FIDELITY EMERGING EUROPE, MIDDLE EAST AND AFRICA (EMEA) - Fund overview
No Bestinvest rating
Find rated specialist funds
Overview of
FIDELITY EMERGING EUROPE, MIDDLE EAST AND AFRICA (EMEA)
This fund targets long term capital growth by investing in equities in the emerging economies of Europe, the Middle East and Africa ("EMEA"). The fund will typically be heavily invested in the Russian and South African markets, since the region's other stock markets are on the whole relatively shallow. The manager looks for undervalued companies with strong franchises rather than "flavours of the month" and is prepared to hold them for the long term to realise value.
Standard Initial Charge
3.50% 0.50%
Invest via Bestinvest
to save 3.00%
Fund summary
| Sector |
Specialist
|
| Product type |
OEIC
|
| Launched |
January, 2008
|
| Size |
£92m
|
| Yield |
0.2%
|
| Charging basis |
Income
|
| Dividends paid |
Acc units only.
|
| Bid price |
119.00p |
Fund Charges
|
Standard Initial charge
|
3.50%
|
|
Initial charge via Bestinvest
|
0.50%
|
|
Additional bid/offer spread
|
0.00%
|
|
Annual management charge
|
1.50%
|
|
Total expense ratio
|
1.81%
|
|
Reduction in yield (10yr)
|
1.86%
|