Fidelity Emerging Markets Fund
Fidelity Investment Trust · 7 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Emerging Markets Fund is an actively managed emerging-markets equity fund.
- Asset class
- Equity
- Region
- Emerging markets
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q4
Fidelity Emerging Markets Fund seeks capital appreciation.
The fund invests at least 80% of assets in common stocks of companies in emerging markets or economically tied to them, selected through fundamental analysis of financial condition, industry position, and market conditions across different emerging market countries. Because security selection depends on the manager's analysis rather than an index, fund holdings and performance may diverge from any particular emerging market benchmark.
| Share class | Expense ratio |
|---|---|
| FEMKX | 0.86% |
| FKEMX | 0.74% |
| FEQMX | 1.39% |
| FZEMX | 0.73% |
| FEDMX | 1.14% |
| FEMMX | 1.89% |
| FECMX | 0.87% |
Portfolio turnover 31.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.19% |
| Cash & short-term | 1.63% |
Latest quarter
What changed since the fund's previous filing
Largest new: SK SQUARE CO LTD, BIZLINK HOLDING INC, PRIO SA, JCHX MINING MANAGEMENT CO LTD, CREDICORP LTD, L and K ENGR SUZHOU CO LTD, BHARAT ELECTRONICS LTD, SEOUL GUARANTEE INSURANCE CO
Exited: HINDUSTAN AERONAUTICS LTD, LUXSHARE PRECISION INDUSTRY CO LTD, PDD HOLDINGS INC, OPAP SA, ALLEGRO.EU, INTERNATIONAL GAMES SYSTEM CO LTD, VOLTRONIC POWER TECHNOLOGY CORP, MEESHO
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +51.16% | +74.31% | +31.87% | 20.02% | -12.46% | |
| +51.33% | +74.94% | +32.59% | 19.99% | -12.43% | |
| +50.36% | -21.66% | — | 19.98% | -48.41% | |
| +51.35% | +74.99% | — | 20.02% | -12.44% | |
| +50.75% | -53.03% | — | 19.99% | -69.15% | |
| +49.63% | +35.98% | — | 19.98% | -15.30% | |
| +51.11% | +74.18% | — | 19.99% | -12.47% |
These classes hold the same portfolio, so the 128.02pp spread over 3 years is the cost difference between them — roughly 42.67pp a year — not a difference in what they own.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | TAIWAN SEMICONDUCTOR MFG CO LTD | 19.98% | $69.64 | $2.15B | 30.9M |
| — | SAMSUNG ELECTRONICS CO LTD | 6.55% | $151.55 | $704.67M | 4.6M |
| — | SK HYNIX INC | 6.35% | $897.49 | $683.48M | 761.5K |
| — | TENCENT HLDGS LTD | 5.29% | $60.73 | $568.91M | 9.4M |
| BABA | ALIBABA GROUP HOLDING LTDBABA | 2.89% | $131.88 | $311.26M | 2.4M |
| NVDA | NVIDIA CORPNVDA | 2.83% | $199.57 | $304.52M | 1.5M |
| — | CONTEMPORARY AMPEREX TECHNOLOGY CO LTD | 2.13% | $64.24 | $228.84M | 3.6M |
| — | SIEYUAN ELECTRIC CO LTD A | 1.75% | $28.66 | $187.76M | 6.6M |
| — | GAZTRANSPORT ET TECHNIGAZ SA | 1.51% | $242.95 | $162.01M | 666.8K |
| — | SK SQUARE CO LTD | 1.37% | $585.74 | $147.00M | 251.0K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 50.64% of net assets, top 25 67.66%, across 87 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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