| Morningstar Fund Report | 11/04/2025 |  |
Fidelity Funds - Emerging Market Debt Fund Y-Acc-EUR |
| Performance History | 31/03/2025 |
| Growth of 1,000 (GBP) | Advanced Graph |
 | Fund | -1.7 | -16.4 | 3.3 | 7.6 | -0.6 |
| +/-Cat | 1.1 | -10.7 | -0.9 | 1.0 | -0.1 |
| +/-B’mrk | 0.1 | -10.6 | -0.8 | 3.5 | -0.2 |
| Category: Global Emerging Markets Bond | ||||||
| Category Benchmark: Morningstar EM Sov Bd GR USD | ||||||
| Key Stats | ||
| NAV 10/04/2025 | EUR 13.06 | |
| Day Change | -0.39% | |
| Morningstar Category™ | Global Emerging Markets Bond | |
| ISIN | LU1116432458 | |
| Fund Size (Mil) 28/02/2025 | USD 638.99 | |
| Share Class Size (Mil) 09/04/2025 | EUR 10.58 | |
| Max Initial Charge | - | |
| Ongoing Charge 28/03/2025 | 0.93% | |
| Morningstar Research |
| Analyst Report | 13/06/2024 Arvind Subramanian, Senior Analyst Morningstar, Inc |
The market selloff in 2022 exposed some costly missteps in credit risk control in Fidelity Emerging Market Debt, prompting us to downgrade its Process rating to Average from Above Average. Meanwhile, a capable management team continues to support... | |
| Click here to read this analyst report on the underlying fund. | |
| Morningstar Pillars | |
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| People | 24 |
| Parent | 24 |
| Process | 23 |
| Performance | |
| Price | |
| Investment Objective: Fidelity Funds - Emerging Market Debt Fund Y-Acc-EUR |
| The fund aims to achieve capital growth over time and provide income. The fund invests at least 70% of its assets, in emerging market debt securities issued by governments, quasi governments, banks, financial institutions and corporate entities. The fund may also invest in other types of debt securities, equity securities, lower quality debt securities and on an ancillary basis in money market instruments. In actively managing the fund, the Investment Manager uses in-house research and investment capabilities to identify suitable opportunities across bond issuers, sectors, geographies, and security types. This may include an assessment of bond issuers’ creditworthiness, macroeconomic factors, and valuations. |
| Returns | |||||||||||||
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| Management | ||
Manager Name Start Date | ||
Eric Yung Wong 05/11/2012 | ||
Inception Date 08/10/2014 | ||
| Category Benchmark | |
| Fund Benchmark | Morningstar Benchmark |
| JPM EMBI Global Diversified TR USD | Morningstar EM Sov Bd GR USD |
| Portfolio Profile for Fidelity Funds - Emerging Market Debt Fund Y-Acc-EUR | 28/02/2025 |
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| Growth Of 1000 (GBP) | 31/03/2025 |
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| Annual Returns (GBP) | 31/03/2025 | |||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 31/03 | |
| Price Return | 0.87 | 10.77 | 4.04 | -1.75 | -16.36 | 3.34 | 7.64 | -0.64 |
| +/- Category | 1.19 | 3.07 | 1.38 | 1.13 | -10.71 | -0.87 | 0.97 | -0.06 |
| +/- Category Index | -1.36 | 0.77 | 0.98 | 0.07 | -10.59 | -0.78 | 3.51 | -0.19 |
| % Rank in Category | 34 | 18 | 27 | 38 | 97 | 62 | 47 | 39 |
| Trailing Returns (GBP) | 10/04/2025 | ||
| Total Returns | +/- Category | +/- Category Index | |
| 1 Day | -0.39 | 0.51 | 1.02 |
| 1 Week | -2.18 | -0.31 | -0.39 |
| 1 Month | -3.84 | -1.38 | -1.91 |
| 3 Months | -6.06 | -1.67 | -2.51 |
| 6 Months | -0.51 | -0.79 | 0.21 |
| YTD | -3.91 | -1.32 | -1.67 |
| 1 Year | 0.49 | -1.54 | -0.96 |
| 3 Years Annualised | -0.57 | -4.21 | -2.87 |
| 5 Years Annualised | 0.95 | -1.63 | -0.34 |
| 10 Years Annualised | 2.41 | -1.14 | -1.23 |
| Category: Global Emerging Markets Bond | |||
| Category Index: Morningstar EM Sov Bd GR USD | |||
| Quarterly Returns (GBP) | 31/03/2025 | |||
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| 2025 | -0.64 | - | - | - |
| 2024 | 3.06 | -0.53 | 0.07 | 4.92 |
| 2023 | -1.30 | -1.51 | 1.51 | 4.73 |
| 2022 | -8.74 | -10.26 | 2.12 | 0.00 |
| 2021 | -5.30 | 4.73 | 2.76 | -3.60 |
| 2020 | -15.09 | 20.61 | -1.07 | 2.70 |
| Morningstar Rating™(Relative to Category) | 31/03/2025 | ||||||||||||||||||||
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| Category : Global Emerging Markets Bond | Click here to see our Methodology | ||||||||||||||||||||
| Volatility Measurements | 31/03/2025 | ||||||||||
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| Modern Portfolio Statistics | 31/03/2025 | 31/03/2025 |
| Standard Index | Best Fit Index | |
| Morningstar EM Sov Bd GR USD | Morningstar EM Crp 10% CN Cap GR USD | |
| 3-Yr Beta | 1.04 | 1.54 |
| 3-Yr Alpha | -1.77 | -3.10 |
| Fixed Income Style | 28/02/2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Asset Allocation | 28/02/2025 |
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| Top 10 Holdings | 28/02/2025 |
| Portfolio NEW | |
| Total Number of Equity Holdings | 0 |
| Total Number of Bond Holdings | 209 |
| Assets in Top 10 Holdings | 42.84 |
| Name | Sector | Country | % of Assets | ||
 US Treasury Bond Future June 25 |  | United States | 12.79 | ||
| 10 Year Treasury Note Future June 25 | | United States | 7.85 | ||
| 5 Year Treasury Note Future June 25 | | United States | 7.48 | ||
 Euro Bobl Future Mar 25 | | Germany | 3.74 | ||
| Ultra US Treasury Bond Future June 25 | | United States | 3.17 | ||
| 2 Year Treasury Note Future June 25 | | United States | 2.03 | ||
| Chile (Republic Of) 4.85% | | Chile | 1.57 | ||
| Argentina (Republic Of) 4.125% | | Argentina | 1.52 | ||
| Kazakhstan (Republic Of) 4.714% | | Kazakhstan | 1.43 | ||
| Corporacion Andina de Fomento 6% | | 1.25 | |||
Increase Decrease  New since last portfolio | |||||
| Category: Global Emerging Markets Bond | |||||
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