- What does FPADX invest in?
- The fund normally invests at least 80% of the fund's assets in securities included in the MSCI Emerging Markets Index and in depositary receipts representing securities included in the index. The index is a market capitalization-weighted index designed to measure the performance of large and medium-capitalization companies domiciled in emerging markets countries across the world.
- What is the expense ratio of FPADX?
- Fidelity Emerging Markets Index Fund (FPADX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FPADX?
- Fidelity Emerging Markets Index Fund (FPADX) manages $16.44B 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 FPADX actively managed or an index fund?
- FPADX 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 (FPADX's is 0.08%) because there's no security selection cost.
- When was FPADX launched?
- Fidelity Emerging Markets Index Fund (FPADX) launched in September 2011 and is managed by Fidelity.
- How has FPADX performed?
- FPADX'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.
