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About the company
Fidelity Emerging Markets Limited is a Guernsey-based closed-ended investment company. The Company's investment objective is to achieve long term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging market companies, both listed and unlisted. It invests at least 80% in companies with head offices, listings, assets, operations, income, or revenues predominantly in or derived from emerging markets. A diversified portfolio of at least 75 holdings in companies listed or operating in at least 15 countries should be maintained. The Company may also invest in other transferable securities, investment companies, money market instruments, unlisted shares, cash, and deposits. FIL Investment Services (UK) Limited is the alternative investment fund manager of the Company.
- Revenue in GBP (TTM)75.73m
- Net income in GBP56.05m
- Incorporated1989
- Employees0.00
- LocationFidelity Emerging Markets LtdLevel 3, Mill Court,, La CharroterieSAINT PETER PORT GY1 1EJGuernseyGGY
- Websitehttps://investment-trusts.fidelity.co.uk/fidelity-emerging-markets-limited/?p=0&c=10
Profile
Management group(s) | FIL Investment Services (UK) Ltd |
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AIC sector | Global Emerging Markets |
ISIN | GG00B4L0PD47 |
Launch date | 06 Jul 1989 |
Share type | Ordinary Share |
Structure | Investment Trust |
Base currency | GBP |
Objective
To achieve long term growth by primarily investing in companies whose head office, listing, assets, operations, income, or revenues are predominantly in or derived from emerging markets, both listed and unlisted. The Company is also able to use derivatives for efficient portfolio management, to gain additional market exposure and to seek a positive return from falling asset prices.
Managed by
Nick Price, Chris Tennant |
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Management & contract fees
Under the Management Agreement, the Investment Manager is entitled to receive a management fee of 0.60% of net asset value. The fee is calculated and charged daily and payable monthly in arrears.
Peer analysis
Company | Revenue (TTM) | Net income (TTM) |
---|---|---|
Jpmorgan Uk Small Cap Growth & IncomePLC | 13.58m | 9.66m |
Polar Capital Global Healthcare Trst PLC | 85.55m | 78.00m |
Ashoka India Equity Investment Trust PLC | 69.74m | 54.52m |
Schroder Asian Totl Retrn Invstmt Co PLC | 76.65m | 68.75m |
Pacific Assets Trust plc | 5.20m | -6.06m |
NextEnergy Solar Fund Ltd | 8.82m | -8.36m |
Jupiter Fund Management PLC | 398.00m | -8.90m |
IP Group Plc | 0.00 | -223.00m |
Impax Asset Management Group Plc | 176.56m | 40.67m |
Fidelity Emerging Markets Ltd | 75.73m | 56.05m |
Foresight Solar Fund Ltd | 14.40m | 6.40m |
Polar Capital Holdings plc | 197.59m | 40.79m |
North Atlntc Smlr Cmpns Invtmnt Trst PLC | 97.77m | 89.13m |
Blackrock Throgmorton Trust PLC | 95.13m | 88.42m |
Polar Capital Global Fincls Trust PLC | 125.60m | 115.76m |
European Opportunities Trust PLC | 111.31m | 98.45m |
Institutional shareholders
Holder | Shares | % Held |
---|---|---|
City of London Investment Management Co. Ltd.as of 01 Jul 2024 | 20.84m | 27.87% |
Allspring Global Investments LLCas of 31 Aug 2023 | 12.41m | 16.60% |
Lazard Asset Management LLCas of 31 Aug 2023 | 9.04m | 12.09% |
Saba Capital Management LPas of 02 Apr 2024 | 1.50m | 2.00% |
BlackRock Investment Management (UK) Ltd.as of 30 Jun 2024 | 1.27m | 1.70% |
CG Asset Management Ltd.as of 30 Jun 2024 | 1.20m | 1.61% |
Vanguard Global Advisers LLCas of 30 Jun 2024 | 1.15m | 1.54% |
HSBC Global Asset Management (UK) Ltd.as of 04 Jul 2024 | 457.43k | 0.61% |
Hirtle, Callaghan & Co. LLCas of 31 Mar 2024 | 363.33k | 0.49% |
BlackRock Advisors (UK) Ltd.as of 04 Jul 2024 | 306.32k | 0.41% |