Fidelity Emerging Markets Fund Q1 2026 Commentary (FEMKX)
Fidelity Investments·2026-06-25·via All Articles on Seeking Alpha
Summary
For the first three months of 2026, Fidelity Emerging Markets Fund's Retail Class shares gained 0.94%, topping the -0.16% return of the benchmark MSCI Emerging Markets Net MA Linked Index.
Like developed equity markets, emerging markets faced an uptick in volatility during the first quarter, especially in March, as the U.S. and Israel proceeded with bombing Iran.
Versus the benchmark, stock selection in Taiwan and China provided a lift to performance.
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Investment Approach
Fidelity® Emerging Markets Fund (FEMKX) is a diversified emerging-markets equity strategy that seeks capital appreciation.
Our investment approach is anchored by the philosophy that markets are not wholly efficient, due to investor psychology, market microstructure
