• This fund invests primarily in global emerging-markets debt securities.
  • The fund is subject to investment, equities, foreign currency and credit rating risk, the risks of investing in emerging markets (risks specific to the Russia market), securitised or structured debt instruments and mortgages-related securities. This fund will invest in bonds or debt securities which may be subject to credit, liquidity, counterparty and market risks. The fund will invest in non-investment grade bonds and unrated securities which may be subject to greater credit and liquidity risks, and may be more volatile than higher rated securities. The fund may invest in onshore China fixed income securities directly through the Qualified Foreign Institutional Investor (“QFII”) scheme and may incur losses due to limited investment opportunities, illiquidity of the onshore China fixed income securities, and/or delay or disruption in execution of trades or in settlement of trades. The fund may invest in credit linked notes which may subject to the default risk of the structurer of the note.
  • This fund can invest in derivative instruments which may involve additional risks (For example, leverage may cause greater volatility).
  • Dividend of certain share classes, at the Board’s discretion, may be 1) paid out of gross income, i.e. the fund may pay dividend effectively out of capital; or 2) paid directly out of capital where the net income generated by the fund is insufficient to pay a distribution as declared. This will represent a return or withdrawal of part of the amount they originally invested or from any capital gains attributable to the original investment. This may result in an immediate decrease in the fund’s NAV per share.
  • Investors may suffer substantial loss of their investments in the fund. Investor should not invest in the fund solely based on the information provided in this document and should read the prospectus (including potential risks involved) for details.

Fidelity Funds - Emerging Market Debt Fund A-MDIST-AUD (hedged)

0.00%
0
  • Price date: 14/12/2018
  • Morningstar rating: -
  • Risk rating+: 4

Performance & NAV

Annual performance Total return (%)

<span>Annual performance</span> Total return (%)
2017201620152014201320122011201020092008
8.9110.681.319.951.73#-----

Cumulative return Fund (%)

<span>Cumulative return</span> Fund (%)
YTD6 mths1 yr3 yrs5 yrs
-6.70-3.55-6.1610.4225.99

As of 30/11/2018, based on latest unit NAV of most recent calendar month.

Fund details

Investment objective

The fund aims to achieve income and capital appreciation through primarily investing in global emerging-markets debt securities. The fund may also invest in other types of securities, including local market debt instruments, fixed income, equity securities and corporate bonds of emerging market issuers, and lower quality debt securities. Investments will be made within, although not limited to, Latin America, South East Asia, Africa, Eastern Europe (including Russia) and the Middle East. The fund may invest its net assets directly in onshore China fixed income securities listed or traded on any Eligible Market in China.

About this fund
Fund details as of30 Nov 2018
Denominated currencyAUD
Fund launch date23 Jan 2006
Class launch date18 Sep 2013
Class launch price10.00 AUD
Fund size2,344.69 million
IndexJPM EMBI Global Diversified TR USD
Morningstar BenchMark-
Morningstar CategoryOther Bond
Unique Identifiers
ISIN
LU0963542070
Bloomberg ticker
FFEMDAA LX
PhoneXpress code
1540
Fund manager
Fund manager
(Start date)
Steve Ellis
(05 Nov 2012)
Fund Fees
Sale ChargesUp to 3.50%
Annual management feeUp to 1.20%

There are other fees and charges for the fund and please refer to the prospectus for details.

Volatility Measures
R-Squared
0.02
Beta
0.08
Alpha
3.10
3 years standard deviation

As of 30/11/2018

5.36%
Risk rating

As of 31/08/2018

4
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Data Source: Morningstar Asia Limited. The Morningstar sourced information is provided to investor(s) for reference purposes only. All fund prices quoted are calculated as at the latest valuation date. The performance information (%) in the chart and table may have slight variances due to factors such as rounding, or charting methodology used.

Past performance information is not indicative of future performance. Investors may not get back the full amount invested. Calculation of performance is based on the NAV-to-NAV for the stated period, with dividend reinvested, in denominated currency. These figures show by how much the share class increased or decreased in value during the stated period. Where no past performance is shown there was insufficient data available in that period to calculate performance.

Performance has been calculated in the “Denominated currency” set out in the “About this fund” section in the “Fund details” tab, including ongoing charges and excluding subscription fee and redemption fee you may have to pay.

Payments of dividends out of capital will only be made to seek to maintain a stable payment per share but the payment per share is not fixed. Dividend yield of the fund does not represent the return of the fund, and past dividend yield does not represent future dividend yield. The dividends are not guaranteed.

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Fund risk ratings shown are calculated based on information as of #{hkweb.fundDetailService.getMaxRetailFundsRiskLevelAsOfDate}. Risk ratings are 1 = Low risk, 2 = Low to Medium risk, 3 = Medium risk, 4 = Medium to High risk, 5 = High risk. Fund risk ratings are generally reviewed on a semi-annual basis.

For more details on Fund risk ratings and its calculation methodology, please refer to the overview.

The fund risk rating is sourced from a methodology developed by Morningstar Investment Management Asia Limited and its affiliates. The fund risk rating is provided to investor(s) for reference purposes only.

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Since launch date to the end of launch year.

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Source: Fidelity.

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The name of the fund is not indicative of the fund’s performance and return.