Fidelity FEMX ETF (ASX:FEMX)
The Fidelity FEMX Fund provides investors with exposure to the performance of emerging market companies. The Fidelity Global Emerging Markets Fund is a managed fund that has been operating since 2013. It listed on the ASX in October 2018, making it easier for investors to enter and exit the fund.
What does the FEMX invest in?
FEMX invests in a concentrated portfolio of 30 to 50 companies based in emerging markets such as China, India, South Africa and Brazil. These markets are often considered riskier than developed and Western markets, such as the USA, Australia, UK, Canada and Japan.
What do investors use FEMX for?
FEMX could be used by Australian investors to get exposure to a basket of public companies, including financials, industrials and technology companies, listed in emerging markets. The Fund actively seeks companies with a track record of robust corporate governance and selects companies it believes are well-positioned to generate returns through market cycles.
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