Fidelity Emerging Europe Middle East and Africa
Shares Class | Inc. |
---|---|
Yield | 0.00 |
Total Expense Ratio | 1.84 |
Fund Performance
Cumulative Performance
Discrete Performance
Shares Class | Inc. |
---|---|
Yield | 0.00 |
Total Expense Ratio | 1.84 |
Cumulative Performance
Discrete Performance
Fund Size | 88,811,309.00 | Launch Date | 14/01/2008 | Standard Initial Charge (%) | 3.50 |
---|---|---|---|---|---|
Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 1.50 |
Sector | IMA UK Equity Income | Min Investment (£) | 1,000.00 | Total Expense Ratio (%) | 1.84 |
ISIN | GB00B29TR993 | Min Topup (£) | 250.00 | Ongoing Charge (%) | 1.8400 (on 20/01/2021) |
The fund's investment objective is to achieve long term capital growth through a portfolio primarily in securities of companies having their head office or exercising a predominant part of their activity in less developed countries of Central, Eastern and Southern Europe (including Russia), Middle East and Africa that are considered as emerging markets according to the MSCI EM Europe, Middle East and Africa Index.The fund may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits. Derivatives and forward transactions may also be used for investment purposes.
Nick Price
Nick Price is the Team Leader of Fidelity’s Emerging Markets Equity investment team. He joined Fidelity in January 1998 as a research analyst covering a number of pan-European sectors before being selected as the assistant portfolio manager for Fidelity’s flagship European Growth Fund in September 2004. In 2005, Nick led the development of Fidelity’s Emerging EMEA group, launching the team’s first portfolio on 30th November 2005. After 4 years of successfully managing our Emerging EMEA discipline, and supported by a growing emerging markets team of analysts and portfolio managers, Nick was appointed to manage Fidelity’s Emerging Market Equity products in July 2009.Prior to joining Fidelity, Nick was working as an Accountant with SBC Warburg from 1996-1997, based in London; an FX Product Accountant with Daiwa Europe Bank between 1995-1996, based in London; a Project Accountant for JP Morgan from 1993-1995, based in London and Senior Auditor for Price Waterhouse from 1991-1993, based in Johannesburg. Nick holds a Bachelor of Commerce and Diploma in Accounting from the University of Natal and is a Member of the South African Institute of Chartered Accountants and is a CFA Charter holder.
Greg Konstantinidis
Greg is the portfolio manager for the Emerging Markets Consumer strategy and manages an EMEA pilot fund. He joined Fidelity International’s emerging markets team in 2006 as a research analyst. Initially he focused on Industrials, Healthcare and Refineries within the EMEA region, before assuming responsibility for the Consumer and Media Sectors across a broader range of emerging markets in 2009. Greg holds a BSc in Accounting & Finance from the University of Macedonia, Greece, and an MSc in Accounting and Finance from the London School of Economics.
Name | Weight |
---|---|
African Equity | 5.00% |
Canadian Equities | 2.00% |
Czech Republic Equities | 2.00% |
Emirian Equities | 2.00% |
Greek Equities | 3.00% |
International Equities | 4.00% |
Kazakhstani Equities | 3.00% |
Money Market | 1.00% |
Russian Equities | 33.00% |
Saudi Arabian Equities | 2.00% |
South African Equities | 39.00% |
Name | Weight |
---|---|
Canada | 2.00% |
Czech Republic | 2.00% |
Greece | 3.00% |
Kazakhstan | 3.00% |
Kenya | 2.00% |
Money Market | 1.00% |
Nigeria | 2.00% |
Others | 4.00% |
Russia | 33.00% |
Saudi Arabia | 2.00% |
South Africa | 39.00% |
United Arab Emirates | 2.00% |
Name | Weight |
---|---|
Communications | 5.00% |
Consumer Discretionary | 20.00% |
Consumer Staples | 3.00% |
Derivatives | 0.00% |
Energy | 10.00% |
Financials | 34.00% |
Industrials | 1.00% |
Materials | 23.00% |
Money Market | 1.00% |
Utilities | 0.00% |
Name | Weight |
---|---|
NASPERS | 7.00% |
ABSA GRP LTD | 6.00% |
SBERBANK OF RUSSIA | 6.00% |
LUKOIL PJSC | 5.00% |
SIBANYE-STILLWATER LTD | 5.00% |
IMPALA PLATINUM HLDGS | 4.00% |
TCS GROUP HLDG PLC | 4.00% |
KASPI KZ JSC | 3.00% |
TATNEFT PJSC | 2.00% |
TELKOM SA SOC LTD | 2.00% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.