Morningstar

Fidelity Advisor Emerg Mkts Discv A FEDAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 17.43  /  +0.11 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    1.300%
  • Expense Ratio 1.300%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Diversified Emerging Mkts
  • Investment Style Mid Blend
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 1.73%
  • Turnover 30%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:50 PM GMT+0

Morningstar’s Analysis FEDAX

Will FEDAX 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 FEDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FEDAX 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 FEDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Fidelity Advisor Emerg Mkts Discv A's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FEDAX

More FEDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Shriram Finance Ltd

1.72 21.2 Mil
Financial Services

Bizlink Holding Inc

1.59 19.5 Mil
Industrials

Yageo Corp

1.55 19.1 Mil
Technology

Fidelity Cash Central Fund

1.50 18.4 Mil
Cash and Equivalents

Torrent Pharmaceuticals Ltd

1.41 17.3 Mil
Healthcare

Realtek Semiconductor Corp

1.38 17.0 Mil
Technology

Coway

1.35 16.5 Mil
Consumer Cyclical

Aldar Properties PJSC

1.33 16.4 Mil
Real Estate

Nien Made Enterprise Co Ltd

1.30 16.0 Mil
Consumer Cyclical

DB Insurance Co Ltd

1.30 16.0 Mil
Financial Services

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