Fidelity Global Emerging Markets Active ETF

The Fidelity Global Emerging Markets Active ETF (FEMX) invests in shares of companies located in emerging markets around the world. Unlike many ETFs that follow a specific index, FEMX is actively managed, meaning that expert fund managers at Fidelity select stocks they believe will perform well, rather than mirroring a pre-set list. This approach allows the managers to use their expertise and research to identify promising investment opportunities in growing economies, aiming to achieve better returns than a standard index might offer. With a management fee of 0.99%, investors are paying for this active selection process and the potential for higher returns in dynamic markets.