- What does FEDDX invest in?
- The fund invests at least 80% of its assets in securities of issuers in emerging markets (countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets with similar emerging characteristics) and other investments that are tied economically to emerging markets. It normally invests primarily in common stocks.
- What is the expense ratio of FEDDX?
- Fidelity Emerging Markets Discovery Fd (FEDDX) charges an expense ratio of 0.97%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FEDDX?
- Fidelity Emerging Markets Discovery Fd (FEDDX) manages $1.58B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FEDDX actively managed or an index fund?
- FEDDX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FEDDX's is 0.97%) because there's no security selection cost.
- When was FEDDX launched?
- Fidelity Emerging Markets Discovery Fd (FEDDX) launched in November 2011 and is managed by Fidelity.
- How has FEDDX performed?
- FEDDX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
