Investors may not get back the full amount invested. Calculation of performance is based on the NAV-to-NAV for the stated period, with dividend reinvested, in denominated currency.

+

Fund risk ratings shown are the latest risk rating provided by Morningstar. Risk ratings are 1 = Low risk, 2 = Low to Medium risk, 3 = Medium risk, 4 = Medium to High risk, 5 = High risk. Fund risk ratings are generally reviewed on a semi-annual basis.

For more details on Fund risk ratings and its calculation methodology, please refer to the overview.

The fund risk rating is sourced from a methodology developed by Morningstar Investment Management Asia Limited and its affiliates. The fund risk rating is provided to direct investor(s) for reference purposes only.

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Source: Fidelity.

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** This fund is closed to new subscriptions on the Fidelity Personal Investing platform.