- What does FZAEX invest in?
- This fund aims for long-term capital growth. It typically allocates a minimum of 80% of its assets to securities from companies operating in emerging markets, or to other investments that are economically linked to these regions. Emerging markets are categorized as those with an emerging stock market as defined by MSCI, countries with low-to-middle-income economies as classified by the World Bank, or markets exhibiting similar developing characteristics. The portfolio primarily consists of common stocks and strategically diversifies its holdings across various emerging market countries.
- What is the expense ratio of FZAEX?
- Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FZAEX?
- Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) manages $14.31B 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 FZAEX actively managed or an index fund?
- FZAEX 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 (FZAEX's is 0.80%) because there's no security selection cost.
- When was FZAEX launched?
- Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) launched in August 2013 and is managed by Fidelity.
- How has FZAEX performed?
- FZAEX'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.
