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  5. Fidelity Global Emerging Markets ETF - Managed fund profile

Fidelity Global Emerging Markets ETF - Managed Fund

Fund Objective
To achieve returns in excess of the benchmark (MSCI Emerging Markets Index NR) over the medium to long term.
Fund Strategy
The Fund invests primarily in a diversified selection of securities exposed to emerging markets listed on stock exchanges around the world. Emerging markets include developing countries around the world that are characterised by a stronger growth potential than mature economies. The investable universe is commonly defined by, but not limited to, the MSCI Emerging Markets Index. The Fund may also invest in securities listed on stock exchanges in frontier markets.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.68% 5.07% 5.95% 3.84% 2.05% -1.03% 6.51% -%
Growth return 2.68% 5.07% 5.95% 3.13% 0.87% -1.94% 5.74% -%
Income return 0% 0% 0% 0.71% 1.18% 0.91% 0.77% -%
Market index (MSCI EM NR AUD)
Total return 2.28% 7.07% 9.23% 11.03% 5.44% -0.02% -% 6.63%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity Global Emerging Markets ETF
International Equities
98.93%
Cash
1.07%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.85%
Cash
2.41%
Australian Equities
0.06%
Property
0.63%
Alternatives
1.05%

General Information

Fund Details
Type Description
Fidelity Global Emerging Markets ETF
Equity Emerging Markets
starstarstarstar (as at 31 Mar 2024)
Investment Fund
28 Oct 2018
$216.24 million (as at 18 Apr 2024)
$6.12 (as at 30 Aug 2023)
$6 (as at 30 Aug 2023)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.99% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $500.00

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd Equity 9.15%
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FAQs about the Fidelity Global Emerging Markets ETF

The objective of the Fidelity Global Emerging Markets ETF managed fund is To achieve returns in excess of the benchmark (MSCI Emerging Markets Index NR) over the medium to long term.

The strategy of the Fidelity Global Emerging Markets ETF managed fund is The Fund invests primarily in a diversified selection of securities exposed to emerging markets listed on stock exchanges around the world. Emerging markets include developing countries around the world that are characterised by a stronger growth potential than mature economies. The investable universe is commonly defined by, but not limited to, the MSCI Emerging Markets Index. The Fund may also invest in securities listed on stock exchanges in frontier markets.

The APIR code of the Fidelity Global Emerging Markets ETF managed fund is .

Fidelity Global Emerging Markets ETF’s total return last month was 2.68%. This was made up of a growth return of 2.68% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Fidelity Global Emerging Markets ETF’s total return for the last three months was 5.07%. This was made up of a growth return of 5.07% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Fidelity Global Emerging Markets ETF’s one-year total return is 3.84%. This was made up of a growth return of 3.13% and an income return of 0.71%. These returns were calculated as at 31 Mar 2024.

Fidelity Global Emerging Markets ETF’s one-year total return is -1.03%. This was made up of a growth return of -1.94% and an income return of 0.91%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Fidelity Global Emerging Markets ETF managed fund is :

International Equities
98.93%
Cash
1.07%
Australian Equities
0%
Property
0%
Alternatives
0%

The Fidelity Global Emerging Markets ETF managed fund belongs to the Equity Emerging Markets sector/asset class.

As at 18 Apr 2024, the size of the Fidelity Global Emerging Markets ETF managed fund was $216.24 million.

The Fidelity Global Emerging Markets ETF managed fund has an inception date of 28 Oct 2018.

The current entry price of the Fidelity Global Emerging Markets ETF managed fund is $6.12 per unit and the current exit price is $6 per unit (as at 30 Aug 2023).

The current exit price of the Fidelity Global Emerging Markets ETF managed fund is $6 per unit and the current entry price is $6.12 per unit (as at 30 Aug 2023).

The minimum initial investment amount for the Fidelity Global Emerging Markets ETF managed fund is $500.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.