Comgest Growth Emerging Markets GBP U Acc
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
£27.53
£0.18 (+0.66%)
Fund Code
CEMUA
B40MC74
IE00B40MC740
Prices updated as at 16 May 2024
Prices in GBP
Investment objective
The investment objective of the Fund is to achieve capital appreciation by creating a professionally managed portfolio consisting of what, in the opinion of the Investment Manager, are high quality long-term growth companies based or operating in Emerging Markets.
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.
- Key stats
- Growth
- Fidelity insight
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
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 owns companies that the managers believe offer high quality characteristics such as an established brand, or a unique product or technology, that enables them to sustain higher-than-average margins over the long term. Comgest is skilled at finding such companies and investing in them within this fund.
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.