Fidelity Sustainable Emerging Markets Equity Fund W Accumulation Shares

A Select 50 Fund - Fidelity insight

Category Global Emerging Markets Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

149.70p

arrow-down-1.10p (-0.73%)

Fund Code

WSES

BQBG6R7

GB00BQBG6R76

Prices updated as at 27 Dec 2024

Prices in GBX

Investment objective

The Fund aims to increase the value of investor's investment over a period of 5 years or more. The Fund is part of the Fidelity Sustainable Family of Funds and adheres to the Fidelity Sustainable Family framework under which at least 70% of the fund’s net assets will be invested in companies deemed to maintain sustainable characteristics. The Fund will also adhere to the Fidelity Sustainable Family exclusion policy. Investments with sustainable characteristics are those which the Investment Manager believes have effective governance and management of environmental and social issues. Fidelity’s Sustainable Investing Process which is built on three related elements: integrated environmental, social and governance (‘ESG’) analysis, engagement, and collaboration.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

Why we like the fund: This is a fairly concentrated fund investing in companies across emerging markets. Examples of emerging markets are China, India, Brazil and South Africa. The fund follows a 'quality' style, favouring companies that the manager believes have attractive characteristics, such as strong management teams and responsible management of environmental, social and governance (ESG) issues. The manager is an experienced emerging markets investor and is backed by one of the industry's largest emerging market equity teams. How to use the fund: Emerging market economies are growing at faster rates than more mature developed markets and this should enhance the opportunity. An emerging market equity fund should be a mainstay of most portfolios, but any allocation should reflect the slightly higher risk nature of the underlying investments and a long-term view (ten years or more) is needed. This approach to investing blends well with 'value' funds, which focus on companies with depressed share prices, expecting them to recover. An example of a value fund in this category is the Lazard Emerging Markets Fund.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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