MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund aims to increase the value of your investment over a period of 5years or more. The Fund will invest at least 70% in equities (and their related securities) ofcompanies in developing countries, (those domiciled, incorporated or havingsignificant business in developing countries and those listed in developingcountries) including emerging markets (as determined by the InvestmentManager at its sole discretion) and companies in countries such as Africa, theIndian sub-continent, Latin America, South East Asia, Europe, the Middle East.The Fund is actively managed. The Investment Manager identifies suitableinvestment opportunities for the Fund, utilising in-house research and investmentcapability.The Investment Manager will, when selecting investments for the Fund and forthe purposes of monitoring risk, consider the MSCI Emerging Markets Index.However, the Investment Manager has a limited degree of freedom relative to the index but may take larger, or smaller, positions in companies, and/or mayinvest outside the index, to take advantage of investment opportunities. This means the Fund’s investments and therefore shorter-term performance mayvary from, but is unlikely to be significantly different to, the index.The Fund may also invest in other transferable securities, collective investmentschemes, money market instruments, cash and deposits and is also able to usederivatives for efficient portfolio management. The Fund’s performance can be compared to the MSCI Emerging Markets (NetTotal Return) Index as the index constituents are representative of the type ofcompanies the Fund invests in.

Fund Managers

Cesar Hernandez

César Hernández, Select Global Equity Portfolio Manager, Pyramis. César developed the Select Global discipline at Fidelity and has been responsible for managing Select Global portfolios on behalf of institutional investors since the discipline’s inception. Prior to joining Fidelity in 1989, César started his career in 1980 as a Systems Analyst at Citibank, later becoming a portfolio manager for International Investments at State Street Bank & Trust Company. César has an M.B.A. from Babson College and is a CFA charterholder.

John Chow

John Chow is a portfolio manager at Fidelity Investments. He has managed assets for institutional and individual investors since 1997. He joined the Select portfolio management team in 2011 and is the co-manager for Pyramis Select Emerging Market strategy. From 2006 to 2012, John managed the Pyramis Diversified Large Cap Core strategy and several other U.S. focused institutional equity portfolios. Beginning in 2003, he contributed to strategy formulation and management of U.S. equity portfolios for institutional clients, blending Fidelity fundamental research with quantitative inputs. John managed the equity portion of the Fidelity Asset Manager Income Fund from 2000 to 2001. From 1997 to 2000, he managed Canadian equity portfolios available exclusively to Canadian investors. He joined Fidelity's quantitative equity group in 1994, where he developed quantitative stock selection models for U.S. and international markets. John earned his bachelor of science degree in computer engineering from the Massachusetts Institute of Technology. He is a Chartered Financial Analyst charterholder and a member of the Boston Security Analysts Society.