FEMR

Fidelity Enhanced Emerging Markets ETF

$31.97

+0.00%

Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Fidelity Enhanced Emerging Markets ETF (FEMR) seeks to provide investment results that correspond, before fees and expenses, to the performance of the MSCI Emerging Markets Index.

Overview

ETF tracking Fidelity Enhanced Emerging Markets ETF

Category Emerging Markets

Issuer Other

Inception Date 2024-11-21

Market Cap $35.2M

Average Volume N/A

Dividend Yield 1.80%

52-Week Range $22.47 - $32.52

VWAP $32.04

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Enhanced Emerging Markets ETF (FEMR) seeks to provide investment results that correspond, before fees and expenses, to the performance of the MSCI Emerging Markets Index.

🎯 Investment Strategy

The ETF employs a passive management strategy, investing in a representative sample of securities included in the MSCI Emerging Markets Index. The fund aims to replicate the index's performance by holding a portfolio of emerging market stocks that collectively approximates the index's key characteristics.

✨ Key Features

Provides broad exposure to emerging market equities
Passively tracks the MSCI Emerging Markets Index
Low expense ratio of 0.00%
Suitable for investors seeking exposure to developing economies

⚠️ Primary Risks

Emerging market risk: Emerging markets may be subject to greater political, economic, and social instability, and information inefficiency
Currency risk: The fund's returns could be reduced by changes in the exchange rates between the U.S. dollar and foreign currencies
Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
Tracking error risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

The Fidelity Enhanced Emerging Markets ETF may be suitable for long-term investors seeking exposure to emerging market equities as part of a diversified portfolio. It may be appropriate for investors with a higher risk tolerance who are comfortable with the volatility and growth potential of developing economies.