Fidelity Series Emerging Markets ( FEMSX ) a Zacks Rank #1 (Strong Buy) was incepted in September 2001 and is managed by U.S. Bancorp Asset Management. FEMSX seeks long-term growth of capital. FEMSX invests primarily in equity securities from the world's emerging markets. FEMSX's primary emphasis is placed on country selection, followed by the selection of sectors and the selection of individual stocks within those sectors. Dividends, if any, are declared and paid annually. Capital gains, if any, are distributed annually.
Fidelity Series Emerging Markets, managed by Fidelity , carries an expense ratio of 1.03%. Moreover, FEMSX requires a minimal initial investment of $0.
FEMSX has a history of positive total returns for over 5 years. Specifically, the fund's returns over the 1, 5 year benchmarks; 1 year 7.87% and 5 year 2.35%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
FEMSX's performance, as of the last filing, when compared to funds in its category was in the top 10% in 1 year, top 49% over the past 3 years, and in the 73% over the past 5 years.
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