
Fidelity Emerging Markets Discovery Fd (FEDDX)
FEDDX Price Chart
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FEDDX Fund Profile
Key details and information about Fidelity Emerging Markets Discovery Fd (FEDDX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
2 Nov 2011
Country
US
Description
This fund primarily allocates at least 80% of its assets to financial instruments issued by companies or entities operating in developing economies. These "emerging markets" are identified through several criteria: countries classified by MSCI as having developing stock markets, nations designated as low- or middle-income economies by the World Bank, or other regions displaying similar growth characteristics. Additionally, the fund may invest in other assets that are economically linked to these nascent markets. Its principal investment strategy typically concentrates on ordinary shares.
FEDDX Fund Performance
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