Fidelity SAI Emerging Markets Low Volatility Index Fund (FGKPX)
| Fund Assets | 2.56B |
| Expense Ratio | 0.26% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 4.58% |
| Dividend Growth | 76.10% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 12.30 |
| YTD Return | 10.69% |
| 1-Year Return | 11.49% |
| 5-Year Return | 51.00% |
| 52-Week Low | 10.28 |
| 52-Week High | 12.37 |
| Beta (5Y) | 0.46 |
| Holdings | 129 |
| Inception Date | Jan 30, 2019 |
About FGKPX
Fidelity SAI Emerging Markets Low Volatility Index Fund is an open-end mutual fund focused on providing investment results that correspond to the total return of lower-volatility stocks within emerging markets. The fund primarily invests in a diversified selection of large- and mid-cap equities from global emerging economies, aiming to capture growth potential while seeking to reduce overall market fluctuations relative to the broader emerging market universe. It tracks the Fidelity Emerging Markets Low Volatility Focus Index, leveraging a representative sampling approach to mirror the index's performance through a portfolio typically containing over 120 holdings across multiple sectors, including financial services, energy, technology, and consumer defensive industries. This fund is managed by Fidelity Management & Research Company LLC in partnership with Geode Capital Management, LLC. With a low expense ratio and a mandate to maintain at least 80% of assets in the index securities, the fund offers a cost-efficient vehicle for diversification and risk mitigation in emerging market investing, serving institutions and investors looking to balance growth opportunities with reduced volatility exposure in their global equity allocations.
Performance
FGKPX had a total return of 11.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.57%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
14.86% of assets| Name | Symbol | Weight |
|---|---|---|
| China Construction Bank Corporation | CICHF | 1.55% |
| Chunghwa Telecom Co., Ltd. | 2412 | 1.52% |
| Agricultural Bank of China Limited | 1288 | 1.50% |
| Industrial and Commercial Bank of China Limited | IDCBF | 1.50% |
| KT&G Corporation | 033780 | 1.49% |
| Bank of China Limited | 3988 | 1.48% |
| PICC Property and Casualty Company Limited | 2328 | 1.47% |
| ASUSTeK Computer Inc. | 2357 | 1.46% |
| Tenaga Nasional Berhad | TENAGA | 1.46% |
| Mega Financial Holding Co., Ltd. | 2886 | 1.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.560 | Dec 16, 2024 |
| Dec 8, 2023 | $0.318 | Dec 11, 2023 |
| Dec 9, 2022 | $0.184 | Dec 12, 2022 |
| Dec 28, 2021 | $0.008 | Dec 29, 2021 |
| Dec 3, 2021 | $0.255 | Dec 6, 2021 |
| Dec 4, 2020 | $0.187 | Dec 7, 2020 |