About FERGX
The Fidelity SAI Emerging Markets Index Fund is an open-end mutual fund designed to track the performance of large- and mid-capitalization companies in emerging market economies. Managed by Fidelity Management & Research Company in collaboration with Geode Capital Management, the fund seeks to replicate the performance of the MSCI Emerging Markets Index by employing a representative sampling approach, considering factors such as capitalization, industry exposure, and geographic weightings. The portfolio spans a wide array of sectors, with significant holdings in technology, financial services, and consumer cyclical industries.
Notably, the fund offers diversified exposure to key companies like Taiwan Semiconductor Manufacturing, Tencent Holdings, and Samsung Electronics. With over 1,200 holdings, the fund maintains a relatively low turnover and is characterized by a low expense ratio, making it cost-effective compared to peers. It distributes income annually, primarily in the form of dividends, reflecting the yield potential of emerging markets equities. As a passively managed index fund, its primary role is to provide broad, efficient access to emerging market equities, serving institutional and individual investors seeking global diversification within their portfolios.
Fund Family Fidelity
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FERGX
Index Index is not available on Lipper Database
FERGX had a total return of 9.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.73%.
