fund

Rated

This is one of our rated funds. They’re the ones our experts believe will do well for investors over the longer term. Top of the class!

Fidelity Index Emerging Markets P

  • 143.83p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 185.69p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.20%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.20%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 1.70%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 27 September 2021

The funds objective is to achieve long term capital growth by closely matching the performance of the MSCI Emerging Markets Index. The MSCI Emerging Markets Index captures large and mid cap representation across 23 Emerging Markets countries. The index covers approximately 85% of the free float-adjusted market capitalisation in each country. The fund currently offers no exposure to India. The fund does not engage in any securities lending.

Fund summary

Sector Global Emerging Markets
Structure OEIC
Launched
Size £602m
Yield 1.70%
Charging basis
Dividends paid 18 Jan, 18 Apr, 18 Jul, 18 Oct

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 0.20%
Ongoing charges figure 0.20%

Allocation

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Investment process

The fund's investment objective is to provide long term capital growth by matching the capital performance of MSCI Emerging Markets Index. The fund uses a physical replication method which means the underlying index securities are purchased directly to provide investors access to the market. Though primarily an equity fund, the managers will also use futures, a type of derivative which provides liquid exposure to the whole of the index. These are used to manage cash balances in the fund - by buying and selling futures the manager can regulate market exposure in response to inflows and outflows without the costs involved in trading all of the shares in the portfolio. The fund currently offers no exposure to India. This fund does not engage in securities lending.

This fund provides a simple, low cost way of investing in Emerging Markets equities, especially those comprising the MSCI Emerging Markets index. This index is made up of large, well known companies and offers geographical and sector diversification, although investors should be aware that emerging economies are subject to political risk and markets are typically more volatile compared to the developed regions.

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

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About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Sector breakdown

Information Technology 21.00%
Financials 19.00%
Consumer Discretionary 15.00%
Communications 11.00%
Materials 9.00%
Consumer Staples 6.00%
Energy 5.00%
Industrials 5.00%
Health Care 5.00%
Utilities 2.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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