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Morningstar

Fidelity Emerging Markets Discovery FEDDX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 16.40  /  −0.43 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 1.010%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Diversified Emerging Mkts
  • Investment Style Mid Blend
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.05%
  • Turnover 30%

USD | NAV as of May 31, 2024 | 1-Day Return as of May 31, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FEDDX

Will FEDDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FEDDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FEDDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FEDDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Fidelity Emerging Markets Discovery's recent fee cut and Process Pillar rating increase lead to an upgrade in this strategy's Morningstar Medalist Rating to Bronze from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FEDDX

More FEDDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

2.93 36.7 Mil
Cash and Equivalents

Impala Platinum Holdings Ltd

1.56 19.5 Mil
Basic Materials

Qualitas Controladora SAB de CV

1.52 19.0 Mil
Financial Services

Hindustan Aeronautics Ltd Ordinary Shares

1.49 18.6 Mil
Industrials

AmorePacific Corp

1.48 18.5 Mil
Consumer Defensive

Haier Smart Home Co Ltd Class A

1.41 17.6 Mil
Consumer Cyclical

Bharat Electronics Ltd

1.41 17.6 Mil
Industrials

Shriram Finance Ltd

1.40 17.5 Mil
Financial Services

International Games System Co Ltd

1.38 17.3 Mil
Communication Services

Flat Glass Group Co Ltd Shs -H- Reg S

1.35 16.9 Mil
Industrials