- What does FERGX invest in?
- The fund primarily allocates at least 80% of its assets to securities comprising the MSCI Emerging Markets Index, along with depositary receipts representing those same investments. To replicate the index's performance, the advisor employs statistical sampling, considering factors like market capitalization, industry allocation, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, earnings growth, and country weightings. Additionally, the fund generates supplementary income by lending out its holdings.
- What is the expense ratio of FERGX?
- Fidelity SAI Emerging Markets Index (FERGX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FERGX?
- Fidelity SAI Emerging Markets Index (FERGX) manages $4.06B 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 FERGX actively managed or an index fund?
- FERGX 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 (FERGX's is 0.08%) because there's no security selection cost.
- When was FERGX launched?
- Fidelity SAI Emerging Markets Index (FERGX) launched in January 2016 and is managed by Fidelity.
- How has FERGX performed?
- FERGX'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.
