FTEJX: Fidelity® Total Emerging Markets Fund - MutualFunds.com

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Fidelity Advisor® Total Emerg Mkts I

FTEJX - Snapshot

Vitals

  • YTD Return 4.1%
  • 3 Yr Annualized Return 3.0%
  • 5 Yr Annualized Return 8.9%
  • Net Assets $559 M
  • Holdings in Top 10 27.2%

52 WEEK LOW AND HIGH

$13.94
$9.27
$13.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 75.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare FTEJX to Popular Emerging Markets Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$28.32

-1.15%

$85.83 B

1.82%

$0.52

0.64%

0.29%

$45.36

+0.47%

$85.83 B

3.19%

$1.44

0.67%

0.10%

$55.42

+0.53%

$53.47 B

2.54%

$1.40

1.79%

0.14%

$76.75

-0.01%

$45.42 B

0.96%

$0.74

8.79%

1.02%

$47.68

+0.17%

$40.30 B

0.23%

$0.11

2.91%

1.24%

FTEJX - Profile

Distributions

  • YTD Total Return 4.1%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.30%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® Total Emerging Markets Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Nov 01, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jim Hayes

Fund Description

The fund normally invests at least 80% of the fund's assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. It invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities, when its outlook is neutral. The fund allocates the fund's assets across emerging markets sectors, using different Fidelity managers.


FTEJX - Performance

Return Ranking - Trailing

Period FTEJX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -33.2% 419.3% 47.09%
1 Yr 10.2% -25.3% 71.4% 50.19%
3 Yr 3.0%* -12.7% 23.1% 36.23%
5 Yr 8.9%* -3.1% 23.6% 40.70%
10 Yr N/A* -2.2% 9.3% N/A

* Annualized

Return Ranking - Calendar

Period FTEJX Return Category Return Low Category Return High Rank in Category (%)
2019 18.3% -4.8% 42.0% 45.63%
2018 -16.2% -58.5% -5.8% 25.14%
2017 26.1% -33.4% 66.6% 77.67%
2016 10.7% -10.1% 241.3% 22.26%
2015 -9.6% -33.9% 4.9% 18.11%

Total Return Ranking - Trailing

Period FTEJX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -32.3% 415.1% 44.98%
1 Yr 10.2% -25.3% 71.4% 46.69%
3 Yr 3.0%* -12.7% 23.1% 34.69%
5 Yr 8.9%* -3.1% 23.6% 39.21%
10 Yr N/A* -2.2% 9.3% N/A

* Annualized

Total Return Ranking - Calendar

Period FTEJX Return Category Return Low Category Return High Rank in Category (%)
2019 18.3% -4.8% 42.0% 45.63%
2018 -16.2% -41.9% -4.9% 33.81%
2017 29.6% 1.8% 66.6% 74.42%
2016 12.3% -10.0% 249.6% 19.18%
2015 -6.9% -33.9% 4.9% 9.84%

NAV & Total Return History


FTEJX - Holdings

Concentration Analysis

FTEJX Category Low Category High FTEJX % Rank
Net Assets 559 M 689 K 85.8 B 40.83%
Number of Holdings 460 1 5626 13.12%
Net Assets in Top 10 155 M -81.1 M 22.9 B 44.52%
Weighting of Top 10 27.18% 2.8% 100.0% 78.21%

Top 10 Holdings

  1. Alibaba Group Holding Ltd ADR 6.39%
  2. Alibaba Group Holding Ltd ADR 6.39%
  3. Alibaba Group Holding Ltd ADR 6.39%
  4. Alibaba Group Holding Ltd ADR 6.39%
  5. Alibaba Group Holding Ltd ADR 6.39%
  6. Alibaba Group Holding Ltd ADR 6.39%
  7. Alibaba Group Holding Ltd ADR 6.39%
  8. Alibaba Group Holding Ltd ADR 6.39%
  9. Alibaba Group Holding Ltd ADR 6.39%
  10. Alibaba Group Holding Ltd ADR 6.39%

Asset Allocation

Weighting Return Low Return High FTEJX % Rank
Stocks
73.19% 40.97% 101.74% 98.08%
Bonds
23.59% -9.89% 58.22% 2.16%
Cash
2.52% -114.84% 16.80% 33.21%
Other
0.68% -5.37% 121.77% 9.39%
Preferred Stocks
0.01% 0.00% 5.26% 15.88%
Convertible Bonds
0.00% 0.00% 17.41% 88.21%

Stock Sector Breakdown

Weighting Return Low Return High FTEJX % Rank
Consumer Cyclical
18.80% 0.00% 43.68% 31.36%
Technology
17.89% 0.00% 48.02% 65.62%
Financial Services
17.82% 0.00% 49.26% 40.19%
Communication Services
14.63% 0.00% 53.25% 42.98%
Basic Materials
7.15% 0.00% 21.72% 32.32%
Consumer Defense
7.06% 0.00% 32.96% 55.81%
Energy
5.25% 0.00% 21.35% 28.93%
Healthcare
3.88% 0.00% 96.69% 55.45%
Industrials
2.92% 0.00% 43.22% 78.81%
Real Estate
2.53% 0.00% 20.50% 41.77%
Utilities
2.07% 0.00% 38.67% 27.48%

Stock Geographic Breakdown

Weighting Return Low Return High FTEJX % Rank
Non US
72.11% 0.00% 101.74% 94.95%
US
1.08% -1.63% 97.67% 37.67%

Bond Sector Breakdown

Weighting Return Low Return High FTEJX % Rank
Government
69.07% 0.00% 97.03% 1.33%
Corporate
21.12% 0.00% 100.00% 9.55%
Cash & Equivalents
9.79% 0.00% 100.00% 96.25%
Derivative
0.02% 0.00% 100.00% 16.44%
Securitized
0.00% 0.00% 17.80% 88.15%
Municipal
0.00% 0.00% 24.26% 88.15%

Bond Geographic Breakdown

Weighting Return Low Return High FTEJX % Rank
Non US
23.38% -0.07% 58.22% 2.53%
US
0.21% -35.54% 31.06% 4.93%

FTEJX - Expenses

Operational Fees

FTEJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.04% 40.36% 72.60%
Management Fee 0.79% 0.00% 2.00% 32.42%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.25% N/A

Sales Fees

FTEJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.40% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FTEJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% 42.86%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FTEJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 75.00% 0.00% 420.00% 71.86%

FTEJX - Distributions

Dividend Yield Analysis

FTEJX Category Low Category High FTEJX % Rank
Dividend Yield 0.00% 0.00% 10.67% 89.54%

Dividend Distribution Analysis

FTEJX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

FTEJX Category Low Category High FTEJX % Rank
Net Income Ratio 3.30% -1.40% 6.51% 9.49%

Capital Gain Distribution Analysis

FTEJX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

FTEJX - Fund Manager Analysis

Managers

Jim Hayes


Start Date

Tenure

Tenure Rank

Nov 01, 2011

8.92

8.9%

Jim Hayes is a portfolio manager for Fidelity Investments. Since joining Fidelity Investments in 2007, Mr. Hayes has worked as a research analyst and portfolio manager. Prior to joining Fidelity Investments in 2007 as a research analyst, Mr. Hayes served as an analyst for Hunter Global Investors beginning in 2003.

Sam Polyak


Start Date

Tenure

Tenure Rank

Nov 01, 2011

8.92

8.9%

Sam Polyak is a portfolio manager of Fidelity Funds. Prior to joining Fidelity Investments in 2010 as a portfolio manager, Mr. Polyak served as a portfolio manager for Ninth Wave Capital Management beginning in 2007 and as a director for OppenheimerFunds, Inc. in New York beginning in 2005.

Greg Lee


Start Date

Tenure

Tenure Rank

May 18, 2012

8.38

8.4%

Greg Lee is a portfolio manager of Fidelity Investments. Prior to joining Fidelity Investments in 2007 as a research analyst, Mr. Lee interned at American Century Investments while pursuing his MBA at New York University.

Xiaoting Zhao


Start Date

Tenure

Tenure Rank

Oct 16, 2015

4.96

5.0%

Since joining Fidelity Investments in 2009, Mr. Zhao has worked as a research analyst and a portfolio manager.

Timothy Gill


Start Date

Tenure

Tenure Rank

Jan 01, 2017

3.75

3.8%

Timothy Gill is a portfolio manager in the High Income and Alternatives division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Gill co-manages Fidelity and Fidelity Advisor Global High Income Funds, Fidelity and Fidelity Advisor Total Emerging Markets Funds, Fidelity and Fidelity Advisor New Markets Income Funds, Fidelity and Fidelity Advisor Strategic Income Funds, Fidelity VIP Strategic Income Portfolio, Fidelity Series Emerging Markets Debt Fund, Fidelity Emerging Markets Debt Central Fund, and various institutional portfolios for U.S. and non-U.S. investors. Prior to assuming his current portfolio management responsibilities, Mr. Gill was an assistant portfolio manager and research analyst on the emerging markets debt team, where he covered a variety of sovereign credits. Additionally, he was also a trader within the High Income division covering emerging market sovereign debt. He has been in the financial industry since joining Fidelity in 2000 in the foreign trade operations group. Mr. Gill earned his bachelor of science degree in business administration from the University of Vermont. He is also a CFA charterholder and a member of CFA Society Boston.

Jane Wu


Start Date

Tenure

Tenure Rank

Jul 09, 2018

2.23

2.2%

Since joining Fidelity Investments in 2012, Ms. Wu has worked as research analyst and portfolio manager.

Di Chen


Start Date

Tenure

Tenure Rank

Jun 30, 2020

0.25

0.3%

Nader Nazmi


Start Date

Tenure

Tenure Rank

Sep 18, 2020

0.03

0.0%

Nader Nazmi is a research analyst in the High Income and Alternatives division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Nazmi is responsible for sovereign debt research covering Brazil, Mexico, Argentina, and 18 other Latin American countries that the Emerging Markets Debt team invests in. Prior to joining Fidelity, Mr. Nazmi was managing director, sovereign analyst, and macro strategist on the Emerging Markets Debt team at Wellington Management. Additionally, he has had an extensive career in the financial industry, including positions at: BNP Paribas as director and economist for Latin America, Capital Markets group; Institute of International Finance as deputy director and senior economist, Latin America department; Bank One as director of economic research, Latin America, Banc One Capital Markets; and Central Bank of Ecuador as an international advisor in the research department. Mr. Nazmi has also held several positions in academia, including: senior fellow and visiting professor in the Center for Latin America Studies at Georgetown University; Hollender professor and chairperson of the economics department at Lake Forest College; visiting scholar at the Center for Research on Economic Development at the University of Michigan; and Fulbright Scholar at the University of Sao Paulo. He has been in the financial industry since 1998. Mr. Nazmi earned his bachelor of science degree in economics, summa cum laude, Phi Beta Kappa, from Iowa State University, and both his master's and doctorate degrees in economics from the University of Illinois. He also holds the Financial Industry Regulatory Authority (FINRA) Series 2, 7, 24, and 65 licenses. Additionally, his extensive research in economics and international finance have been published in academic journals, editorial contributions, and a book.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 33.61 5.87 0.83