About FIMKX
Fidelity Advisor Focused Emerging Markets Fund Class I is an international equity mutual fund that pursues capital appreciation by investing primarily in the securities of issuers based in emerging markets. Typically, at least 80% of its assets are allocated to companies located in countries classified as emerging markets by entities like MSCI and the World Bank, focusing mostly on common stocks. The fund targets key sectors within these economies, giving exposure to industries such as technology, financial services, consumer defensive, and communication services. Its portfolio is notably concentrated, with a significant portion invested in its top holdings, including major firms like Tencent Holdings, Taiwan Semiconductor Manufacturing, and Samsung Electronics. This selective, research-driven approach seeks to capitalize on the growth potential prevalent in developing economies, making the fund a noteworthy tool for institutional investors aiming for diversification beyond developed markets. As of early 2025, the fund is closed to most new investors and operates with a moderate expense ratio, positioning itself for clients who prioritize focused exposure to dynamic and rapidly evolving global markets.
Fund Family Fidelity
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol FIMKX
Share Class Class I
Index Index is not available on Lipper Database
FIMKX had a total return of 38.12% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.74%.
