Fidelity Emerging Markets Discovery Fd (FEDDX) NASDAQ
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Address
245 Summer Street
Boston, MA 02210
United States of America (the)
Phone
617-563-7000
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
November 02, 2011
This fund primarily allocates at least 80% of its assets to financial instruments issued by companies or entities operating in developing economies. These "emerging markets" are identified through several criteria: countries classified by MSCI as having developing stock markets, nations designated as low- or middle-income economies by the World Bank, or other regions displaying similar growth characteristics. Additionally, the fund may invest in other assets that are economically linked to these nascent markets. Its principal investment strategy typically concentrates on ordinary shares.